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Bermuda, Exempt


Requirement	Answer
General:
Type of Entity:	Exempt
Type of Law:	Common
Shelf Company Availability:	No
Minimum Government Fees (ex Tax):	US$1870
Corporate Taxation:	Nil
Double Taxation Treaty Access:	No

Share Capital or Equivalent:
Standard Currency:	US$
Permitted Currency:	Any
Minimum Paid Up:	$1.00
Usual Authorised:	US$12k

Directors or Managers:
Minimum Number:	2 (Must be a Quorum in Bermuda)
Local Required:	Yes
Publically Accessible Records:	No
Location of Meetings:	Anywhere

Company Secretary:
Required:	Yes
Local or Qualified:	Yes

Shareholders:
Minimum Number:	1
Local Required:	N/A
Publically Accessible Records:	Yes
Location of Meetings	Anywhere

Accounts:
Requirement to Prepare:	Yes
Audit Requirements:	No
Requirement to File Accounts:	No
Publically accessible Accounts:	No

Other:
Requirement to File Annual Return:	No
Change in Domicile Permitted:	Yes

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