bermuda

Vacation to the land of promising booty engulfed within the fine grains of pink sand beaches and striking crystal blue waters and discover the splendor behind the untold prospects awaiting to surprise you in Bermuda. island is constituted with strings of island connected together through causeways and bridges. As you holiday in the Bermuda Island, rent a pleasure craft or a fishing boat where tourist may amuse themselves by being a part to the game fish which is quite popular in the region. Be it sailing in calm waters of Paget and Warwick or exploring the world of dolphins, taking a Wildcat adventure ride or strolling along the stretch lands of silent shorelines that are covered with coral reefs, this place has enough to offer. One can be a sport to the outdoor adventures like windsurfing, parasailing and water skiing that are safe to bet on.

location of bermuda

Bermuda is nestled in North Atlantic Ocean lying to the east-southeast of Cape Hatteras adjacent to the Outer Banks of North Carolina , roughly towards the southeast of Martha's Vineyard off the caost of United States.

Bermuda Offshore IBC

Having pioneered offshore business, Bermuda is home to more than 59,500 international companies and partnerships, an insurance and re-insurance industry with total assets in excess of $500 billion, an investment fund industry of over 15,000 funds with assets in excess of $130 billion and the world's premiere offshore stock exchange with a market capitalization in excess of $260 billion. Over 85 of the Fortune 100 companies have operations in Bermuda. Isn't it time your business was here?

Bermuda is the world's leading offshore financial center. The Island has been a British Colony since 1609 and remains today the oldest self governing British Dependant Territory. The legal system is based on British Common Law and the Island can boast centuries of political, social and economic stability, with a long tradition of Parliamentary rule.

Bermuda offers a wealth of sophisticated corporate management services, local management consultants, and management services companies, as well as trust companies and brokerage firms.

Both the Bermuda Dollar and the U.S. Dollar, which are trade at par with each other, are regularly accepted as currency. Banks will set up accounts in either currency.

Bermuda , situated in the Atlantic ocean, is a self-governing British colony and its large, respected financial center has been in operation for more than 20 years.

Income per head is among the highest in the world on Bermuda . Service charges are also generally higher than those in other offshore centers. Bermuda has no estate duties, income tax or capital gains tax, and no double taxation treaties of any kind.

Bermuda is widely recognized as an excellent location in which to establish trusts, with "purpose" trusts being available as well as those favoring beneficiaries. Settlers can choose law governing the trust and the details do not have to be disclosed or registered with any public body.

Taxation

Bermuda currently has no corporate or income tax. Exempt Bermuda companies receive a certification of tax exemption and a Government assurance under the Exempt Undertakings Tax Protection Act 1966, confirming that in the event of Bermuda introducing a taxation system, exempt companies will be further exempted tax for a period not later than March 2016.