Bermuda Captives Podcast

Whilst both will give rise to a finding that a trust is invalid, sham trusts and illusory trusts are two very different beasts, as noted by the New Zealand Supreme Court:

Global M&A activity surged to a five-year high in the first half of 2026 while IPO markets remained highly selective, with Bermuda companies demonstrating continued strength through strategic redomiciliations, major acquisitions, and sustained capital markets activity across shipping, financial services, and energy sectors.

A key feature of both a segregated accounts company (SAC) and an incorporated segregated accounts company (ISAC) is that the assets of each individual segregated account, or cell, will not ...

In relation to the Economic Substance Act 2018 (the "Act") and the related Guidance Notes issued by the Minister of Finance on 24 December 2019 (the "Guidance Notes")

This edition of the Bermuda Public Companies Update summarises significant transactions involving Bermuda companies listed on the New York Stock Exchange and Nasdaq during the first half of 2023.

The Incorporated Segregated Accounts Companies Act 2019 (ISAC Act) was tabled in Bermuda's House of Assembly on 27 September 2019. The ISAC Act allows for the creation of segregated accounts, or cells, with separate legal status.

M&A activity in India and ASEAN countries accelerated from Q3 2025 into early 2026, driven by domestic consolidation, financial services, energy transition and technology sectors. Deal volumes remained high with a deep mid-market pipeline, while private equity dominated as the primary buyer class, increasingly seeking majority stakes as sellers accepted lower valuations than peak market periods.

Today 'soft touch' provisional liquidation is one of the most commonly deployed tools for facilitating a restructuring of offshore incorporated companies listed in Hong Kong and Singapore.

All Relevant Legal Institutions must be in compliance with the Cyber Risk Code by 15 February 2023.

We are pleased to present the latest edition of our Bermuda Public Companies Update which features a recap of significant transactions involving Bermuda public companies listed on the NYSE...

China has introduced a comprehensive Individual Income Tax regime for offshore trusts, imposing a 20% flat tax on settlors and beneficiaries with Chinese connections. With a 90-day transition window now in effect, affected individuals must urgently assess their disclosure obligations and consider whether existing trust structures remain viable under the new rules.

Islamic finance is experiencing rapid global expansion, with assets approaching US$6tn and record sukuk issuance attracting non-traditional investors. The convergence of Shariah-compliant and sustainable investing is creating new opportunities, while AAOIFI Standard No. 62 and tokenisation developments are reshaping how Islamic finance structures are designed and implemented across international markets.

Important changes have been made to the BVI Business Companies Act, Revised Edition 2020 (the "Companies Act").

The Cayman Islands Department for International Tax Cooperation has made the following announcements regarding the AEOI regimes.

The decision as to where to establish an offshore trust can only be made based on the specific requirements of the client.

Singaporean asset managers are increasingly making use of Jersey structures for the establishment of funds dealing with crypto-currency assets, to take advantage of a Double Taxation Agreement ("DTA")...

Further to our recent update, the DITC has issued an updated CRS Entity Self-Certification Form and Individual Self-Certification Form to reflect the recent amendments to the CRS as implemented in the Cayman Islands.

A recent change to the Immigration Law has resulted in a significant increase in the qualifying sums for persons seeking to make an application to the Cayman Islands Government for permanent residence by independent means.

Bermuda's House of Assembly has introduced the Corporate Income Tax Amendment Act 2026, bringing significant updates to the island's corporate income tax regime. The amendments provide enhanced flexibility for filing entities, refine penalty structures, and clarify administrative mechanisms for the Corporate Income Tax Agency. These changes aim to streamline tax return filing processes and improve operational oversight for Bermuda Constituent Entities and multinational enterprise groups operating under the

What are the main authorities responsible for enforcing taxes on finance transactions in your jurisdiction?