If properly structured, a Bermuda Exempt Company (BEC) can house international profits while legally minimizing international taxation;
100% foreign ownership is permitted for companies that do not conduct any local business. A minimum of one shareholder is required, and corporate shareholders are permitted;
Unlike many offshore jurisdictions, Bermuda has the positive factor of being an international financial and banking center with oversight from the UK as a British Overseas Territory, and has one of the world's highest per capita incomes
There is a minimum issued capital requirement of just US$1 when incorporating in Bermuda
After registering a company in Bermuda, an exempt company is not required to submit annual tax returns or audited financial statements.
We provide full legal support in Bermuda, the most popular services that our clients commonly use are:
Bermuda company formation
Local registered office address
Local registered agent
Bank account opening
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