Countries with No Corporate Tax
Jurisdictions that levy zero corporate income tax on companies.
Only a handful of jurisdictions still levy no corporate income tax at all: the Bahamas, Bahrain, the British Virgin Islands, the Cayman Islands, Nauru, Turks and Caicos, Tuvalu, and Vanuatu. Most are small international financial centres that earn revenue from company registration fees, financial-services licensing, and import duties instead.
The zero-tax club is shrinking. The UAE introduced a 9% corporate tax in 2023, Bermuda enacted a 15% tax on large multinationals from 2025, and the OECD’s 15% global minimum tax (Pillar Two) now claws back the benefit for groups with revenue above €750 million. For smaller companies, though, these jurisdictions remain genuinely tax-free at the corporate level.
