Since the 1980’s business in Bermuda has boomed and has become the primary
industry surpassing tourism. Today, Bermuda boasts the largest per capita number of lawyers, accountants and bankers in the world who operate Bermuda’s international insurance, reinsurance and financial empires. Bermuda has also become a leader in e-commerce, further contributing to what is a very sophisticated money-machine. The Bermuda market-place operates in a small community atmosphere making it very enticing for businesses to set up and function with relative ease and speed. The ever-evolving business climate in turn creates other service needs to support these types of businesses and the people they employ.
Bermuda specializes in providing corporate management to the thousands of companies registered here. Full service companies provide accounting, transfer, and corporate administration services. The unique location of Bermuda between Europe and the US, makes it an attractive locale for companies with international sales offices and commission revenue flowing from multiple countries.
Based on British law, Bermuda practices the highest standard of jurist prudence. Law firms specialize in areas dominated in Bermuda, such as e-commerce, insurance, investments, telecommunications, and trusts. Bermuda is recognised as a major offshore business centre with the highest regulatory standards. The local law firms are experts in Bermuda Incorporation, which give offshore Companies the ability to conduct all types of business and tax exemptions allowing greater profitability. The Bermuda Legal Professionals have extensive administration experience to support local and exempt companies. There is also big business in international marine service and intellectual property registries. As a result, local firms attract and develop international talent to fit the bill. Bermuda is a preeminent location for the establishment of trusts, to serve a variety of purposes. In addition to the traditional individual trusts, there are also charitable, special purpose, and dynasty trust arrangements. Local law firms and banks support the expansive trust services. Specifically licensed Trust companies specialize in structuring and administering these trusts.
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Select Sites Group
Select Sites Group is an organization that provides design and implementation of events, activities, tours, transportation and program logistics for meetings, incentive programs and special events. Our company has extensive knowledge of the island of Bermuda and is a full-service organization offering extensive resources and creative solutions. We know you will find us to be an invaluable program partner. |
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Lynda Milligan-Whyte & Associates
A Bermuda-based international firm that specializes in Corporate and Commercial law has extensive insurance and reinsurance legal experience. This business-oriented law firm has been a pioneer in telecommunications, e-commerce and financial services in Bermuda and prides itself in continuing to offer international clients the benefit of its broad experience in corporate finance, corporate re-structuring, company formations and re-domiciliations, corporate liquidations and insurance insolvencies. |
