Cayman Islands or Saudi Arabia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Cayman Islands, ahead by 2.6 FiScore points.

Tax Cayman Islands Saudi Arabia Gap
Corporate income tax headline rate 0% 20% −20.0 points
Personal income tax top bracket 0% 0% Same rate
VAT standard rate 0% 15% −15.0 points

Detailed schedules

Corporate income tax

Cayman Islands

n/a

Saudi Arabia

Share of profit for foreign partners 20%
Share for Saudi or Gulf partners zakat, based on equity 2.5%
Oil and gas up to 85% depending on concession n/a