Bermuda
BMBermuda legislates its own taxes, which centre on payroll tax, land tax and a 15% corporate income tax for large multinational groups. The sources reviewed describe no VAT, GST or e-invoicing regime.
Guide reviewed .
Invoicing and electronic documents
Office of the Tax Commissioner
Administers Bermuda’s domestic taxes and duties, including payroll tax, land tax, corporate services tax, financial services tax, stamp duties and several tourism taxes. Its list includes no VAT, GST or general sales tax.
Tax returns and bills; no invoice format prescribed · Official source: Government of Bermuda · Office of the Tax Commissioner
Electronic Tax System
The online channel for payroll tax. Exempted companies and companies with annual remuneration above $200,000 must file payroll tax online. It handles tax filing, not invoices.
Online payroll tax returns · Official source: Government of Bermuda · payroll tax
Government supplier payments
Suppliers send invoices or payment requests to the buying department, which passes them to the Accountant General’s office for payment by cheque, wire or electronic transfer.
No electronic invoice format stated · Official source: Government of Bermuda · receiving payments from the government
Bermuda legislates its own taxes, and the government sources reviewed describe no e-invoicing obligation and no VAT-style invoice rules. For government work, follow the buying department’s instructions and put your banking details on the invoice, as the payment guidance asks.
Peppol can still be used by agreement with a trading partner. Large groups should keep corporate income tax compliance separate from invoicing: the Corporate Income Tax Act 2023 adds a tax return, not an invoice format.
Legal guide
B2G · invoices to the Government of Bermuda
No e-invoicing obligation found in the sources reviewedGovernment guidance tells suppliers to submit invoices to the applicable department and to include banking details on the invoice for electronic payment. It does not prescribe a structured format or network. The department sets the payment terms.
Official source: Government of Bermuda · receiving payments from the governmentB2B · business invoices
No e-invoicing obligation found in the sources reviewedThe taxes administered by the Office of the Tax Commissioner do not include a VAT or GST, so there is no tax-invoice regime of that kind in the sources reviewed. Individuals do not pay personal income tax; employers pay payroll tax.
Official source: Government of Bermuda · types of taxes in BermudaCorporate income tax
In force for fiscal years from 1 January 2025The Corporate Income Tax Act 2023 charges 15% on the net taxable income of Bermuda constituent entity groups in multinational groups with annual revenue of EUR 750 million or more in at least two of the four preceding fiscal years. It is a profit tax with its own return, not an invoicing requirement.
Official source: Bermuda Laws · Corporate Income Tax Act 2023 (2023 · 35)
Timeline
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Corporate Income Tax Act 2023 assented
Some sections took effect on 1 January 2024; the charging provisions took effect on 1 January 2025.
Official source: Bermuda Laws · Corporate Income Tax Act 2023 (2023 · 35) -
Corporate income tax applies
In-scope groups are taxed for fiscal years beginning on or after this date and file a Bermuda CIT return.
Official source: Government of Bermuda · introduction of corporate income tax administrative provisions
Peppol in Bermuda
- Directory participants
- Not recorded
- Document families
- Not recorded
Peppol Authority: OpenPeppol.
Peppol Directory data as of .
How to read these numbersDocuments on Peppol
No document-support data has been published for this country.
Registrations over time
No registration history has been published for this country.
Registration dates in the current Directory snapshot.
Participants
No participants are recorded for this country in the Directory snapshot. This does not establish absence from Peppol.