Cayman Islands

Corporate - Other taxes

Last reviewed - 04 December 2023

Value-added tax (VAT)

There is no VAT imposed in the Cayman Islands.

Import duties

Import duty is paid, generally at a rate of 22% to 27%, on importation of most goods. Please refer to the Cayman Islands Customs’ website ( for the latest list of tariff rates.

Excise taxes

There are no excise taxes in the Cayman Islands.

Property taxes

There are no property taxes in the Cayman Islands.

Stamp duties

Stamp duty is paid, generally at a rate of 7.5%, on transfers of Cayman Islands immovable property. Stamp duty, in the form of a transfer tax equal to the applicable stamp duty, also applies to transfers of shares in land holding companies.

Cayman Islands stamp duty may also be payable if any documents are executed in, after execution brought to, or produced before a court of the Cayman Islands. Such stamp duty will be nominal in most instances and is capped at 500 Cayman Islands dollars (KYD).

Stamp duties also apply on legal or equitable mortgages or charges of immovable property or debentures. The stamp duty ranges from 1% to 1.5%, depending on the sum secured.