Cayman Islands Tax Guide
This page includes citations to the sources used for this entry. Always verify with official sources before making decisions.
Personal Income Tax
Tax Residency
Income Tax Rates
Foreign Income Treatment
Investment Income
No capital gains tax
Wealth & Inheritance
Practical Notes
No property taxes or rates. Stamp duty on real estate transfers (7.5%). High cost of living.
Business & Corporate Tax
Corporate Income Tax
Withholding Taxes
VAT / GST
Compliance & Substance
Notable Regimes
- Zero tax regime
- QDMTT for large MNEs
Data Sources
Last updated: January 2025. Always verify with official sources before making decisions.
FAQ
What is the personal income tax rate in Cayman Islands?
Cayman Islands has a top personal income tax rate of 0%. The tax structure is: No direct taxation. See the detailed breakdown above and verify with official sources.
Do I need to pay tax on foreign income in Cayman Islands?
Cayman Islands uses a exempt system for foreign income. No income tax on any source
What are the residency requirements for Cayman Islands?
Tax residency in Cayman Islands generally requires 183 days of physical presence. 183 days generally required; various residency permit categories available. Always verify current rules with official sources.
Is there a wealth tax in Cayman Islands?
No, Cayman Islands does not have a wealth tax. No wealth tax
What is the corporate tax rate in Cayman Islands?
The corporate tax rate in Cayman Islands is 0%. No corporate income tax; 15% QDMTT applies to large MNEs (revenue >ā¬750m)