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Cayman Islands vs Singapore: tax rates compared

Singapore has an income tax rate of 24%, 24pp above Cayman Islands's 0%. The 200-country average is 28%: both sit below it.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

six shared taxes, side by side
Tax	KY	SG	Difference
Income Tax	0%	24%	SG +24 pplargest gap
Corporate Tax	0%	17%	SG +17 pp
VAT	0%	9%	SG +9 pp
Capital Gains Tax	0%	0%	match
Crypto Tax	0%	0%	match
Wealth Tax	0%	0%	match

Income Tax, side by side
Country	Rate	Source
Cayman Islands	0%	Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Singapore	24%	Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference	−24 pp	Singapore higher

Corporate Tax, side by side
Country	Rate	Source
Cayman Islands	0%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore	17%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	−17 pp	Singapore higher

Singapore has a corporate tax rate of 17%, 17pp above Cayman Islands's 0%. The 201-country average is 22.6%: both sit below it.

VAT, side by side
Country	Rate	Source
Cayman Islands	0%	Source: PWC Worldwide Tax Summaries — Cayman Islands (Corporate, Other taxes) · as of 2026-05-29
Singapore	9%	Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference	−9 pp	Singapore higher

Singapore has a VAT rate of 9%, 9pp above Cayman Islands's 0%. The 181-country average is 15%: both sit below it.

Capital Gains Tax, side by side
Country	Rate	Source
Cayman Islands	0%	Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Singapore	0%	Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference	0 pp	displayed rates match

Cayman Islands and Singapore share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax, side by side
Country	Rate	Source
Cayman Islands	0%	Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Singapore	0%	Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30
Difference	0 pp	displayed rates match

Cayman Islands and Singapore share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it.

Wealth Tax, side by side
Country	Rate	Source
Cayman Islands	0%	Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Other taxes) · as of 2026-05-29
Singapore	0%	Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference	0 pp	displayed rates match

Cayman Islands and Singapore share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.