Bermuda is a hub for international business, which is one of the
top contributors to our economy and a source of jobs to many
residents of the island.
To facilitate the activities of international business, numerous
entities are incorporated or formed in Bermuda each year.
The characteristics and nature of these entities vary; the focus
of this article is on companies governed by the Companies Act 1981,
which are the most prevalent type of entity used by the
international business sector in Bermuda.
Any person or persons in compliance with the provisions of the
Act can incorporate a company in Bermuda. These companies can be
limited by shares, limited by guarantee, or have unlimited
liability.
