WebJan 8, 2024 · A locally incorporated company must be owned by, and its board comprise of, a minimum of 60% Bermudians, unless the company holds a Section 114 (b) licence pursuant to the Companies Act.... WebDec 13, 2024 · Bermuda does not require a minimum amount of capital to incorporate a company. This makes it possible for businesses to quickly and easily set up a Bermuda exempt company without having to invest a significant amount of money upfront. Incorporating a Bermuda exempt company also offers the advantage of flexibility.
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