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Establishing an International Charity in Bermuda

With its well-respected regulatory regime and highly regarded professional services industry, Bermuda is an ideal location for the creation of an international charitable structure. Companies and HNW families and individuals will find a range of tax efficient, flexible vehicles available for the establishment of charitable or philanthropic entities.

Bermuda has a substantial charitable, or not-for-profit, sector with approximately 290 charities currently registered pursuant to the Charities Act 2014, as amended (the “Act”). This figure does not take into account the many additional charitable organisations that qualify for more limited registration requirements under the Act. The jurisdiction has shown a consistent commitment to providing a robust legal framework that meets the diverse needs of both the local and international communities.

At present, an exclusively charitable organisation which is privately funded (i.e. does not solicit funds from the Bermuda public) is not subject to the full registration requirements under the Act; rather they are subject to a more limited form of registration, as described below.

 

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Establishing an International Charity in Bermuda

 


Helen E. Cooper
Director

Bermuda   +1 441 299 4956


Davina Hargun
Associate

Bermuda   +1 441 279 5377


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