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Bermuda's Economic Substance Act 2018 and Economic Substance Regulations 2018 (and subsequent amendments) set out the requirements that Bermuda-based entities must adopt with regard to economic substance in the jurisdiction.
Conyers
The aviation industry has been severely impacted by the COVID-19 pandemic.
Conyers
On 7 July 2020, Bermuda's Minister of Finance issued the final Revised Guidance Notes in relation to the Economic Substance Act 2018 (the "Act").
Conyers
Welcome to Conyers' 2020 Norway Practice Bulletin. Our annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.
Conyers
As of 1 April, 2020 the Bermuda Civil Aviation Authority (BCAA) will no longer issue hardcopies of any BCAA Certificates, Approvals or other documents it issues with a hand-written signature or an embossed ink stamp.
Conyers
Bermuda has two options that could offer more cost efficiency and administrative ease.
Conyers
As the regulatory demands on offshore companies continue to grow, it can be hard to determine the right jurisdiction for the ownership and registration of vessels.
Conyers
Bermuda is an overseas territory of the United Kingdom. As such, the Register of Aircraft is governed by a UK statute, the Air Navigation (Overseas Territories) Order 2013 (ANOTO).
Conyers
No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and one of the parties is a local Bermuda company, ...
Conyers
Whether such title transfer includes all installed parts (like an APU) would depend on the terms of the contract.
Conyers
The new regulations have been spearheaded by the Bermuda Shipping and Maritime Authority as part of its strategy to position the Bermuda shipping offering as best in class.
Conyers
Until 2018, ABS transactions in the aviation sector followed a largely similar structure.
Conyers
Welcome to Conyers' 2019 Norway Practice Bulletin. Our annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.
Conyers
For any organisation, personal information about customers, clients, employees and suppliers is a valuable asset. But it is also a responsibility.
Conyers
We are pleased to present Conyers' 2018 Norway Practice Bulletin. This annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.
Conyers
The world's largest offshore fully electronic securities exchange, the BSX offers issuers an affordable, well-regulated listing venue.
Cox Hallett Wilkinson Limited
All aircraft must be registered with a national aviation authority in accordance with the ICAO for the purposes of identifying the nationality assigned to the aircraft, and designated by the registration mark appearing on the aircraft.
Appleby
Effective 1 January 2018, the Cape Town Convention and the related Protocol (Convention) came into force pursuant to the Bermuda International Interests in Mobile Equipment (Cape Town Convention) Act 2016.
Conyers
After much anticipation, the Bermuda International Interests In Mobile Equipment (Cape Town Convention) Act 2016 came into operation in Bermuda on 1 January 2018.
Conyers
This annual review highlights Conyers Dill & Pearman's global corporate transactional legal work in 2017 across economic markets and industry sectors.
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