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Trading

List of Tax Havens in the World

Published by Gbaf News

Posted on April 8, 2013

1 min read

· Last updated: November 21, 2018

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Wealth Management fintech Digital banking

List of Tax Havens in the World

1 Luxembourg
2 Cook Islands
3 Cayman Islands
4 Channel Islands
5 Bermuda
6 Dubai
7 Lichtenstein
8 British Virgin Islands
9 Andorra
10 Switzerland
11 Gibraltar
12 Belize
13 Vanuatu
14 Greneda
15 Cyprus
16 United Arab Emirates
17 Monaco
18 Bahamas
19 Jersey/Guernsey

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Key Takeaways

  • Tax havens span multiple regions including Europe, Caribbean, Asia-Pacific, and Middle East.
  • They attract wealth via low or zero taxation, secrecy, and legal structures.
  • Prominent havens include Luxembourg, Cayman Islands, British Virgin Islands, Switzerland, Singapore, UAE, Monaco, and Ireland.

References

Frequently Asked Questions

What defines a tax haven?
A jurisdiction with low or zero taxes, financial secrecy, and structures enabling profit shifting rather than based on economic activity.
Which jurisdictions are most cited as tax havens?
Commonly cited havens include Luxembourg, Cayman Islands, British Virgin Islands, Switzerland, Singapore, Hong Kong, Ireland, UAE, Monaco.
Why do corporations use tax havens?
To minimize taxes through legal strategies like BEPS tools and routing profits through favorable jurisdictions.

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