Taxation of international executives
Are there social security/social insurance taxes in the Fiji Islands? If so, what are the rates for employers and employees?
|Type of insurance||Paid by employer||Paid by employee||Total|
|Fiji National Provident Fund||10%||8%||18%|
In general, all individuals in Fiji (excluding expatriates) must be registered with Fiji’s compulsory social security plan, Fiji National Provident Fund (FNPF). Employee and employer contributions are set at 8 percent and 10 percent respectively of the employee’s gross employment income. Expatriate employees on an employment contract are not required to join FNPF. However, expatriate employees who wish to join FNPF must apply to FNPF within three months from start of employment and the application is made jointly by employer and employee and must be reflected in the employment contract.
Are there any gift, wealth, estate, and/or inheritance taxes in the Fiji Islands?
Estate and gift duties were abolished about 20 years ago.
Are there real estate taxes in the Fiji Islands?
Only stamp duty on the transfer of property is applicable (in respect of real estate).
Are there sales and/or value-added taxes in the Fiji Islands?
Value-added tax at the rate of 15 percent (effective from 1 January 2011, previously 12.5 percent) applies to the supply of most goods and services. Certain services, such as the export of goods and certain services are zero rated, while certain services, such as financial services, are exempt from VAT.
Services turnover tax (previously called Hotel turnover tax) at the rate of 5 percent (effective from 1 April 2008, previously 3 percent) applies in respect of hotel accommodation and other hotel, restaurant, bar and recreational services.
Are there unemployment taxes in the Fiji Islands?
No there are no unemployment taxes in Fiji
Are there additional taxes in the Fiji Islands that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.
Land Sales Tax has been abolished following the introduction of Capital Gains Tax.
There is no payroll tax in Fiji, only income tax on the income derived by the employee who is taxed at prescribed rates.
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