Places Where There Are No Corporate Taxes
——————————
Small islands in the Caribbean, Pacific and the British Isles make up the majority of territories with no corporate tax requirement.
As a result they are the listed headquarters of hundreds of companies from around the world, and often dubbed as "tax havens".
However, many of them do have some exceptions to the rule. For example, Bahrain has no corporate taxes, unless a firm is involved in the oil & gas sector, in which case it attracts a rather steep 46% rate.
Meanwhile, Bermuda will introduce a 15% corporate tax rate in 2025. This will only apply to firms that are part of multinational groups with an annual revenue of $800M or more.