BM · AmericasGN · Africa
Bermuda vs Guinea: tax rates compared
Guinea's income tax rate is 20pp higher than Bermuda's (20% vs 0%). The 200-country average is 28%: both sit below it. Bermuda's figure is dated 2026-02-19 and Guinea's 2022-01-01, 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
| Tax | BM | GN | Difference |
|---|---|---|---|
| Income Tax | 0% | 20% | GN +20 pp |
| Corporate Tax | 0% | 25% | GN +25 pplargest gap |
| VAT | 0% | 18% | GN +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19 |
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Difference | −20 pp | Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −25 pp | Guinea higher |
Guinea's corporate tax rate is 25pp higher than Bermuda's (25% vs 0%). The 201-country average is 22.6%: Bermuda sits below it, Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | −18 pp | Guinea higher |
Guinea's VAT rate is 18pp higher than Bermuda's (18% vs 0%). The 181-country average is 15%: Bermuda sits below it, Guinea sits above it. Bermuda's figure is dated 2026-02-19 and Guinea's 2023-01-28, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19 |
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Bermuda's wealth tax rate is identical to Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.