Bermuda
10/10
1st of 217
Bermuda or Kuwait: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Lighter: Bermuda, ahead by 1.2 FiScore point.
Kuwait
8.8/10
15th of 217
| Tax | Bermuda | Kuwait | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 0% | 15% | −15.0 points |
| Personal income tax top bracket | 0% | 0% | Same rate |
| VAT standard rate | 0% | 0% | Same rate |
Detailed schedules
Corporate income tax
Bermuda
| Standard companies | 0% |
| Multinational groups revenue over €750 M, since 2025 | 15% |
Kuwait
| Foreign-owned companies on foreign profit share | 15% |
| Gulf companies 1% zakat and specific contributions | 0% |
| Multinational groups revenue over €750 M, from 2025 | 15% |
Personal income tax
Bermuda
| No personal income tax | 0% |
Kuwait
| No personal income tax | 0% |
- Bermuda : www.gov.bm
- Bermuda : taxsummaries.pwc.com
- Kuwait : www.ey.com
- Kuwait : taxsummaries.pwc.com