Solomon Islands

Last update: 2026-05-13
SB SBD$ English
Pros
Significant opportunities for private investment in untapped natural resources and niche tourism markets.
Relatively low regulatory burden for small-scale entrepreneurial ventures outside of major urban centers.
Potential for tax exemptions and incentives within designated special economic zones for foreign investors.
Cons
Pervasive corruption and lack of transparency within public administration and land ownership systems.
Inadequate infrastructure, specifically regarding unreliable power grids and limited digital connectivity across islands.
High risk of political instability and occasional civil unrest impacting long-term business security.
Personal income
NONE
Corporate
NONE
Capital gains
NONE
VAT (standard)
NONE
i 2.2 VERY LOW TAX
i 2 CRYPTO HAVEN
i 2 PRIVACY GRADE
i 0.9 EASY CITIZENSHIP
i 0.5 HOLDING
i 0.5 DIVIDEND PIPELINE
VERYLOW TAX 2.2/10 HOLDING 0.5/10 DIVIDENDPIPELINE 0.5/10 CRYPTOHAVEN 2/10 PRIVACYGRADE 2/10 EASYCITIZENSHIP 0.9/10
01/08

Will Solomon Islands tax what you earn?

income tax tax residency territorial system

NO. Solomon Islands doesn't tax personal income, and doesn't reach for you when you settle. No withholding, no return, no centre-of-vital-interests test waiting to trip. Salary is a non-event here, both in the rate and in the paperwork.

Personal income taxi
NONE
no personal income tax framework
Income simulatori
N/A
no income tax framework — nothing to simulate
Tax residence testi
N/A
no formal tax residency test · matters mainly for citizenship / immigration tracks
02/08

Will Solomon Islands tax what you own?

capital gains wealth tax inheritance dividends interest

NO. Solomon Islands doesn't tax what you hold. No capital gains, no annual wealth assessment, no inheritance regime. The value sitting in your portfolio compounds untouched, and leaves it the same way it arrived.

Capital gainsi
NONE
no capital gains regime
Dividend taxi
NONE
no dividend tax
Interest incomei
NONE
no interest income tax
Wealth taxi
NONE
no annual wealth tax · no real-estate wealth tax · no net-worth assessment
Crypto · tax regimei
Regime
UNREGULATED
Fallback rate
40%
Cryptocurrency is currently unregulated in the Solomon Islands. The Central Bank of Solomon Islands (CBSI) has issued multiple warnings stating that cryptocurrencies are not legal tender and are not regulated by the bank. While there is no specific Capital Gains Tax (CGT) for individuals on most assets, the Inland Revenue Division (IRD) applies general income tax rules to 'profit-making schemes.' Consequently, gains from the disposal or exchange of crypto-assets are likely treated as ordinary income and taxed at progressive rates reaching a maximum of 40%.
Crypto-to-cryptoi
TAXABLE
each swap counts as a disposal — gains realised at every trade
FATF travel rulei
NOT SIGNED
no information-sharing obligation on VASP transfers
Inheritance systemi
NONE
no estate tax · no heir-based duties · no succession tax framework. Wealth transfers across heir-classes are not taxed in this jurisdiction. Only standard probate / registration fees may apply.
03/08

Is it easy to run a company in Solomon Islands?

corporate tax criminal liability public registry VAT IP box

YES. Solomon Islands has no corporate income tax and no criminal liability for misuse of corporate assets: fiscally and legally weightless. The catch: corporate registries are public, so your name as shareholder shows up in a search portal. The state doesn't tax you and doesn't prosecute you; it just exposes you.

