Fees and timelines in 2024


payment by instalmentThe average fee per Bermuda engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Bermuda entity types Cost Draft invoice
Exempt company US$21,110 View invoice PDF
Branch of a foreign company US$23,580 View invoice PDF
Local company US$18,980 View invoice PDF
Exempt partnership US$18,950 View invoice PDF
Bermuda annual renewal US$16,458 View invoice PDF

Click here to create your own Bermuda invoice


The average Bermuda company registration period is 12 weeks as outlined below:
bermuda business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Bermuda, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!
bermuda monetary authority bermuda ministry of finance bermuda-customs bermuda business development agency