EU-NAMED TAX HAVENS

BLACKLISTED TERRITORIES

1. American Samoa
2. Bahrain
3. Barbados
4. Grenada
5. Guam
6. Macau
7. Marshall Islands
8. Mongolia
9. Namibia
10. Palau
11. Panama
12. Samoa
13. South Korea
14. St. Lucia
15. Trinidad & Tobago
16. Tunisia
17. United Arab Emirates

GREY LIST 

1. Albania
2. Andorra
3. Armenia
4. Aruba
5. Belize
6. Bermuda
7. Bosnia 
8. Botswana
9. Cape Verde
10. Cayman Islands
11. Cook Islands
12. Curaçao
13. Faroe Islands
14. Fiji
15. Former Yugoslav Republic of Macedonia
16. Greenland
17. Guernsey
18. Herzegovina
19. Hong Kong SAR
20. Isle of Man
21. Jamaica
22. Jersey
23. Jordan
24. Labuan Island
25. Liechtenstein
26. Mauritius
27. Malaysia
28. Maldives
29. Montenegro
30. Morocco
31. Nauru
32. New Caledonia
33. Niue
34. Oman
35. Peru
36. Saint Vincent & the Grenadines
37. Serbia
38. Swaziland
39. San Marino
40. Seychelles
41. Switzerland
42. Thailand
43. Turkey
44. Taiwan
45. Uruguay
46. Vanuatu
47. Vietnam

Improve Transparency Standards

1. Armenia
2. Bosnia & Herzegovina
3. Botswana
4. Cape Verde
5. Hong Kong SAR
6. Curaçao
7. Fijo
8. Former Yugoslav Republic of Macedonia
9. Jamaica
10. Jordan
11. Maldives
12. Montenegro
13. Morocco
14. New Caledonia
15. Oman
16. Peru
17. Qatar
18. Serbia
19. Swaziland
20. Taiwan
21. Thailand
22. Turkey
23. Viet Nam

Improve Fair Taxation

1. Andorra
2. Armenia
3. Aruba
4. Belize
5. Botswana
6. Cape Verde
7. Cook Islands
8. Curaçao
9. Fiji
10. Hong Kong SAR
11. Jordan
12. Labuan Island
13. Liechtenstein
14. Malaysia
15. Maldives
16. Mauritius
17. Morocco
18. St. Vincent & Grenadines
19. San Marino
20. Seychelles
21. Switzerland
22. Taiwan
23. Thailand
24. Turkey
25. Uruguay
26. Viet Nam

Introduce substance requirements

1. Bermuda
2. Cayman Islands
3. Guernsey
4. Isle of Man
5. Jersey
6. Vanuatu

Commit to apply OECD BEPS measures

1. Albania
2. Armenia
3. Aruba
4. Bosnia & Herzegovina
5. Cape Verde
6. Cook Islands
7. Faroe Islands
8. Fiji
9. Former Yugoslav Republic of Macedonia
10. Greenland
11. Jordan
12. Maldives
13. Montenegro
14. Morocco
15. Nauru
16. New Caledonia
17. Niue
18. Saint Vincent & Grenadines
19. Serbia
20. Swaziland
21. Taiwan
22. Vanuatu

Note

The list will be updated at least once a year. This update will be based on the continuous monitoring of listed jurisdictions, as well as those that have made commitments to improve their tax systems. Depending on developments, Member States may also decide to screen even more countries in 2018. An interim report will be prepared by mid-2018 to assess progress made. 

From June 2018, more stringent transparency criteria come into effect, which will require a re-assessment of all jurisdictions to ensure that they are in line. The EU listing criteria will also be updated in the future, to reflect new elements that Member States agreed upon, such as transparency on beneficial ownership, as well as possible evolutions at international level.