Disclosure to authorities required |
| Geographic location: Mid-Atlantic Archipelago |
| Population: 63,000 |
| Native Language: English
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| Currency: Bermuda Dollar |
| Politically: British Dependant Territory |
| Legally: British Common Law and Bermuda Local Legislation. |
| Constitutionally: Oldest self-governing British Dependant Territory |
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Personal income -
residents: nil
non residents: nil |
Trusts income -
resident: nil
non resident: nil |
Estate duties: nil on shares debentures or other company obligations.
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Corporate -
resident: nil
non resident: nil
exempt companies: nil |
Withholding: Investment income derived from abroad may be subject to this tax. |
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Bermuda consists of a group of islands in the Atlantic Ocean off the Carolina coast. It provides a favourable environment in which to conduct business, as it is economically and politically stable. It is a highly respected jurisdiction with tax neutrality and no exchange controls for non-resident undertakings. Along with its thriving tourist industry, Bermuda has established itself within the offshore industry with its modern business laws and its well-developed professional infrastructure.
Types of corporate vehicles available
Exempt Company |
| By virtue of the Companies Act 1981 an Exempt Company enjoys substantial advantages, for example, it is not subject to currency controls or capital controls. The most outstanding characteristic of an Exempt Company is that it is free from all forms of taxation. This exemption may be extended until 2016 and can be reviewed further if necessary. The recent introduction of several amendments to the Companies Act 1981 have simplified the incorporation procedure and has enabled a Bermudan Exempt company to play a significant role within the modern financial centre.
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| Incorporation fees:
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USD 3499.00 |
Registered agent fees:
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USD 0.00 |
Government fees: |
USD 2080.00
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Registered office fees: |
USD 1700.00 |
Total Cost
Of Incorporation |
USD 7279.00 |
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Click here
to view the complete incorporation package
Click here
if you require further information about this Exempt Company
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If you
require more information or wish to form a Limited Liability
Company (LLC), please write to us at orders@incorporateacompany.com
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