Business in Bermuda

Bermuda’s pint-size parameters can deceive the uninitiated. It almost defies belief that an Atlantic jurisdiction of just 21 square miles could rank amongst the globe’s top two reinsurance hubs, or support a half million jobs worldwide. Yet the island’s diminutive physical scale belies its substantial economic impact — one that is only increasing amid an evolving regulatory landscape and rapid globalisation.

Innovation and collaboration are key to Bermuda’s corporate success, and agile teamwork between Bermuda’s industry, government and regulator underscores Bermuda’s status as a top-tier international financial centre. The island’s gross domestic product is on the rise along with jobs growth, and the jurisdiction is witnessing new investment and company incorporations across all sectors.

This oldest of British Overseas Territories has long leveraged a combination of unique elements to punch above its weight economically. Bermuda’s location 650 miles off the U.S. east coast positions the island conveniently between North American and European markets, with direct daily flights to key cities. Its regulatory structure is robust and pragmatic.

A Tax-Neutral System

Bermuda’s unique tax-neutral system, designed more than a century ago to support its own infrastructure, does not differentiate between foreign and local enterprises. And unlike many other offshore jurisdictions, it does not qualify as a “tax haven” under official definitions. Instead, Bermuda’s many tax-transparency treaties, beneficial-ownership register, and brand-name bricks-and-mortar companies underscore its blue-chip status as a place to do genuine business. Tax relief is not the primary reason for Bermuda’s attraction to most global companies, however; rather, the island’s world-respected regulation, its compliance with anti-money laundering and anti-terrorism financing standards, its one-stop-shop appeal and the speed to market it offers are the key drivers.

Bermuda’s infrastructure is advanced, including excellent telecommunications and a fully electronic stock exchange. A full member of the World Federation of Exchanges and affiliate member of the International Organization of Securities Commissions (IOSCO), the Bermuda Stock Exchange (BSX) is recognised for commercially sensible listing requirements. It represents a leading market for the listing of investment funds, debt- and insurance-related securities, and those of small to medium enterprise firms.

There’s so much to explore in Bermuda. Want to experience it all as the locals do? Here are our picks for the best places to do business.

CCS Group Limited

CCS is an established information technology and communications company that has been providing high-quality technical services to Bermuda, the...

Bermuda - Stock Exchange

Bermuda Stock Exchange (BSX)

Established in 1971, the Bermuda Stock Exchange (BSX) is now the world’s leading fully electronic offshore securities market, with...

KPMG

KPMG in Bermuda has over 200 professionals delivering audit, tax and advisory services to Bermuda’s Financial Services firms, Government...

Orange Bay Company

Orange Bay Company is Bermuda’s favourite consignment shop for setting up house in Bermuda and for good reason. The...

Bermuda Business Development Agency (BDA)

The BDA encourages direct investment and helps companies start up, re-locate or expand their operations in our premier jurisdiction....

John Barritt & Son Ltd

John Barritt & Son Ltd is a distributor of soft drinks in Bermuda that has been family owned and...

Coldwell Banker Bermuda Realty

Coldwell Banker Bermuda Realty is a trade name of Bermuda Realty Company Limited, serving Bermuda’s real estate needs for...

Keller Williams Bermuda

Keller Williams Bermuda should be your first choice when considering buying or renting Bermuda residential or commercial property. Formed...

OBMI International

OBMI is a global master planning, architecture and design firm with an experienced team of professionals who are passionate...

Washington Properties (Bermuda) Limited

The perfect location from which to conduct business can be found in the “Heart of Hamilton.” Washington Properties, located...

Rego Sotheby’s International Realty

Rego Sotheby’s International Realty, Bermuda’s oldest real estate company, was founded in 1949 and has grown into Bermuda’s premier...

Bermuda - The Property Group

The Property Group Ltd.

The Property Group Ltd. is the finest of Bermuda’s real estate companies. They represent the most desirable properties available...

One Communications

One Communications is the recently rebranded combination of Bermuda’s premier mobile, TV and internet service providers offers all of...

Department of ICT Policy and Innovation — Ministry of National Security

Digital and economic progress go hand in hand. The Department of ICT Policy and Innovation focuses on promoting the...

Bermuda - Wedco

West End Development Corporation (WEDCO)

West End Development Corporation (WEDCO) was established to assist in the commercial and residential development of the West End, inclusive of...

Bermuda - Electronic Services

Electronic Services Limited

Electronic Services Limited is an audiovisual company with more than 30 years of experience. The firm provides technical support...

Cranfields Property Bermuda LTD.

Cranfields Property is an independent Bermudian real estate company which provides a tailored suite of services to suit their...

Bermuda - Monitary Authority

Bermuda Monetary Authority

The Bermuda Monetary Authority is the regulator of Bermuda’s financial services industry. Established by statute in 1969, the authority...

Bermuda - Philatelic Bureau

Bermuda Philatelic Bureau

Other philatelic agencies and bureaus function as separate businesses apart from local postal services, whereas the Bermuda Philatelic Bureau...

Bermuda - Elbow Beach Cycles

Elbow Beach Cycles

Why follow the crowd when you can discover Bermuda’s hidden coves and dazzling pink-sand beaches for yourself? And in...

Travel Places

As the Official Accommodation Supplier of the 35th America’s Cup, Travel Places offers a range of Official Spectator Packages....

Demco

Making every day a special occasion. Demco provides flower creations, planning services and party supplies to make every event...

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Elbow Beach Cycles LTD
Fourways
Bermuda Craft Market
Fourways