Incorporate.ltd

🇧🇲 Cost of Setting Up in Bermuda

Complete cost breakdown for company formation in Bermuda — formation fees, annual compliance, office space, and structure-specific costs.

Cost Overview

Cost Breakdown (USD)
Formation Cost
$3,000 – $8,000
Annual Compliance
$2,000 – $5,000
Office Space
Included in registered office provider fee (no physical office required for Exempt Companies)

Cost by Structure

Exempt Company (EC)

Minimum CapitalNo minimum — standard authorised capital of $12,000
Annual Cost$1,995 – $5,000/year (government fee + registered office)
Setup Timeline5–10 business days

This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.