The Cayman Islands are an overseas territory of the United Kingdom. They are divided into six districts, with Georgetown as the capital. The official language of the Cayman Islands is English. The currency in the Cayman Islands is the Cayman Islands dollar (KYD). With no direct taxation, the islands are a thriving offshore financial centre.

Valid Cayman Islands Government Employee I.D Cayman Islands Medical Insurance Card with valid picture I.D If proof of locals/residents is not attached to the submission, then taxes will be calculated on the accommodated rate as if it were provided to a non-resident. Cayman Islands: Worldwide Tax Summaries In-depth guide produced by PwC addressing a wide range of corporate and personal tax topics, with overviews of significant developments and quick charts showing key current tax rates and due dates. Previous editions covering corporate taxes going back to 2010 are also available. Tax Rates Online Personal Income Tax Rate in Cayman Islands is expected to reach 0.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Personal Income Tax Rate is projected to trend around 0.00 percent in 2021, according to our econometric models. Withholding Tax. Withholding taxes are imposed at source of income and are often applied to dividends, interest, royalties, rent and similar payments. The rates of withholding tax are often reduced by double taxation agreements. Withholding Tax Rates in the Cayman Islands: 0.0 - 0.0%

Valid Cayman Islands Government Employee I.D Cayman Islands Medical Insurance Card with valid picture I.D If proof of locals/residents is not attached to the submission, then taxes will be calculated on the accommodated rate as if it were provided to a non-resident.

Tax Neutrality. Doing business in the Cayman Islands brings significant tax benefits. Domestic or foreign companies do not pay corporation, capital gains, payroll, property or withholding taxes for doing business here. Note: U.S. and U.K. citizens are still required to file income taxes in their country of residence. Flexibility For example, customs tax, excise tax, stamp tax, and so on. Import duty, which averages 22 percent, is waived on personal effects taken into the Cayman Islands subject to the provision that the personal effects must be in the Cayman Islands within 6 months of an individual taking up residence in the Cayman Islands. International Tax Cayman Islands Highlights 2018 Investment basics: Currency – Cayman Islands Dollar (KYD) Foreign exchange control – No Accounting principles/financial statements – GAAP/IFRS Principal business entities – These are the exempted company, nonresident company and local company. Corporate taxation: Residence – No Basis – No Detailed description of corporate residence rules in Cayman Islands. Since no corporate income, capital gains, payroll, or other direct taxes are currently imposed on corporations in the Cayman Islands, corporate residency is not relevant in the context of Cayman Islands taxation. The Cayman Islands derives a significant portion of their revenue from the collection of duties and people are expected to be completely honest when they declare their overseas purchases. Without duties the alternative may well be income tax, and that would be a far worse burden to bear! The Cayman Islands are an overseas territory of the United Kingdom. They are divided into six districts, with Georgetown as the capital. The official language of the Cayman Islands is English. The currency in the Cayman Islands is the Cayman Islands dollar (KYD). With no direct taxation, the islands are a thriving offshore financial centre. Offshore companies are not taxed on income earned abroad, and there is no taxation of Cayman international business companies (IBCs). The Cayman Islands has no income tax, no corporate tax, no

International Tax Cayman Islands Highlights 2018 Investment basics: Currency – Cayman Islands Dollar (KYD) Foreign exchange control – No Accounting principles/financial statements – GAAP/IFRS Principal business entities – These are the exempted company, nonresident company and local company. Corporate taxation: Residence – No Basis – No

In Cayman Islands, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. A partnership may obtain an exempt status if it does not conduct business with public in the Cayman Islands. Tax Exemption certificated is issued for a period up to 50 years. Information on names of partners and their contributions to the partnership need not be submitted with the Registrar. Cayman Islands Trust Tax Neutrality. Doing business in the Cayman Islands brings significant tax benefits. Domestic or foreign companies do not pay corporation, capital gains, payroll, property or withholding taxes for doing business here. Note: U.S. and U.K. citizens are still required to file income taxes in their country of residence. Flexibility For example, customs tax, excise tax, stamp tax, and so on. Import duty, which averages 22 percent, is waived on personal effects taken into the Cayman Islands subject to the provision that the personal effects must be in the Cayman Islands within 6 months of an individual taking up residence in the Cayman Islands. International Tax Cayman Islands Highlights 2018 Investment basics: Currency – Cayman Islands Dollar (KYD) Foreign exchange control – No Accounting principles/financial statements – GAAP/IFRS Principal business entities – These are the exempted company, nonresident company and local company. Corporate taxation: Residence – No Basis – No Detailed description of corporate residence rules in Cayman Islands. Since no corporate income, capital gains, payroll, or other direct taxes are currently imposed on corporations in the Cayman Islands, corporate residency is not relevant in the context of Cayman Islands taxation.

Answer 1 of 4: Maybe this is a stupid question but being from Canada where we are hit with a high percentage sales tax at the register.does Cayman have a tax added on restaurant, grocery store and tour costs? Thank you.we leave on Sunday of this week and

In Cayman Islands, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.

Offshore companies are not taxed on income earned abroad, and there is no taxation of Cayman international business companies (IBCs). The Cayman Islands has no income tax, no corporate tax, no

The Cayman Islands are one of the most well-known tax havens in the world. Unlike most countries, the Caymans don't have a corporate tax, making it an ideal place for multinational corporations to In Cayman Islands, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.

Tax Neutrality. Doing business in the Cayman Islands brings significant tax benefits. Domestic or foreign companies do not pay corporation, capital gains, payroll, property or withholding taxes for doing business here. Note: U.S. and U.K. citizens are still required to file income taxes in their country of residence. Flexibility For example, customs tax, excise tax, stamp tax, and so on. Import duty, which averages 22 percent, is waived on personal effects taken into the Cayman Islands subject to the provision that the personal effects must be in the Cayman Islands within 6 months of an individual taking up residence in the Cayman Islands. International Tax Cayman Islands Highlights 2018 Investment basics: Currency – Cayman Islands Dollar (KYD) Foreign exchange control – No Accounting principles/financial statements – GAAP/IFRS Principal business entities – These are the exempted company, nonresident company and local company. Corporate taxation: Residence – No Basis – No Detailed description of corporate residence rules in Cayman Islands. Since no corporate income, capital gains, payroll, or other direct taxes are currently imposed on corporations in the Cayman Islands, corporate residency is not relevant in the context of Cayman Islands taxation. The Cayman Islands derives a significant portion of their revenue from the collection of duties and people are expected to be completely honest when they declare their overseas purchases. Without duties the alternative may well be income tax, and that would be a far worse burden to bear!