Known as being one of the world's premier offshore financial centres, Bermuda has a long established reputation for stability and security. Its financial services industry began in the late 1940s and has flourished ever since.

 

Situated in the North Atlantic between the United States and Europe, approximately 750 miles southeast of New York, Bermuda is a 22 square mile British Overseas Territory with a population of roughly 62,000 and a literacy rate of 99%. It has the oldest parliamentary system in the Commonwealth and its legal system is based on the English model.

 

Although Bermuda has an effective consumption-based tax system, there is no income tax, capital gains tax or corporate taxation in Bermuda affecting non-residents.

 

With a supportive regulatory environment and a sophisticated financial infrastructure, Bermuda has standards comparable to

those of the United States and the United Kingdom. All financial institutions in Bermuda are supervised and regulated by an independent body - the Bermuda Monetary Authority.

 

Equity Trust in Bermuda provides comprehensive company administration services for a full range of activities, starting at incorporation.