Back To Top

Your Lowtax Account


Grenada: Domestic Corporate Taxation

Introduction

NB: Offshore companies are exempt from corporate taxation

For domestic companies, corporate taxes are levied, at the time of writing, on net profits of companies at a rate of 30%. In the case of sole proprietorships there is a USD22,222 exemption. A debt service levy is payable on salaries over USD12,000 per year at a rate of 10%.

 

 

Back to Grenada Index »