1. Why Bermuda?
Bermuda is home to a diverse group of industries including asset
managers, (re)insurers, captive managers, lawyers, accountants,
brokers, and partnerships. It is a leading financial centre,
recognised as a preferred domicile by many international
businesses. Bermuda is highly regarded for its standards of
regulation, compliance and infrastructure. The Bermuda Monetary
Authority has a first class reputation, is accessible and
responsive and is willing to innovate. Bermuda is on the OECD
"White List" demonstrating its commitment to upholding
the OECD and G20 group's international tax standards.
As a British Overseas Territory, Bermuda's legal system is
based on the common law of England and Wales. The court system is
very proficient and responsive. Bermuda's currency is fixed to
the US dollar at a one-to-one ratio and both currencies circulate
in the jurisdiction equally.