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Bermuda milan官方网站
Bermuda milan官方网站

Bermuda earned a reputation as a world-class centre of commerce. The legal system in Bermuda is similar to that used in America and is protected under a United States defence umbrella.

Furthermore it is attractive to Hong Kong citizens seeking a tax haven in which to establish an offshore milan官方网站, as the Bermuda Exempted Companies have been approved by the Hong Kong stock exchange for listing purposes.

Standard requirement for “Bermuda” Exempted milan官方网站

Proposed milan官方网站 name English
Standard authorised share capital US$12,000
Minimum share capital US$1
Minimum shareholder 1 Natural person or legal entity
Minimum director 1 Natural person or legal entity
milan官方网站 Secretary Compulsory and meet requirement (a)
Bearer shares Prohibited

Remark:

  1. The Directors must appoint a Secretary, which may be a milan官方网站, provided that if the Secretary is a director it must be an individual.

An exempt milan官方网站 may apply to the Minister of Finance for a certificate exempting it from future profits taxation, should there be any, for a period ending not later than the 28th March, 2016.

Advantage of Bermuda Exempted milan官方网站

  • Political and economic stability
  • English legal system
  • Internationally recognized reputation and respectability.
  • No tax on incomes
  • No VAT tax, capital gain tax or withholding tax
  • Security of assets and free to transfer and merge assets
  • Protection of wealth benefits, inheritance wishes and trust interests