Azores or Bahamas: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Bahamas, ahead by 4 FiScore points.

Tax Azores Bahamas Gap
Corporate income tax headline rate 14% 0% +14.0 points
Personal income tax top bracket 0% to 36.2% 0% +36.2 points
VAT standard rate 18% 10% +8.0 points

Detailed schedules

Corporate income tax

Azores

General regional regime 14%
SMEs: first 50,000 euros of profit 11.9%

Bahamas

Common law companies 0%
Multinational groups revenue over €750 M, since 2025 15%