What we can do for you

  • We do all paperwork on forming the company in Bermuda
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Bermuda Company Formation. Bermuda Offshore. Bermuda Exempt Company

Main Characteristics and the basic rules of Company registration in Bermuda

Bermuda Company Formation (IBC) Financial Advantages
Taxation: No taxes
Double Taxation Treaty Access: No Treaty Access
Bermuda Tax Information Exchange Agreements Yes, TIEAs signed by Bermuda
Account Filing Requirements: Yes, accounting / reporting required
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.
Bermuda Company Formation Registration Requirements
Share Capital: US$12,000
Classes of Share Available for Bermuda company formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Minimum paid up share capital: US$1
Bearer Shares: Not Allowed
Registered Office Required: Yes, required and must be maintained in Bermuda
Registered agent: Yes, required
Shareholders: Minimum number is one
Directors: Minimum number is two. Need always have sufficient Bermudian resident directors, can also appoint non-Bermudian directors. Corporate directors are not allowed.
Company Seal: Not required
Your Company language: English
Name of your Company must be ended: “Limited or Ltd”
Documents required for Bermuda company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Bermuda Company Formation (IBC) Restrictions
For Bermuda company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: None
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Bermuda Company Formation Confidentiality and Security
Publicly Accessible Records: There are no public registers exist of company officers (Directors, Shareholders, Secretary)
Possibility to use Nominee Shareholders and Nominee Directors for Bermuda Company Formation: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: NO, The names or identities of beneficial owner do not appear in any public records.
Meetings of Directors and Shareholders to be held: You can hold Meetings of Directors and Shareholders of Bermuda Exempt Company anywhere.
What is the stability to register Bermuda Company (IBC) Stable jurisdiction and highly sustained reputation

Bermuda Company Formation – Benefits

  • Provide privacy protection, without disclosing shareholders and directors
  • No tax shall be declarable and payable
  • No double taxation treaties with other countries
  • Company is granted listing in Hong Kong Stock Exchange
  • Unlimited duration — the duration of a company is not dependant on the life of a particular individual.
  • Transferability of shares — can be sold, transferred or given away and
  • Ability to raise investment capital — much easier to attract new investors into a company. Shares can be transferred directly to new investors.

About Bermuda Bermuda Company Formation
Capital city: Hamilton
Region: British Overseas Territory in the North Atlantic Ocean, located off the east coast of North America. Its nearest landmass is Cape Hatteras, North Carolina, United States, about 1,070 km (665 mi) to the west-northwest
Political System: Bermuda is a parliamentary representative democratic dependency. The premier is the head of government, and there is a multi-party system. Bermuda is the oldest self-governing British Overseas Territory and has a great degree of internal autonomy.
Government: Constitutional Monarchy
Governing corporate legislation: Companies Act 1981
Type of Law: English common law
Type of company: Bermuda Exempt Company.
Currency: Bermudian Dollar (BMD)
Exchange Control: None.
Language of Legislation and Corporate Documents: English.
Time Zone: GMT-3

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.