Bahamas or Cyprus: which taxes less?

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

Lighter: Bahamas, ahead by 4.1 FiScore points.

Tax Bahamas Cyprus Gap
Corporate income tax headline rate 0% 15% −15.0 points
Personal income tax top bracket 0% 0% to 35% −35.0 points
VAT standard rate 10% 19% −9.0 points

Detailed schedules

Corporate income tax

Bahamas

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

Cyprus

General regime since 1 January 2026 15%
Eligible intellectual property income IP Box regime 2.5%
See the Bahamas page See the Cyprus page