A key step in the process is obtaining approval from the BMA, which assesses the company’s ownership structure, business activities, and compliance with anti-money laundering regulations. Once approved, the company must register with the Registrar of Companies, file the Memorandum of Association, and pay the requisite government fees. Annual requirements include filing financial statements and paying annual government fees. While Bermuda offers significant tax advantages, such as no income, corporate, or capital gains tax, companies must maintain proper records and adhere to local compliance standards.Statistics: Posted by Rohitsingh — Wed Jun 11, 2025 10:55 am
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