Bermuda

Bermuda

Bermuda

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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