30-07-2025, 02:11 AM
Registering a company in Bermuda involves a straightforward process governed by the Bermuda Companies Act. To begin, you must first choose the type of company you wish to register, typically a local or exempted company. Exempted companies are commonly used for international business.
The initial step is to select a unique company name and submit a name reservation request to the Bermuda Registrar of Companies. Once the name is approved, you need to prepare the Memorandum of Association and Bye-laws, which outline the company’s structure, objectives, and governance rules.
Next, submit the incorporation documents to the Registrar. This includes the signed Memorandum of Association, details of the directors and shareholders, the registered office address in Bermuda, and the prescribed registration fee. You must also appoint a local company secretary or a registered agent, as Bermuda requires companies to have a physical presence on the island.
After filing, the Registrar reviews the documents, and upon approval, issues a Certificate of Incorporation. This certificate confirms the company’s legal existence in Bermuda. Finally, the company should comply with ongoing regulatory requirements, such as maintaining a registered office and filing annual returns.
Following these steps ensures smooth company registration in Bermuda and legal operation within the jurisdiction.
The initial step is to select a unique company name and submit a name reservation request to the Bermuda Registrar of Companies. Once the name is approved, you need to prepare the Memorandum of Association and Bye-laws, which outline the company’s structure, objectives, and governance rules.
Next, submit the incorporation documents to the Registrar. This includes the signed Memorandum of Association, details of the directors and shareholders, the registered office address in Bermuda, and the prescribed registration fee. You must also appoint a local company secretary or a registered agent, as Bermuda requires companies to have a physical presence on the island.
After filing, the Registrar reviews the documents, and upon approval, issues a Certificate of Incorporation. This certificate confirms the company’s legal existence in Bermuda. Finally, the company should comply with ongoing regulatory requirements, such as maintaining a registered office and filing annual returns.
Following these steps ensures smooth company registration in Bermuda and legal operation within the jurisdiction.