Regulation of Exempted Companies in Bermuda

Synopsis: An exempted company (“exempted company”) is a company, which is “exempted” from the requirements imposed on local companies by the Bermuda Companies Act 1981 (the “Companies Act”), in particular the requirement that at least 60% of the equity of a company must be owned and controlled by Bermudians. ¬†This allows for an exempted company to be 100% foregin (i.e. non-Bermudian) owned and controlled.

Incorporation_of_an_Exempted_Company_in_Bermuda
Title: Incorporation_of_an_Exempted_Company_in_Bermuda (2903 clicks)
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