How vat / sales tax works in Bermuda
Bermuda has no value-added or sales tax, so domestic supplies carry no output tax, no credits, and no returns.
Revenue runs through customs duties on imports, payroll tax on employment, stamp duties on property and shares, and the 2025 corporate income tax for large multinational groups.
Businesses price tax-exclusive across the chain, while imports face duty assessment at the border.
Tax rates at a glance
- VAT / GST
- 0% (none)
- Customs duty
- Up to 25%
- Payroll tax
- Up to 10.5%
- Stamp duty
- Varies
- Large-group CIT
- 15%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
E-commerce sellersFoundersFund managersExpatsCross-border traders
Watch out for
- Zero VAT coexists with payroll tax up to 10.5%, so employment-heavy operations face material tax despite no consumption levy.
- The 2025 corporate income tax pulls large groups into 15% scope, ending blanket zero-corporate assumptions.
- Importing from Bermuda into VAT jurisdictions flips the picture instantly, with destination VAT and duty at the border.
- Stamp duties on property and share transfers shape transaction pricing that VAT analysis misses.
Frequently asked questions
Does Bermuda have VAT?
No. Bermuda levies no VAT in 2026, so the headline is 0% with no registration or filing. Customs duties and payroll tax apply instead.
What taxes does Bermuda charge?
Customs duties, payroll tax, stamp duties, and corporate income tax for large groups under the 2025 Act. No personal income, capital, or consumption tax.
Do I charge VAT selling from Bermuda to Europe?
Bermuda-side, no. But destination VAT and customs rules apply on arrival, so EU B2C sellers still need OSS or local planning.