Fiji Corporate Tax Guide 2026

Overview — Corporate Tax in Fiji

Corporate tax in Fiji is governed by the Income Tax Act and administered by the Fiji Revenue and Customs Service (FRCS). A company is tax resident if it is incorporated in Fiji or if its place of effective management is in Fiji. Resident companies are taxed on worldwide income; non-resident companies with a permanent establishment are taxed on Fiji-source income only. Companies must register for tax with FRCS and obtain a Tax Identification Number (TIN). The standard CIT rate was reduced from 25% to 20% in recent budgets, part of ongoing tax reform to improve competitiveness. Annual returns are due within 5 months after the end of the accounting period.

Standard Corporate Tax Rate — 20%

The standard CIT rate for resident companies in Fiji is 20% of chargeable profits. Non-resident companies with a permanent establishment in Fiji are also taxed at 20% on Fiji-source income. Taxable profit is computed as gross revenue less allowable deductions including operating expenses, capital allowances (depreciation), interest costs (subject to thin capitalisation rules), and losses carried forward. Losses may be carried forward for up to 5 years. The rate reduction from 25% to 20% in recent budgets represents a significant cost saving for businesses operating in Fiji.

Export Companies — 10%

Qualifying export companies benefit from a reduced CIT rate of 10%. To qualify, a company must derive at least 70% of its gross income from the export of goods manufactured or produced in Fiji. The reduced rate applies for up to 13 years from the date of commencement of commercial operations, depending on the level of local content and value addition. Exports of services (tourism, IT, consulting) may also qualify under certain conditions. The incentive is designed to promote Fiji's export base and foreign exchange earnings.

Pioneer Industries — 0%

Companies operating in designated pioneer industries may qualify for a tax holiday with a 0% CIT rate for a specified period. Pioneer industries are those considered strategically important for Fiji's economic development, including renewable energy, advanced manufacturing, biotechnology, information technology, and agro-processing. The tax holiday is typically granted for 5 to 10 years, depending on the level of investment and the strategic importance of the project. Approval is granted by the Minister of Finance on the recommendation of FRCS and Investment Fiji.

Branches of Foreign Companies

Foreign companies operating through a branch in Fiji are taxed at 20% on Fiji-source profits. Additionally, branch profits remitted to the head office are subject to a branch remittance tax of 10% (final tax). This brings the combined effective rate to 28% for repatriated profits. Foreign companies may prefer to incorporate a Fijian subsidiary to pay dividends subject to standard dividend withholding tax rates, which may be lower under applicable double tax treaties.

Capital Allowances (Depreciation)

Fiji uses a capital allowance system for tax purposes. Rates vary by asset category:

• Plant & machinery — 10–25% per annum (declining balance)
• Buildings — 5% per annum (straight-line) for industrial buildings
• Motor vehicles — 20% per annum (declining balance)
• Computers & office equipment — 30% per annum (declining balance)
• Hotel buildings — 20% initial allowance plus 10% annual

Qualifying capital expenditure in pioneer industries may attract accelerated capital allowances, including 100% write-off in the first year for certain assets. Investment allowances of up to 20% of capital expenditure are available for qualifying manufacturing and tourism projects.

FAQs

What is the penalty for late filing of corporate tax returns?

Late filing attracts a penalty of 25% of the tax assessed plus 2% interest per month on the unpaid tax. Additional penalties may apply for failure to maintain proper records or for tax evasion.

Can foreign companies claim treaty relief?

Yes, Fiji has double tax treaties with Australia, New Zealand, the United Kingdom, Japan, South Korea, Papua New Guinea, and Singapore. Treaty relief may reduce withholding tax rates on dividends, interest, and royalties paid to non-residents.

Is there a minimum tax for loss-making companies?

Fiji does not have a turnover-based minimum tax. Loss-making companies may carry forward losses for up to 5 years against future profits. However, companies that are consistently loss-making may face FRCS audit scrutiny.

Disclaimer

This guide provides general information about Fijian corporate tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Fijian tax advisor or the Fiji Revenue and Customs Service for advice specific to your situation. InvestmentKit does not provide tax advice.