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ARTICLE · 15 FEBRUARY 2017

A Safe Harbour

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Appleby

Appleby is a leading offshore law firm. The team of legal specialists advise global public and...

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Bermuda - with its long history of not only providing first class financial and professional services but doing so within a 'gold standard' regulatory framework...

BermudaWealth Management

Bermuda - with its long history of not only providing first class financial and professional services but doing so within a 'gold standard' regulatory framework - is one of the world's leading financial centres.

Bermuda offers a well-developed legal framework that allows for the seamless incorporation/formation of Bermuda vehicles and subsequent or contemporaneous creation of group structures. The flexibility of Bermuda's law, including with respect to its company statute and partnership legislation, means that service providers are able to work with clients to reach their commercial objectives. 

Bermuda is an income tax neutral financial centre, meaning that structures domiciled there are not the subject of direct taxation of profits or capital gains in the jurisdiction. This avoids adding a layer of complexity to international structures. However, it should be remembered that there may be taxes in the jurisdictions where shareholders or investors are located and

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