Tax Havens

Estonia has a flat tax rate of 20% for individuals and companies. For companies, profits are only taxed when distributed to shareholders (not when earned). Therefore, companies can retain profits tax free for reinvestment.

The Cayman Islands have never levied income tax, capital gains tax, or any wealth tax, making them a popular tax haven.

There are no taxes, no restrictions on the import or export of funds, and no customs or excise duties payable in the Vatican City.

 Residents of Norfolk Island previously did not pay Australian federal taxes, which created a tax haven for locals and visitors alike.

Luxembourg is ranked as the 2nd safest tax haven in the world, behind Switzerland.  As a tax haven Luxembourg does not tax the interest gained by offshore bank accounts.

The tax rate in Hong Kong is fixed at a low 15% for individuals and 16.5% for companies.

The Cook Islands specialise in asset protection trusts which investors use to shelter assets from the reach of creditors and legal authorities.

Singapore is a popular tax haven due to the low tax rate on personal income and tax exemptions on foreign-based income and capital gains. 

Vanuatu is a tax haven which has no income tax, withholding tax, capital gains tax, inheritance tax, or exchange control.

Niue provides automated companies registration, which is administered by the New Zealand Ministry of Economic Development.