Bahamas or Malta: which taxes less?

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

Lighter: Bahamas, ahead by 5.6 FiScore points.

Malta

3.7/10

193rd of 217

Tax Bahamas Malta Gap
Corporate income tax headline rate 0% 35% −35.0 points
Personal income tax top bracket 0% 0% to 35% −35.0 points
VAT standard rate 10% 18% −8.0 points

Detailed schedules

Corporate income tax

Bahamas

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

Malta

Headline rate 35%
Effective rate after shareholder refund trading company, 6/7 refund 5%
Passive income and royalties 5/7 refund 10%