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ARTICLE · 12 MARCH 2025

E-Commerce And Electronic Transactions In Bermuda

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Bermuda is an Overseas Territory of Great Britain situate 917 km due east off the North Carolina coast in the Western Atlantic Ocean.

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  1. ABOUT BERMUDA

Bermuda is an Overseas Territory of Great Britain situate 917 km due east off the North Carolina coast in the Western Atlantic Ocean. Its constitution provides for democratic self-Government. The legal system is common law and its currency, the Bermuda Dollar, is pegged to the US Dollar. Modern company, trust, banking, insurance and other related laws have made Bermuda a leading offshore financial centre. The Bermuda government's attitude towards and open communication with the private sector encourages the promotion and maintenance of Bermuda's offshore business. The Island enjoys a sophisticated telecommunications system, an abundance of professional service providers, as well as economic and political stability.

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