Bermuda Offshore Companies


Offshore Bermuda. Bermuda Offshore Companies

KGN specializes in Bermuda Offshore Companies and opening bank accounts.

Bermuda Offshore Companies – Overview

Main company legislation

Companies Act 1981 as amended.

Type of law


Legislative language and corporate documents


Entity type for international trade, investment and tax planning

Bermuda exempt company.

Bermuda Exempt Company – Key Facts

Share capital

Standard authorized share capital is US$12,000. Minimum paid-up share capital is US$1.

Available share classes

registered shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer shares

Not allowed.

Restrictions on trade

A Bermuda offshore company cannot trade within Bermuda. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.

Registered agent required

Every Bermuda Offshore Company must have a Licensed Registered Agent in Bermuda.

Registered domicile required

Every Bermuda Offshore Company must have a registered office in Bermuda, provided by a licensed registered agent.


A Bermuda company requires at least one director. There shall at all times be sufficient residents of Bermuda to form a quorum in Bermuda. Non-Bermuda directors may be appointed. Company directors are not permitted.


A Bermuda company requires at least one shareholder.

Publicly available records


Nominee shareholders and nominee directors


Location of board and shareholder meetings


Personal presence required




Access to double taxation


Requirements for registration of accounts


Requirement to submit an annual statement


Revision requirements


Exchange control


The language of the name


Limited Words

Words like “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company”, etc. will require justification.

Name of a company

The words “Limited” or “Ltd” must form part of the name of all Bermuda companies.

Time to incorporate

Two to three weeks.

Why choose KGN?

We have been helping business owners since 1996

Our focus is to incorporate your business

We make a complex process quick and easy

We work closely with the company registers to guarantee our service

Fastest offshore companies and accounts – The most competitive rates worldwide

Services related to Offshore Bermuda

KGN provides the following services related to Offshore Bermuda:

Bermuda Company Formation

Registered office and agent services in Bermuda

New Zealand Company Secretarial Services

Nominated shareholder / nominated director

Opening bank accounts

Full Bermuda Company Administration Services

Postal address in Bermuda

Trademark registration

Registration of yacht

Bermuda – General information

Location: North America, group of islands in the North Atlantic Ocean, east of South Carolina (USA).

Area: total: 54 km2, land: 54 km2, water: 0 km2. …

Natural resources: Limestone, pleasant climate fostering tourism.
Population: 370,864 (July 2017 est.).

Capital: Hamilton.

Time zone: UTC-4.

Languages: English (official), Portuguese.

Dependency Status: British Overseas Territory.

Government Type: Parliamentary Democracy (Parliament); self-governing overseas territory of Great Britain.

Legal system : English common law.

International organization participation : Caricom (associate), ICC (NGOs), Interpol (sub-agency), IOC, ITUC (NGOs), UPU, WCO.

Economy : International business, which primarily consists of insurance and other financial services, is the real basis of Bermuda’s economy, consistently accounting for about 85% of the island’s GDP. Tourism is the country’s second largest industry, accounting for about 5% of Bermuda’s GDP, but a much larger share of employment. Even the financial sector has lost around 5,000 high-paying foreign jobs since 2008, which has weighed on household consumption and retail sales. Bermuda has to import almost everything and the government continues to work to attract foreign investment. Yet Bermuda enjoys one of the highest per capita incomes. population in the world.

Currency: Bermudian dollar (BMD).

KGN | Bermuda Company Registration | Bermuda Incorporation | Bermuda company registration

Tags: Bermuda Company | Bermuda Company Formation | Bermuda Company Registration | Bermuda Incorporation

Requirement to submit an annual statement

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