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.
Chambers – Corporate & Finance (ASW Ranked Band 2, Neil Horner Ranked Band 1)
What the team is known for Highly rated corporate group renowned for its proficiency in transactions related to insurance and reinsurance. Ably represents multinational investment funds, insurance corporations and clients in the financial services sector. Enjoys longstanding recognition for its