1. Home
  2. Main Catalog
  3. Tax Jurisdiction
  4. Saint Kitts and Nevis Taxation

Saint Kitts and Nevis Taxation

Saint Kitts and Nevis Taxation
Brand: Saint Kitts and Nevis
Category: Tax Jurisdiction

Rating

The overall rating is based on review by third parties and our experts

8.1
  • Global Tax Friendly 10 / 10
  • Inheritance Tax Friendly 10 / 10
  • Easy to Citizenship 10 / 10
  • Financial Secret Score 7 / 10
  • R. Estate Tax Friendly 10 / 10
  • Gift Tax Friendly 10 / 10
  • Anti-Aml Index 1 / 10

Non-resident legal entities pay tax on profits received within the state. Resident legal entities pay tax on the income received all over the world. Resident legal entities are companies that are officially registered in St. Kitts and managed by local directors.

Information

Investment Basis

Currency Eastern Caribbean Dollar
Accounting Principles IFRS, Parent company
Individual Worldwide Tax Basis No Worldwide Tax
Fast Track Citizenship

Individual Taxation

Starting Taxable Income None
Starting Income Tax Rate None
Highest Income Tax Rate None
No Individual Capital Gain Tax

Inheritance, Gift, Net Worth, Dividend, Interest Taxation

No Net Worth Tax
No Gift Tax
No Inheritance Tax
Dividend Tax 10%, nonresident
Interest Tax 10%, nonresident

Corporate Taxation

Income Tax Rate 33%
Branch Tax Rate 33%
No Capital Gain Tax

Withholding Taxation for Nonresidents

Dividends (Company) 15%
Interest (Company) 15%
Royalties (Company) 15%
Fees for Technical Services (Company) 15%
Dividends (Individual) 15%
Interest (Individual) 15%
Royalties (Individual) 15%
Fees for Technical Services (Individual) 15%

Withholding Taxation for Residents

Dividends (Company) 0%
Interest (Company) 0%
Royalties (Company) 0%
Fees for Technical Services (Company) 0%
Dividends (Individual) 0%
Interest (Individual) 0%
Royalties (Individual) 0%
Fees for Technical Services (Individual) 0%

Real Estate

Transfer Tax 6%-10%
Real Property Tax 0.2%-0.3%

Value Added Tax

Standard Rate 17%
Reduced Rate 0%/10%

Reviews

  • Be the first to add a Review

    Please post a user review only if you have / had this product.

Search

JurisdictionView All

Show More

Contact