Wealth

US bans anonymous shell companies

The US has taken steps with the Corporate Transparency Act to eliminate the potential use of anonymous shell companies for money laundering and tax evasion.

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Afiniti aims to have 1,000 staff in Bermuda

A billion-dollar data and software company that moved staff to Bermuda as digital nomads last year, has an ambition to increase its presence to 1,000 staff on the island within five years. If all goes…

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Bermuda to reform unfair tax system

Bermuda Premier David Burt is planning to reform the country’s tax system in time for the 2022/23 budget year.

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