BM · AmericasNA · Africa
Bermuda vs Namibia: tax rates compared
Between the two, Namibia's income tax rate (37%) tops Bermuda's (0%) by 37pp. The 200-country average is 28%: Bermuda sits below it, Namibia sits above it. Bermuda's figure is dated 2026-02-19 and Namibia's 2025-03-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BM | NA | Difference |
|---|---|---|---|
| Income Tax | 0% | 37% | NA +37 pplargest gap |
| Corporate Tax | 0% | 30% | NA +30 pp |
| VAT | 0% | 15% | NA +15 pp |
| Capital Gains Tax | 0% | 0% | match |
| 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 |
| Namibia | 37% | Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Taxes on personal income) · as of 2025-03-01 |
| Difference | −37 pp | Namibia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Namibia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −30 pp | Namibia higher |
Between the two, Namibia's corporate tax rate (30%) tops Bermuda's (0%) by 30pp. The 201-country average is 22.6%: Bermuda sits below it, Namibia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19 |
| Namibia | 15% | Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Corporate, Other taxes) · as of 2026-07-16 |
| Difference | −15 pp | Namibia higher |
Between the two, Namibia's VAT rate (15%) tops Bermuda's (0%) by 15pp. The 181-country average is 15%: Bermuda sits below it, Namibia matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19 |
| Namibia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Namibia · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Bermuda and Namibia both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Bermuda's figure is dated 2026-02-19 and Namibia's 2025-10-01, 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 |
| Namibia | 0% | Source: PWC Worldwide Tax Summaries — Namibia, Republic of (Individual, Other taxes) · as of 2026-07-16 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Bermuda and Namibia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.