Bermuda Administered Fund License
Key Features
- pursuant to its constitution and prospectus it requires participants to invest a minimum of $50,000 in the fund; or
- it is listed on a stock exchange recognized by the Authority for this purpose.
Requirements |
Description |
General |
|
|
Company, Unit trust, Limited partnership |
|
No |
Share capital or equivalent |
|
|
USD 50,000 |
|
None |
Directors |
|
|
2 |
|
Yes |
|
No |
Service Providers Required |
|
|
Yes |
|
Yes |
|
Yes |
|
Yes |
- Low setup costs
- Quick and easy regulatory notification process
- No investment restrictions
- Favourable tax environment
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers