BM · Americas ↔ CY · Europe

Bermuda vs Cyprus: tax rates compared

Cyprus's corporate tax rate is 12.5pp higher than Bermuda's (12.5% vs 0%). The 201-country average is 22.6%: both sit below it.

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

Corporate Tax

0102030405060World avg 22.6%BM 0%CY 12.5%
Corporate Tax, side by side
CountryRateSource
Bermuda0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Cyprus12.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12.5 ppCyprus higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BM 0%CY 0%
Wealth Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19
Cyprus0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18
Difference0 ppdisplayed rates match

Bermuda's wealth tax rate is identical to Cyprus's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.