British Overseas Territory in the South Atlantic; sovereignty is disputed with Argentina (which refers to the islands as the Islas Malvinas).
26% (per Bloomberg Tax, cited via Tax Foundation's sourced compilation).
Progressive, confirmed directly via the official Falkland Islands Government Taxation Office: a personal allowance of GBP 16,860 (2026) applies first, then the next GBP 18,000 of income is taxed at 21%, with any remaining income above that taxed at 26%. Non-resident employees have tax deducted at a flat 21%.
0% - the Falkland Islands has no VAT, sales tax, or general consumption tax, confirmed via the official government taxation office and independently via a professional tax advisory (Regan van Rooy). A conflicting 5% VAT figure appearing on one lower-quality aggregator site is contradicted by both the official government source and independent professional confirmation, and is not used here. Import duties apply instead, including specific duties on tobacco and alcohol.
Confirmed directly via the Falkland Islands Government's own tax portal: an individual is Tax Resident if physically present in the Islands for 183 days or more during the relevant tax year (Non-Resident otherwise), with a separate "ordinarily resident" category for someone repeatedly resident aside from temporary absences; note that tax residency is explicitly distinguished from residency for immigration purposes. Tax Resident individuals must declare all income - employment, self-employment, pensions, benefits in kind, dividends, rental income, casual labour, and interest, from both Falklands and overseas sources - confirming worldwide taxation of residents, not a territorial system. This directly contradicts a lower-quality aggregator's claim that the Falklands runs a territorial tax system where only local-source income is taxed; the official government source is treated as authoritative here. Non-residents receive a reduced personal allowance based on days physically present. A company is subject to Corporation Tax if resident in, or carrying on business activities in, the Falkland Islands, per the government's own Companies guidance.
No CFC-specific provision was found in Falkland Islands tax law. Given the Falklands' very small population (around 3,500) and an economy concentrated in fishing, agriculture, tourism, and oil/gas exploration rather than outbound corporate investment structures, this is consistent with the jurisdiction's overall design - though as a British Overseas Territory it is worth noting explicitly that the UK's own well-documented CFC regime is UK national law and does not automatically extend to the Falkland Islands' separate tax system; the two should not be conflated. Confirm the current position directly with the Falkland Islands Government Taxation Office before relying on it for a specific structure.
No thin capitalization ratio or related-party interest-deduction cap specific to Falkland Islands tax law was found.
No domestic FBAR/Form 8938-equivalent requiring a Falkland Islands resident to self-report foreign accounts was found. Separately and independently of Falkland Islands law, US citizens and Green Card holders with Falkland Islands-connected accounts remain obligated to file FinCEN Form 114 (FBAR) once aggregate foreign accounts exceed USD 10,000, and potentially Form 8938, regardless of the Falkland Islands' own domestic requirements.
The Falkland Islands does not maintain an extensive independent double tax treaty network. Its primary treaty is the UK-Falkland Islands Double Taxation Arrangement, originally concluded in 1984, updated in 1992, and replaced by the current Order signed 17 December 1997 (in force via UK statutory instrument SI 1997/2985) - confirmed via the UK legislation's own official text, which allocates taxing rights on business profits (generally to the residence territory absent a permanent establishment), shipping/air transport profits, and related-party profit adjustments between the UK and the Falklands. Beyond this UK treaty, companies operating in the Falklands may in some circumstances be able to rely on the UK's own broader treaty network as a British Overseas Territory, depending on the specific facts - confirm this on a case-by-case basis with a qualified adviser, since Overseas Territory access to UK treaty benefits is not automatic or uniform.