Cohort’s principals have considerable experience operating international businesses and investment companies from within Bermuda.
Bermuda has a substantial business community, developed over many years, and regarded as a premier offshore jurisdiction to base a business operating internationally. Bermuda enjoys a ‘best in class’ reputation earned because of its pro-business culture, high caliber of its professional service providers and its tax neutrality.
Bermuda's dynamic financial services industry provides the full range of products and services for international business. In essence, Bermuda’s success is based on its stable operating environment, quality of its workforce, sensible but firm regulation to international standards and progressive, flexible and comprehensive legislation.
Bermuda is a pre-eminent offshore business and financial services jurisdiction supported by quality banking, legal, accounting, financial, trust and management services operations.
Bermuda is a truly offshore financial center, with a first class reputation. Located just seven hundred miles off the US eastern seaboard and less than seven hours by air from London, Bermuda is both geographically and legislatively independent and neutral, making it an ideal hub for international finance.
Bermuda is a tax neutral jurisdiction.
Bermuda is a leading offshore financial centre with no corporation tax, income tax or withholding tax.
Bermuda is placed in the lowest risk category in the most recent assessment by the U.S. State Department on vulnerabilities and threats to the U.S. national security and the stability of the global financial system, posed by money laundering and terrorist financing (March 2009).
Bermuda’s legal system is based on English Common Law with a right of final appeal to the Privy Council.
Bermuda is OECD white-listed and the OECD has confirmed that Bermuda has “all elements in place” in its legal and regulatory infrastructure to achieve international tax transparency standards.
Bermuda is in the top 3 reinsurance centers along with London and New York and one of the largest captive insurance domiciles.
The Bermuda Stock Exchange (BSX), established in 1971, is the world’s largest fully electronic offshore securities market, and is a full member of the World Federation of Exchanges. The US Securities Exchange Commission recognises the BSX as a 'Designated Offshore Securities Exchange' (DOSM) and the UK Financial Services Authority (FSA) recognises the BSX as a 'Designated Investment Exchange' (DIE).