Bermuda or Cabo Verde: which taxes less?

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

Lighter: Bermuda, ahead by 4.4 FiScore points.

Tax Bermuda Cabo Verde Gap
Corporate income tax headline rate 0% 20% −20.0 points
Personal income tax top bracket 0% 16.5% to 27.5% −27.5 points
VAT standard rate 0% 15% −15.0 points

Detailed schedules

Corporate income tax

Bermuda

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

Cabo Verde

n/a

Personal income tax

Bermuda

No personal income tax 0%

Cabo Verde

n/a

See the Bermuda page See the Cabo Verde page