Domiciling operations in an international jurisdiction can be a daunting task for any sized corporation. Navigating regulations, hiring an experienced staff and learning how to optimize a company’s performance in a new environment are just some of the many challenges faced by multinational corporations. A knowledgeable guiding hand can make the difference between success and failure, and the Bermuda Business Development Agency (BDA) is unparalleled in providing the requisite expertise to make your new international venture thrive.
The core mission of the BDA is to partner with entities considering doing business from the jurisdiction to ensure a seamless domiciling process from start to finish. From making introductions to industry peers already established in Bermuda to acquainting partners with high-level government officials and regulators at the Bermuda Monetary Authority—the renowned regulator of financial services in the jurisdiction—the BDA exists to foster the growth of corporations doing business on the island. Its experts consult with business leaders and advisors representing asset management firms, hedge funds, tech start-ups, biomed companies, shipping management and finance companies and the insurance and reinsurance industries, among others.
Corporations have found the BDA’s concierge service to be an ideal one-stop-shop for regulatory information, trouble-shooting and for making connections to key service providers such as realtors, law firms, auditors and relocation experts. Having these tools at their disposal has given companies seeking to do business on Bermuda a considerable advantage over their competition, which is just part of the reason why Bermuda has experienced a surge in interest from the international business community in recent years.
With decades of experience, BDA’s leaders provide expertise to corporations ranging in size from startups to Fortune 100 enterprises. Regardless of size or international experience, however, today’s savviest companies are taking advantage of the island’s sophisticated business development operations and learning why Bermuda Means Business.
“We are excited to add the Bermuda office to our platform through our association with Bennett Jones (Bermuda) Ltd. Bermuda is of rapidly growing interest to our international clients who wish to operate in, and through, a highly sophisticated commercial and legal environment. Bermuda is the premier jurisdiction for those investments.”
Chairman and CEO
“Bermuda is a blue-chip jurisdiction with a strong international reputation and diverse product range; clients have been telling us for some time that Bermuda is a place where Harneys needs to be. In particular, Harneys’ strength and deep roots in Latin America and Asia provide the perfect platform to grow Bermuda’s presence in these key and emerging markets.”