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BermudaPresentations2003

BermudaPresentations2003 - ReasonstoInvest TheLocation...

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International Business
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Reasons to Invest The Location The Tax System  Corporations Save Big
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Reasons to Invest Neutral Country Growing Economy Tourism 
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Doing Business in Bermuda Majority of Fortune 500 Top three premier insurance jurisdictions 11 of the top 35 global reinsurance companies Home to the BSX
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How to do Business in Bermuda Incorporation Process Company name must be reserved with the  Registrar of Companies Submitted to the Bermuda Monetary Authority: Application for registration Proposed Memorandum of association Non-refundable fee Process typically takes 24-48 hours, except when  consent from the Minister of Finance is required
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Incorporation Process Cont’d. Signatories of the Memorandum act as the Board of  Directors until one can be elected Allot share capital Assemble the first annual general meeting of  shareholders Confirm bye-laws Elect members of the board
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