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Andorra vs Bermuda: tax rates compared

Andorra's income tax rate is 10pp higher than Bermuda's (10% vs 0%). The 200-country average is 28%: both sit below it. Andorra's figure is dated 2023-01-19 and Bermuda's 2026-02-19, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%10%Corporate0%10%VAT0%4.5%Capital Gains0%
four shared taxes, side by side
Tax AD BMDifference
Income Tax10%0%AD +10 pplargest gap
Corporate Tax10%0%AD +10 pp
VAT4.5%0%AD +4.5 pp
Capital Gains Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Andorra10%Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19
Difference+10 ppAndorra higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Andorra10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Bermuda0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppAndorra higher

Andorra's corporate tax rate is 10pp higher than Bermuda's (10% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Andorra4.5%Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19
Difference+4.5 ppAndorra higher

Andorra's VAT rate is 4.5pp higher than Bermuda's (4.5% vs 0%). The 181-country average is 15%: both sit below it. Andorra's figure is dated 2014-07-30 and Bermuda's 2026-02-19, so the two rates come from different data vintages.

Capital Gains Tax

Andorra's capital gains tax rate is identical to Bermuda's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Andorra's figure is dated 2023-01-19 and Bermuda's 2026-02-19, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.