Country tax profile · 2026
Grenada corporate tax
How Grenada taxes corporate
The standard corporate profits tax in Grenada is 28%. Corporate income tax 28%. This figure comes from secondary sources and has not been re-verified against a government source.
Compiled by MyNomadWorld for Grenada and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How Grenada's corporate tax compares
Grenada's corporate tax of 28% is the 40th highest of the 180 countries we track, against a global average of 21.2% and a North America average of 20.6%.
Countries with a similar corporate tax
New Zealand (28%) · Rwanda (28%) · Burkina Faso (27.5%) · Bangladesh (27.5%) · Togo (27%) · Chile (27%)
Who is a tax resident of Grenada?
Territorial system: only Grenada-source income is taxed; residents entitled to XCD 36,000 annual exemption. Foreign-source income of residents not taxed.
Related Grenada taxes
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What is the corporate tax rate in Grenada?
The standard corporate profits tax in Grenada is 28%. Corporate income tax 28%. This figure comes from secondary sources and has not been re-verified against a government source.