The Bermuda Companies Act contains a consolidated version of the Companies Act 1981, incorporating all amendments to date.
“8 Commencement and dates of payment of annual corporate regulatory fee
(1) This Act shall be deemed to have come into operation on 1 January 2024.
(2) Payment of the annual corporate regulatory fee for the year 2024 with respect to each entity required under this Act to pay the fee shall be made by—
(a) 31 March 2024; or
(b) no later than such other date as the Registrar of Companies shall determine by notice published in the Gazette, which notice shall be subject to the negative resolution procedure.
9 Validation of payments
Any payment, made before the enactment of this section, of the annual corporate regulatory fee by an entity referred to in this Act, which annual corporate regulatory fee is provided in this Act to be payable in January, is hereby deemed to be a valid annual corporate regulatory fee payment for the year 2024 for the purposes of this Act.”
This Compendium does not, however, contain (i) the various forms and filings prescribed by the Act and (ii) The Companies Winding-Up Rules 1982; these are available on request, please contact us.
In addition, further regulations apply to companies carrying on (i) insurance business, (ii) investment fund or investment fund administration business, or (iii) trust business.
This compendium is intended for informational purposes only. While every effort has been made to ensure the accuracy of the legislation and related material, and it is believed that the only errors are those contained in the official legislation itself (which errors have been faithfully reproduced), no responsibility is assumed for the content. Reference should be made to the official versions of the legislation for an authoritative statement of the law and any subsequent amendments. Nothing in this compendium is to be considered as creating an attorney-client relationship or indeed any contractual relationship or as rendering legal or professional advice for any specific matter. Readers are responsible for obtaining such advice from their own legal counsel. No client or reader should act or refrain from acting on the basis of any content within this document without first obtaining matter-specific legal and/or professional advice. Conyers accepts no responsibility for any loss or damage, howsoever incurred, which may result from accessing or reliance on this content.
