1. INTRODUCTORY -

1.1 Forms of Corporate/Business Organisations The principal forms of corporate and business organisations in Bermuda are:

• exempted companies, owned by non-Bermudians and carrying on business outside Bermuda from a principal place of business in Bermuda (or within Bermuda with other exempted companies); and

• local companies requiring at least 60% ownership by Bermudians and which carry on business in Bermuda.

Originally published in Chambers 2022 Global Practice Guide on Corporate Governance.