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Bermuda: Domestic Corporate Taxation

Filing Requirements and Payment of Tax

This page was last updated on 15 August 2019.

An employer must register with the tax commissioner's office as soon as he becomes liable to pay tax. There is a quarterly return which must be accompanied by payment. The payment process must be completed by the 15th day of the month following the quarter in question, that is, on 15th January, April, July and October.

As from the second quarter of 2019, exempted companies and all taxpayers with annual payrolls of BM$500,000 or greater must file their taxes electronically. Penalties will be charge for those failing to comply. Taxpayers with payrolls lower than the above sum are simply encouraged to use e-filing.



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