Bermuda or Guinea-Bissau: which taxes less?

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

Lighter: Bermuda, ahead by 3.8 FiScore points.

Tax Bermuda Guinea-Bissau Gap
Corporate income tax headline rate 0% 25% −25.0 points
Personal income tax top bracket 0% 1% to 12% −12.0 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%

Guinea-Bissau

n/a

Personal income tax

Bermuda

No personal income tax 0%

Guinea-Bissau

n/a