Top 5 Offshore Tax Havens in the World

4. Hong Kong

FSI Value: 927

Hong Kong ranks fourth on the Financial Secrecy Index 2022, with a worldwide FSI share of 2.73%. It’s also one of the most popular tax havens as the local government encourages foreign investment. The corporate gains made outside the territory are tax exempted. The jurisdiction is also popular for its ease of doing business and friendly policies for foreign investment. 

Hong Kong also has a zero-tax rate policy on inheritance tax, capital gains, dividend tax, and value-added tax.  Income tax for residents is low, ranging from 2% to 17%.  The high financial secrecy score of 65 on the 2022 FSI report adds to its reputation as a secure jurisdiction for foreign entities.