Belarus
5.9/10
84th of 217
Belarus or Bermuda: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Lighter: Bermuda, ahead by 4.1 FiScore points.
Bermuda
10/10
1st of 217
| Tax | Belarus | Bermuda | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 20% | 0% | +20.0 points |
| Personal income tax top bracket | 13% to 17% | 0% | +17.0 points |
| VAT standard rate | 20% | 0% | +20.0 points |
Detailed schedules
Corporate income tax
Belarus
| Tax base up to 25 million BYN | 20% |
| Tax base over 25 million BYN since 2024 | 25% |
Bermuda
| Standard companies | 0% |
| Multinational groups revenue over €750 M, since 2025 | 15% |
Personal income tax
Belarus
n/a
Bermuda
| No personal income tax | 0% |
- Belarus : gsl.org
- Bermuda : www.gov.bm
- Bermuda : taxsummaries.pwc.com