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4.3. Branch Profit (Deemed Remittance) Tax

Income of the branch from its business activities in Fiji is subject to corporate tax in the country.

From 1 January 2016, a dividend withholding tax due at the rate of 9% was introduced, and the remittance of the after-tax profits of the branch to its foreign head office was equated with a dividend distribution and subject to withholding tax at the same rate. However, the dividend withholding tax was repealed effective 1 August 2017 and it is assumed that this also repeals the withholding tax due on the remittance of after-tax branch profits.