Bermuda fosters a collaborative business environment where government, industry and regulators work together to achieve commercial success.
This culture has created a highly respected financial centre recognised for worldwide standards of compliance, regulation, transparency and infrastructure. With 91 tax treaty partners around the world, Bermuda is rated a first-class domicile by the Organisation for Economic Cooperation and Development (OECD).
LOCATION AND TIMEZONE
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Bermuda is ideally located between the United States and Europe and operates on Atlantic Standard Time (GMT -4).
TAX COMPETITIVE STATUS
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Bermuda is devoid of income, profit or capital gains taxes, defining it as ’tax neutral’.
ROBUST INFRASTRUCTURE
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The island features a world-class physical and technological infrastructure, including international and private airports.
POLITICAL STABILITY
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Bermuda’s government is a stable Westminster-style parliamentary democracy and celebrates its 400th anniversary in 2020.
ENGLISH LEGAL SYSTEM
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Bermuda has a legal system that is more than 400 years old and uses English Common Law.
RELEVANT LEGISLATION
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Bermuda protectively ensures its legislative framework remains relevant, fit for purpose and compliant with international standards.