Bermuda or U.S. Virgin Islands: 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 U.S. Virgin Islands Gap
Corporate income tax headline rate 0% 21% to 23.1% −23.1 points
Personal income tax top bracket 0% 10% to 37% −37.0 points
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%

U.S. Virgin Islands

n/a

Personal income tax

Bermuda

No personal income tax 0%

U.S. Virgin Islands

n/a