Bermuda or France: which taxes less?

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

Lighter: Bermuda, ahead by 6.3 FiScore points.

Tax Bermuda France Gap
Corporate income tax headline rate 0% 25% −25.0 points
Personal income tax top bracket 0% 0% to 45% −45.0 points
VAT standard rate 0% 20% −20.0 points

Detailed schedules

Corporate income tax

Bermuda

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

France

General regime 25%
SMEs: first 42,500 euros profit Revenue < 10 M€, capital 75% held by individuals 15%

Personal income tax

Bermuda

No personal income tax 0%

France

n/a