Bermuda is a self-governing archipelago, dependent on the United Kingdom, located in the Western part of the Atlantic Ocean, in the vicinity of North Carolina to the east of Cape Hatteras. The archipelago is comprised of approximately 150 small islands, islets and rocks, of which only about 20 are inhabited. Bermuda has developed as a successful offshore financial center, although tourism continues to be an important source of income there; each year more than 400 thousand people visit the country, above all from the United States. There are no income taxes in the Bermudas, nor are there taxes on capital gain, sales or assets. Annual governmental fees are placed on businesses and there is a payroll tax. Local businesses must be controlled by citizens of Bermudan; however, offshore operations are carried out through tax-exempt or non-profit companies.
Offshore Banks of Bermuda
Monetary Authority of Bermuda
Telephone: + (441) 295 5278
For individuals, small businesses, corporates, trusts and estates, we can offer the best financial services, products and advice in Bermuda. Backed by the financial strength and global reach of HSBC Group, we are the world’s local bank. Why we’re best f ...
Clarien claims deep roots in Bermuda. Our family ties stretch back to the first decade of island colonisation in the seventeenth century. During the past one hundred years, our founding family distinguished itself in business and public service while grow ...
The Bank was formed by an Act of Parliament in February, 1969 under the name of The Provident People's Bank Limited. In 1984, the name was changed to Bermuda Commercial Bank Limited. In the early 1990's, the Bank established a new niche market focus, pro ...
The Butterfield Group is specialized in international financial services. Its main headquarters are in Bermuda, where it was established in 1858, and was the first bank in this Caribbean country. The Butterfield Group offers a wide range of banking servi ...
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