Mello Jones & Martin · Barristers and Attorneys

Exempted Companies Under the Companies Act, 1981, Bermuda

Mello Jones & Martin · October 6th, 2006

This article summarises the key elements of incorporating and operating an exempted company under Bermuda’s Companies Act, 1981 and is intended for the use of clients considering such an incorporation as general background information.

Table of Contents

  • Exempted Company
  • Bermuda Monetary Authority
  • Directors and Officers
  • Other Important Organisational Steps
  • Bermuda Taxation
  • Foreign Exchange Control
  • Capital Structure
  • Bermuda Shareholder/Member Rights and Remedies
  • Registers Office, etc.
  • Restrictions
  • Know Your Client Procedure
  • Exhibit A: Personal Declaration
  • Exhibit B: Annual Bermuda Government Filing Fees
  • Exhibit C: MJM Exempted Company Formation Questionnaire
  • Exhibit D: Summary of Bermuda Statutory Shareholder Rights

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