Bermuda is a British Overseas Territory located on the Bermuda archipelago in the North Atlantic Ocean and to the east of the United States. It is under the sovereignty of the United Kingdom (responsible for defense and foreign relations. The capital of Bermuda is Hamilton. Bermuda is home to over 70 000 people, while its official language is English. The official currency is the Bermudian dollar – BMD (which is equal to the American dollar).

Bermuda has one of the world’s highest GDP per capita with tourism and insurance sectors its largest economic sectors.

The government of Bermuda is a parliamentary representative democratic dependency under the constitutional monarchy. The Constitution of Bermuda provides for the internal self-government of the state. At the same time, the Queen of the United Kingdom appoints the governor whose power includes issues of defense, foreign policy, and police matters. The authority responsible for company registration and incorporation in Bermuda is the Registrar of Companies. The legislative framework is the Companies Act 1981.