European countries have more than 30 dependent territories in total. However, the most of these territories are specialized in international tourism and hospitality services and don't provide international banking and financial services. There are just 10 dependent territories, having financial services as one of the main economy sectors. The list of these territories (ordered alphabetically) with the links to the territories' profile pages is shown below.
Territory | Income Tax Rates | Main Sectors | Financial Services | Number of Banks |
---|---|---|---|---|
Anguilla[1] |
Personal: 0.00 - 0.00 % Corporate: 0.00 - 0.00 % |
•luxury tourism •offshore banking •lobster fishing |
•offshore banking •offshore captive insurance •fund management •company administration |
5 banks |
Bermuda[1] |
Personal: 0.00 - 0.00 % Corporate: 0.00 - 0.00 % |
•tourism •light manufacturing •offshore financial services |
•offshore banking •insurance •fund and trust management •company administration |
5 banks |
British Virgin Islands[1] |
Personal: 0.00 - 0.00 % Corporate: 0.00 - 0.00 % |
•tourism •offshore financial services |
•offshore banking •insurance •fund and trust management •company administration |
7 banks |
Cayman Islands[1] |
Personal: 0.00 - 0.00 % Corporate: 0.00 - 0.00 % |
•tourism •offshore financial services |
•offshore banking •fund management •trust management |
95 banks |
Curacao[2] |
Personal: 9.75 - 46.50 % Corporate: 22.00 - 22.00 % |
•international trade •offshore financial services •tourism •petroleum refining and transshipment |
•wealth management •cross-border investments •fund management |
44 banks |
Gibraltar[1] |
Personal: 5.00 - 28.00 % Corporate: 10.00 - 10.00 % |
•tourism •banking and finance •e-commerce and e-gaming |
•offshore banking •insurance •fund management •wealth management |
9 banks |
Guernsey[1] |
Personal: 20.00 - 20.00 % Corporate: 0.00 - 0.00 % |
•financial services •business services |
•offshore banking •fund management |
20 banks |
Isle of Man[1] |
Personal: 10.00 - 20.00 % Corporate: 0.00 - 0.00 % |
•offshore banking •manufacturing •tourism |
•international banking •wealth management •fund management |
11 banks |
Jersey[1] |
Personal: 20.00 - 20.00 % Corporate: 0.00 - 0.00 % |
•financial services •tourism |
•offshore banking •fund management |
19 banks |
Turks and Caicos Islands[1] |
Personal: 0.00 - 0.00 % Corporate: 0.00 - 0.00 % |
•tourism •offshore financial services •fishing |
•international insurance •fund management •company administration |
6 banks |
[1] Dependent territory of the United Kingdom.
[2] Dependent territory of the Netherlands.