Gibraltar - Corporate tax rate is 10%.

Cayman Islands - No income tax.

Dominica - Rate reduce from 28% to 25% on 1 January 2016/ Branch remittance tax of 15% also levied.

Labuan - Tax rate is 3% or 20.000 MYR per year.

Corporate Tax Rate 2016 Classical offshores

Gibraltar - Corporate tax rate is 10%.

Cayman Islands - No income tax.

Dominica - Rate reduce from 28% to 25% on 1 January 2016/ Branch remittance tax of 15% also levied.

Labuan - Tax rate is 3% or 20.000 MYR per year.

Isle of Man - Standard income tax rate for companies is 0%. Income received in respect of licensed banking activity and retail profits for companies undertaking Isle of Man retail business where annual taxable profit from this business exceeds GBP 500,000 taxed at 10% rate. Profits from Isle of Man land and property taxed at rate 20%.

Jersey - Standard rate of corporate income tax applying to Jersey resident companies or non-Jersey resident companies that have permanent establishment in Jersey is 0%. 10% rate applies to certain companies that meet definition of "financial services company" and 20% rate applies to certain companies that meet definition of "utility company."

St. Kitts & Nevis - Rate is 33%. Remittances by branch to head office also subject to 10% rate.

St. Vincent & the Grenadines - Corporate tax is 32,5% rate.

Guernsey - Companies pay income tax at the current standard rate of 0% on taxable income. Income derived from a banking business, insurance business, custody services business and licensed fund administration business is taxable at 10%.

Author: Sergey Panov

managing partner Finance Business Service