Corporate taxi
NONE
no corporate income tax framework
IP Box · Patent Boxi
NONE
no IP regime · IP income taxed under standard corporate rules
Misuse of corporate assetsi
NO CRIMINAL LIABILITY
N/A - Civil Matter
In the Solomon Islands, which follows common law principles and a Companies Act based on the New Zealand model, the misuse of corporate assets by a sole shareholder-director of a solvent company is treated as a civil breach of fiduciary duty or an unauthorized distribution rather than a criminal offense. Under Section 71 of the Companies Act 2009, 'unanimous shareholder approval' can authorize the use of company property for personal benefit, effectively providing the company's consent and negating the 'fraudulent' intent required for criminal theft or conversion. Criminal liability under Section 197 of the Companies Act (Fraudulent use of property) or Section 278 of the Penal Code (Conversion) typically only triggers if there is an intent to defraud third parties, such as creditors in an insolvency scenario.
Shareholders privacyi
PUBLIC
Company Haus
Directors privacyi
PUBLIC
Company Haus
Incorporation costi
Private Limited Liability Company
Private Company
Foreign Investment Registration Certificate (FIRC) Application Fee USD 300
Company Haus Registration Fee (Local Company) USD 156
Honiara City Council Business License (Average for General Trading) USD 375
Professional Incorporation & Legal Advisory Fees USD 1,062
Total USD 1,892
VAT standard ratei
NONE
no general VAT · no consumption tax framework
04/08

Is Solomon Islands good for your holding company?

treaty network participation exemption withholding

NO. Solomon Islands doesn't carry a treaty network, which makes it unsuitable as a holding jurisdiction. Any dividend flowing in or out faces full statutory withholding, and no domestic participation exemption can compensate for missing relief on the source side.

Territorial systemi
Individuals
WORLDWIDE
Corporates
WORLDWIDE
Individuals: worldwide income taxation regardless of source. Corporates: worldwide.
Participation exemptioni
NONE
no dividend participation exemption regime
CFC rulesi
NONE
no controlled foreign corporation regime · foreign-source corporate income out of scope
WHT · dividendsi
no withholding on outbound dividends
WHT · interest
no withholding on outbound interest
WHT · royalties
no withholding on outbound royalties
Tax-haven WHT
no punitive rate on record
Treaties signedi
0
active
Treaties pending
in negotiation
Tax treaty networki
origin · SB 0% > 0% no treaty
Inspect a country
Hover any country on the map to read its withholding-tax treaty with SB.
Country Status Dividends Interest Royalties
// no treaties match
05/08

What does it cost to come and go from Solomon Islands?

exit tax territorial system dual citizenship

SOME. Solomon Islands taxes worldwide income while you're resident, but there's no exit tax on the way out. The cost of leaving is mostly paperwork: unrealised gains follow you to the next jurisdiction untouched.

Exit taxi
NONE
no triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
FORBIDDEN
naturalisation requires renouncing existing citizenship
Citizenship paths
Residence
Marriage
Birth
Descent
Investment
06/08

Will Solomon Islands protect your privacy?

info exchange corporate registries

YES. Solomon Islands has signed few exchange frameworks, so foreign tax authorities won't routinely see what you do here. But corporate registries are public: ownership and directorships are queryable by anyone with a browser. Privacy from abroad, transparency at home.

Multilateral reporting frameworks 0/10 active
CRS
CARF
FATCA
MLI
BEPS
MAAC
GLOBAL FORUM
EOIR
CRYPTO-CARF
CRYPTO TRAVEL RULE
07/08

Is Solomon Islands itself a liability?

blacklists FATF standing

YES. Solomon Islands sits on multiple major blacklists. Counterparties routinely apply anti-abuse rules, higher withholding, or refuse the transaction entirely. The jurisdiction itself is the risk, regardless of the substance of what you're doing inside it.

Blacklist exposure Listed by 3 authorities
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list
08/08

Will you feel free in Solomon Islands?

press freedom crypto CBDC EU

Not enough data to assess civil liberties and financial freedom in Solomon Islands.

Press freedom · RSF indexi
Central bank digital currencyi
Program Status Cross-border Sources
Bokolo Cash
Central Bank of Solomon Islands
PROOF OF CONCEPT
Solomon Islands CBDC
The purpose of this study is to chart a path for the Pacific Island countries into the age of digital finance. It will systematically investigate financial infrastructures in four countries: Fiji, Solomon Islands, Tonga, and Vanuatu. In addition to assessing current procedures for wholesale settlements (i.e., between financial institutions) and cash-based and cashless retail settlements (e.g., between end users), SORAMITSU will evaluate the potential risks and benefits of introducing central bank digital currencies (CBDCs) and other novel digital assets.
Central Bank of Solomon Islands
RESEARCH
SEE ALSO

Other jurisdictions worth comparing

Picked by similarity of strategic profile to Solomon Islands. No editorial ranking — neighbours in the same scoring space.

PROFILE-ADJACENT Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE Same family of strategies, lower total score.