Bermuda or São Tomé and Príncipe: which taxes less?

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

Lighter: Bermuda, ahead by 4.3 FiScore points.

Tax Bermuda São Tomé and Príncipe Gap
Corporate income tax headline rate 0% 25% −25.0 points
Personal income tax top bracket 0% 10% to 20% −20.0 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%

São Tomé and Príncipe

n/a

Personal income tax

Bermuda

No personal income tax 0%

São Tomé and Príncipe

n/a