Bermuda Business Services

Bermuda Business Services ISAC ltd.

Board-Approved Platform

Why Incorporation Matters

Affordable Incorporation

A Bermuda-based incorporation platform governed by an experienced Board and supported by leading local legal firms — ensuring every business is properly reviewed, approved, and compliant.

Affordable Incorporation

Why Incorporation Matters

Affordable Incorporation

We help entrepreneurs operate as fully incorporated businesses through a low-cost, monthly membership model — removing the high upfront cost of traditional incorporation.

Why Incorporation Matters

Operating unincorporated exposes entrepreneurs to personal liability, limits business growth and a lack of permanence and estate planning. We believe incorporation should be accessible earlier in a business’s journey.

What is BBS ISAC Ltd?

About ISAC Structures

Bermuda’s Incorporated Segregated Accounts Company (ISAC) framework, in force since 2019, allows a registered ISAC to establish multiple Incorporated Segregated Accounts (ISAs). Each ISA has its own legal personality, enabling it to contract, hold assets, and incur liabilities in its own name.

This structure allows entrepreneurs to protect personal assets, operate with confidence, and establish a credible, fully incorporated business in a cost-efficient way. Each ISA operates as a legally separate business within the ISAC framework, with assets and liabilities that are clearly segregated, meaning obligations of one ISA cannot affect another. Every ISA maintains its own governance documents, directors, and separate financial records.

BBS Application Process

1. Apply Online - Complete our screening form

2. BBS Board Review & Approval

1. Apply Online - Complete our screening form

3. Incorporation Documentation & Submission

1. Apply Online - Complete our screening form

3. Incorporation Documentation & Submission

4. Receive ISA Incorporation Certificate

1. Apply Online - Complete our screening form

3. Incorporation Documentation & Submission

Our Fees

Every BBS membership covers more than just incorporation — it includes the ongoing corporate support your business is legally required to have.

One-Time Onboarding Fee

$1,350

Covers your incorporation application, document preparation, BBS board review, and submission to Walkers and the Bermuda Monetary Authority.

Year One

$450/month

or $1,350 quarterly

Full BBS platform access and corporate support, including simplified online application process, up to 10 hours of Corporate Administration/Secretarial services, Annual Return Filing Fee and all Government Incorporation associated costs.

Year Two & Onwards

$250/month

or $750 quarterly

Continued BBS platform access at a reduced rate once your business is established, and ongoing Corporate Administration/Secretarial services.

Frequently Asked Questions

Please reach out to us at admin@bbsplatform.com if you have additional questions.

Who is BBS Designed For?

BBS is designed for Bermudian entrepreneurs and small to growing businesses in Bermuda who want to operate through a fully incorporated legal structure without the high upfront cost of traditional incorporation.

Our platform is particularly well suited for:

Service-based and professional businesses (e.g. consulting, marketing, advisory)
Entrepreneurs currently operating as sole traders
Businesses looking to formalise operations and build credibility
Founders seeking limited liability and a structure that supports growth
Businesses with straightforward ownership and operations

Note: During beta, we are currently only onboarding applicants who have completed the Ignite Bermuda programmes. Please reach out to us below to join our waitlist.

What company structure do you offer?

We offer ISA (Incorporated Segregated Accounts) companies that offer similar functions to Limited Companies.

What do I need to do to apply?

Please reach out to us for our Screening Form, and we will be in contact if you are approved to proceed with your application. For our screening form, you should anticipate providing:

A digital colour copy of your passport(s)
A digital copy of recent proof of residential address
Recent CV

Note: If you are approved to proceed with your application, we will require a one-time onboarding fee of $1,350 before submitting the documents.

Who may not be suitable for BBS?

BBS is not a one-size-fits-all solution and may not be suitable for all businesses. At this time, we are only accepting applications from Bermudians or those with Bermudian Status.

To maintain compliance and protect the integrity of the platform, we are unable to support:

Businesses engaged in illegal, unethical, or prohibited activities
High-risk or heavily regulated activities
Complex or opaque ownership structures
Businesses that do not meet required due diligence and compliance standards
Structures requiring bespoke or highly customised legal arrangements

All applications are subject to review and approval by the BBS Board.

Note: During beta, we are currently only onboarding applicants who have completed the Ignite Bermuda programmes. Please reach out to us below to join our waitlist.

Can I apply if I'm not Bermudian or don't have Bermudian Status?

At this time, we are only accepting applications from Bermudians or those with Bermudian Status.

Can BBS incorporate a company as limited by guarantee?

Due to the structure of our ISAC platform, we are unable to facilitate incorporation of a local company by guarantee, which are designed primarily for non-profits, charities, and philanthropic organizations.

How long is the BBS Application process?

We strive to be as efficient as possible, knowing that your time is valuable. Our implementation of smart PDFs allows the form-filling process to take roughly 20-30 minutes. Once we receive all completed documentation, we anticipate 4-6 weeks for the incorporation process.

Why is it important to have a company structure?

As a sole trader, you are personally responsible, and when you sign a contract or serve a customer, you may be exposing yourself to the risk of losing your personal assets. An incorporated company can raise money, sign leases, employ staff and the liability remains in the company.

What is the Invoice Payment Cycle?

Your monthly billing cycle begins once your ISA is officially incorporated.

Your first invoice will be pro-rated from your incorporation date to the end of that month. After that, all invoices are issued on a standard monthly cycle, starting on the 1st of each month, for simplicity and consistency.

Does the monthly BBS fee include the annual government fee? and will I receive confirmation for my records when these fees have been paid on my behalf?

Yes, the monthly BBS fee includes your annual government fee. Your invoices and statements will provide confirmation for your records when these fees have been paid on your behalf each year.

What’s the difference between an ISA and a Limited Company?

Both an ISA and a limited company provide asset protection and business credibility, but a limited company stands entirely on its own. An ISA exists within a larger ISAC structure, which allows founders to launch and operate a business more quickly and cost-effectively, with some limits on autonomy compared to a standalone company.

Should I incorporate as an ISA or a Limited Company?

An ISA under an ISAC is an excellent option for entrepreneurs who want speed, lower cost, and strong asset protection while building or scaling a business. A standalone limited company may be more appropriate if you require full corporate independence, plan to raise institutional investment, issue complex share structures, or anticipate a merger in the future. However, always seek your own legal advice.

What if I no longer want to be an ISA - would I then be required to go through the incorporation process again to become a LLC?

If you 'spin off', from the BBS ISAC structure, then decide to incorporate as a limited liability company, you will need to go through the incorporation process in order to do so.

Does BBS provide corporate administration services?

No, BBS does not provide corporate administration services, however once incorporated, Walkers Bermuda is the corporate service provide for both the individual ISAs and entire ISAC structure.

Welcome

Incorporate Your Bermuda Business