A CONCIERGE SERVICE THAT HELPS YOU ESTABLISH YOUR BUSINESS IN BERMUDA? IT EXISTS. Courtesy of Bermuda Business Development Agency Bermuda’s wealth of industry expertise and innovation coupled with world respected regulation and a 400-year-old British legal system have made the island a top-tier international financial centre. The island’s convenient mid- Atlantic location between European and North American markets is attractive to corporations, along with its direct connection via daily flights to London, Toronto, Miami, New York and other major cities. So it’s not surprising Bermuda has become the world’s largest captive insurance domicile, one of the top three reinsurance centres, the leading market for insurance-linked securities and a hub for trusts, hedge funds, family offices and many other financial, technology, biomed and nearshore services. Anyone who has launched a startup or relocated a company knows it can be complex. Making the whole process easier is the Bermuda Business Development Agency (BDA), an independent, public-private unit whose Concierge Service acts a one-stop shop — a single point of contact to streamline everything from networking with industry leaders to completing immigration applications to finding the right school for your kids. Through its stakeholder partnerships, the BDA Concierge Service connects prospective new international business with industry professionals, government and regulatory officials, plus highly qualified service providers such as real estate agents, banks, lawyers, accountants, recruitment specialists, technology partners and relocation experts. Notably, the BDA Concierge Service helps fast-track work-permit applications and, through the Bermuda government’s Business Development Unit, makes direct introductions to key government representatives, including those in the departments of finance, immigration, customs and the Office of the Tax Commissioner. The BDA’s assistance doesn’t end once you’ve successfully established your business in Bermuda. The agency acts as a partner to companies on the island, facilitating national strategic-planning sessions in different sectors through industry focus groups and helping firms to build relationships or address concerns as they flourish and grow. For more information on the BDA Concierge Service, visit bda.bm or contact email@example.com.
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