Bahamas or Saudi Arabia: which taxes less?

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

Lighter: Bahamas, ahead by 1.9 FiScore point.

Tax Bahamas Saudi Arabia Gap
Corporate income tax headline rate 0% 20% −20.0 points
Personal income tax top bracket 0% 0% Same rate
VAT standard rate 10% 15% −5.0 points

Detailed schedules

Corporate income tax

Bahamas

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

Saudi Arabia

Share of profit for foreign partners 20%
Share for Saudi or Gulf partners zakat, based on equity 2.5%
Oil and gas up to 85% depending on concession n/a
See the Bahamas page See the Saudi Arabia page