As Bermuda’s economy grows, keep tabs and stay up to date on new programmes to encourage investment and build local businesses.
Find ways that your company can use government services to move to the next level, from energy programmes and support for entrepreneurs, to ecommerce platforms and tax relief.
Companies, Permit Companies, LLCs, Exempted Partnerships, Exempted Limited Partnerships, and Overseas Partnerships are required to provide information which is relevant to the administration of the Corporate Income Tax Act, 2023 (“CIT Act”).
Starting a fintech company in Bermuda involves several key steps to ensure compliance with local regulations and leverage the benefits offered by Bermuda’s business environment. Here is a summarized guide based on the detailed document provided by the Bermuda Government:
The Economic Development Department (EDD) offers a range of incentives for employers who are committed to job creation and economic growth in Bermuda. These guidelines provide detailed information on the available incentives and the application process for employers.
The Economic Development Department (EDD) is pleased to fund the Fintech Training Programme for Bermudian learners. This programme is designed to enhance skills and provide valuable networking opportunities in the fintech industry.
For your reference, the Premier’s full Ministerial Statement is attached.
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Tourism is a key driver of economic growth and development for Bermuda, and the Government’s aim is to remain oriented towards continuously enhancing the framework for sustainable tourism investment.
Budget Statement In support of the Estimates of Revenue and Expenditure 2022 - 2023 presented by the Hon. E. David Burt, JP, MP Premier and Minister of Finance
Delivered on: 25 February 2022
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
24 August 2023
IntroductionThe administration of Restaurants Temporary Customs Duty Relief (“Restaurants Relief”) will be carried out by the Customs Long Room under the direction of the Assistant Collector of Customs for Commercial Operations.
General Licences issued by the Government of Bermuda allow for specific activities that would otherwise be prohibited under Bermuda’s sanctions regime.
The Employment and Labour Relations Tribunal, established under the Employment Act 2000, has jurisdiction to hear and determine (including by way of arbitration) complaints, labour disputes, differences, conflicts and other matters referred to it under the Employment and Labour Code.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The Ministry of Finance has published a Consultation Paper covering the Appeals Tribunal Framework for public consultation.
Here you will find information relating to the 2020 - 2021 Budget.
Budget StatementBudget Statement 2020 - 2021
National Economic ReportThe NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The Department of Workforce Development Training section Our Training section is responsible for all internal and external training for employees and clients, respectively, in collaboration with industry partners and educational institutions.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Why do we need to reform Bermuda’s municipalities?
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Complete the
Household income and expenditure data is collected through Household Income and Expenditure Surveys. One of the key objectives of the survey is to obtain information on the expenditure and income patterns and levels of private households in Bermuda.
Consumer Price Index
Retail Sales Index
The balance of payments (BOP) is a statistical statement that systematically summarizes, for a specific time period, the economic transactions of an economy (resident) with the rest of the world (non-resident).
The Information and Communication Technologies (ICT) sector comprises a combination of manufacturing and services industries that enable or fulfil the function of information processing and communication, including transmission and display by electronic means.
Bermuda’s tourism sector provides hundreds of millions of dollars in government revenue. Tourism statistics are released each year as a “Tourism Satellite Account.”
Compiled by the Economics Division of the Department of statistics, the Quarterly Bulletin of Statistics (QBS) is a summary report and contains some of the quarterly data collected by the Department. Statistics included in this report are imports to Bermuda, overseas declarations by Bermuda
Financial Services Tax is a tax charged on the following financial services providers with rates effective from April 1, 2019:
There are a few options for setting up a business in Bermuda. Your options depend on the nature of your business activities and whether you wish to conduct business in the local market.
There are a few options for setting up a business in Bermuda. Your options depend on the nature of your business activities and whether you wish to conduct business in the local market.
There are a few options for setting up a business in Bermuda. Your options depend on the nature of your business activities and whether you wish to conduct business in the local market.
There are a few options for setting up a business in Bermuda. Your options depend on the nature of your business activities and whether you wish to conduct business in the local market.
In July 2017, as part of its 2017 Platform, the Government issued a pledge to review the Project Agreement between the Bermuda Airport Authority and Bermuda Skyport Corporation Limited to see if Bermuda can get a better deal.
Our Labour Relations Section (“the Section”) oversees the certification and decertification of unions in the workplace, and manages labour disputes in both unionised and non-unionised environments.
Here you will find information relating to the 2017/2018 Budget.
Budget Press Conference Remarkswww.gov.bm/articles/budget-press-conference-remarks
Pre-budget Report 2025-2026
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
KRACK Atack:
Hamilton, October 18, 2017 - A weakness in a security protocol that Wi-Fi devices rely upon, has put wireless-enabled devices at risk of attack.
Budget Statement In support of the Estimates of Revenue and Expenditure 2023 - 2024 presented by the Hon. E. David Burt, JP, MP Premier and Minister of Finance
The Government of Bermuda is responsible for the integrity, objectivity and fair presentation of the financial statements of the Consolidated Fund.
Historically like other modern developed countries around the world, Bermuda has depended on fossil fuel for energy production for electricity, heating, cooling and transportation.
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
