Bermuda

Corporate - Tax credits and incentives

Last reviewed - 31 January 2025

Historically, Bermuda has offered limited / no specific tax incentives other than the Tax Assurance Certificate described in the Taxes on corporate income section.

However, Bermuda has enacted a CIT that is effective in 2025, which provides specific guidelines for tax credits and incentives applicable to in-scope Bermuda businesses subject to the CIT.

As part of the new CIT regime, the government of Bermuda intends to introduce certain tax credits to support Bermuda's economic goals.