Satellite Filing - Bermuda has established regulatory procedures for the authorization of satellite networks and filing these with the ITU. The Government has also negotiated the extension of the UK’s Outer Space Act, enabling Bermuda companies to be licensed by the Governor to conduct activities in outer space in compliance with international agreements. To commence a filing, click here for the first steps.
Earth Station Deployment - Bermuda is ideally positioned for those needing to monitor space launches over the Atlantic Ocean. The Government of Bermuda has a streamlined process in place for authorizing earth stations and is in the process of finalizing regulations to ensure earth stations deployed on the island are subject to the minimum amount of regulation necessary, while ensuring they can appropriately interface with other systems and services, including international registration, if needed.
LLC Legislation - Bermuda’s LLC legislation provides entrepreneurs greater flexibility when establishing new businesses. The Bermuda Business Development Agency can help you start.
Reinsurance Services - Bermuda’s reinsurance industry is among the top three worldwide, and our property and casualty insurance sector is the most efficient in the world. To take advantage of this, we are encouraging the space and insurance industries to collaboratively develop insurance products that meet the needs of satellite operators and other providers of space services. The Association of Bermuda Insurers and Reinsurers can help you make connections.
Tax Free Filing - 0% corporate tax rate, including on space and satellite business.