Location
a British Overseas Territory in the North Atlantic Ocean
Economy
One of the offshore financial centres.
Government employment, offshore business and tourism are the largest sectors of Bermuda's economy.
Language
English
Legal System
Common Law
| Bernuda Company | |
| Type | International Business Company (IBC) |
|---|---|
| Name | Name ends with the abbreviation "Ltd, Corp, Inc,". |
| Capital | No Min. requirement.; Stand Capital US$ 12,000 |
| Share | No restriction on the bearer shares issued. |
| Share Index | Yes |
| Registered Agent | Yes |
| Registered Address | Yes |
| Public Disclosure | Yes |
| Min. Shareholder | At least one |
| Min. Director | At least 2 local resident directors and the Corporate diector is not accepted. |
| Disclosure of Shareholder | Yes |
| Disclosure of Director | Yes |
| Trading restriction | May not trade with residents or hold the property. |
| Taxation | None |
| Financial Statement | Yes |
| Tax Returns | Yes |
| Account Filing | Yes |
| Audit Report | Yes |
| Accounting | Yes |
| Incorporation Cost | USD3,500 |
| Annual Fee | USD3,200 |
No tax treaty with other countries.
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