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Advantages of Doing Business in Bermuda
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Bermuda has huge strength as an offshore location for e-business. Indeed in terms of legislation, political and economic stability, experience and existing business practice it leads the way. It also has a sophisticated electorate, a first class telecommunications infrastructure and a well-educated workforce able to set up and manage e-business operations on the island.
In addition, Bermuda offers:
- Sophisticated financial and legal services on its doorstep
- Four diverse bandwidth routes through fiber optic and satellite networks
- Highest quality hosting facilities with maximum security and full redundancy
- Ideal location between North America and Europe
- Supportive Government with existing e-business legislation in place and a comprehensive e-business strategy for the future
- Excellent working relationship between private and public sector
- Tax favourable conditions
- Information security and copyright legislation
- 89 per cent penetration of Internet access on the island with IT / e-business education a priority
- Support network in place with web-designers, software and hardware vendors, ISPs and the highest number of offshore internet transaction gateway providers in the world services
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