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Good to know
About Bermuda
Bermuda offers a diversified and stable economy spanning several key sectors, a unique geographical location, and strong trade ties with developed markets.
View Complete InformationBermuda Tax Brief
- General CIT Rate
- 15% (if subject to Bermuda CIT) or 0%.
- CIT Return Due Date
- If subject to Bermuda CIT, tax returns are proposed to be due by the 15th day of the 10th month following the fiscal year-end.
- CIT Payment Due Date
- Upon filing the CIT return (if applicable), a 'true-up' payment considering previous estimated payments must be made no later than the due date of the return, regardless of when the return is filed.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 0
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 0
- General VAT Rate
- 0
- General Capital Gain Tax Rate
- There is no VAT or sales tax in Bermuda.
- Composite Effective Average Tax Rate
- 0
- Composite Effective Marginal Tax Rate
- 0

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