Countries with no withholding tax

• Andorra0% – 10%

  The non-resident tax is a flat 10% withheld by the payer — but Andorran dividends and interest to non-residents are exempt, and royalties carry just 5%.

• Bahrain0%

  Bahrain imposes no withholding taxes at all — dividends, interest, royalties, fees and salaries all flow gross.

• Cyprus0% / 10%

  Nothing withheld on dividends or interest to non-residents; 10% on royalties used in Cyprus (5% film) and on non-resident entertainers and professionals.

• Estonia0% / 10% / 22%

  Nothing on dividends, 10% on royalties, performances and professional fees, 22% on employment, directors' fees and rents paid to non-residents.

• Hong Kong0% / 4.5%

  No withholding on dividends, interest or service fees — only royalties (4.5%, or 15% to associates) and entertainer fees are withheld.

• Latvia0% – 25.5%

  Dividends mostly leave at 0%; interest and copyright royalties at 25.5% (5% special cases), other royalties at 5%, rents at 10% gross — with punitive rules for low-tax destinations.

• Malta0% / 25%

  Nothing on dividends, interest or royalties to non-residents; 25% on-account withholding on rents and similar Maltese income.

• Monaco0%

  No withholding taxes exist — dividends, interest, royalties, fees and salaries are paid gross to anyone, anywhere.

• Qatar0% / 5%

  No withholding touches personal income; business payments to non-residents — royalties, interest, commissions, services used or benefited in Qatar (wherever performed) — carry a 5% final withholding.

• South Africa0% – 20%

  Residents face little beyond salary withholding and the 20% on dividends. Non-residents face final withholding on dividends, interest, royalties and performance fees.

• United Arab Emirates0%

  No withholding taxes exist — payments of dividends, interest, royalties and fees leave the UAE gross.

• United Kingdom0% / 20%

  No withholding on dividends; 20% on interest, patent royalties and rents to non-residents; payroll withholding on UK workdays.

Source: 2026 tax dataset · updated 2026-07-11 · rates are headline figures — see each country's tax guide for the full picture.