Why should multinational corporations register a company in Bermuda?

Bermuda's insurance industry is quite developed, accounting for about 1 3 of the world's accident insurance reinsurance;The company registration industry has a strong development momentum, most of which are insurance companies, followed by trading companies, shipping groups, and individual investment companies. Together with the Cayman Islands and the BVI Islands, it is known as one of the three offshore tax havens. Bermuda is the world's fifth-largest ship registry.

It is a tax-free paradise where exempted companies do not have to pay tax, they only need to keep information to reflect their financial situation, and the company does not have to pay any tax.

Benefits of registering a Bermuda offshore company.

1. Convenient business operation and reasonable tax system;

2. Protect the privacy of directors' and shareholders' information; <3. If you do not operate a business in Samoa, you can be completely tax-exempt;

4. There are many types of financial services, and there are no restrictions on the use of the company;

5. It is in a world leading position in all aspects, and its policies are suitable for listing;

Bermuda's politics and economy have been in a relatively stable state, which provides a good external environment for the registration of companies, Bermuda has a wide range of financial services, the company has a wide range of uses, there are no many restrictions, the registered capital does not need to be in place, and you can open bank accounts around the world, the continued services are relatively simple, the company's image is good, the international status is high, the legal system is relatively strict, the transportation and communication are very developed, convenient, the political environment is stable, and it is convenient for financing and listing.

Transnational corporations have a soft spot for Bermuda, not only setting up exempt companies, but also using them as a tool for inverted restructuring. A Bermuda company is a tax-exempt haven as exempt companies do not have to pay any tax as they only need to keep information to reflect their financial situation. Google, for example, uses Bermuda shell companies to transfer funds from Europe to avoid taxes.

Company Type: Overseas Offshore Company.

Company name: The company name must contain words such as LTD, INC, CORP, etc., which means "limited liability".

Registered capital of the company: The standard registered capital is 50,000 US dollars.

Company Hail Judgment Sen Shareholders: At least 1 shareholder, there is no nationality restriction on shareholders, and the company can issue registered or bearer **.

Company directors: The company needs at least 1 director, which is allowed by both natural and legal persons, and there are no nationality restrictions.

Company Officers: Bermuda companies need to appoint a chairman, a financial secretary and a company secretary, both legal and natural persons, and one person can wear multiple hats.

1. Its social, economic, and political stability is very stable, and Bermuda** balances its balance of payments without any external debt.

2. For non-tax residents or companies, no capital gains tax is levied, and the gift tax is not levied, and the transaction tax is not levied. Wait.

3. Very secret business activities.

4. It is the earliest colony in the British colonies to enjoy the right of self-government.

5. Good education standards and the income of the people of the country, which ranks third in the world.

6. Many of the world's first-class legal and accounting firms provide international trust, financial and business services here.

7. Perfect banking system and provide diversified financial services: investment management, individual or professional investment companies can find suitable banks to provide services.

8. **The video network uses the most advanced optical fiber vibrillation jujube cable.

1. Bermuda has a well-established financial system, and many insurance companies, investment companies, and oil companies have chosen Bermuda as the place of registration of overseas companies. Bermuda is also the best location for major listed companies.

2. Bermuda's social, economic and political stability is very stable, and there is no foreign debt and the balance of income and expenditure is balanced, which also provides a good external environment for the registration of the company.

3. Bermuda does not compel companies and individuals who are not taxpayers to solicit capital gains tax, gift tax, transaction tax, etc.

4. A company registered in Bermuda can carry out hidden business activities. There were many British colonies, but Bermuda was the first to enjoy self-government.

5. Bermuda has a good standard of education, and its national income ranks third in the world. Another benefit to the firm is the fact that many of the world's leading legal firms provide international trust, financial and business services here. Banks are crucial for a company, because every company needs to deal with banks, Bermuda has a very well-established banking system, which can provide diversified banking services, investment management, whether it is an individual or an investment company, you can find a suitable bank for yourself.

6, for a company is indispensable, with the popularity of computers, the network is also a company can not do without, more and more companies for the network has more requirements, Bermuda video network uses the most advanced fiber optic cable, to ensure the smooth flow of the network.