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Events in the year 2025 in Bermuda .
Why is it relevant? Until recently, Bermuda had not imposed taxes on profits, income, dividends, or capital gains. Going forward, MNE groups will need to understand the scope of the new CIT, including details surrounding the computation of taxable income and the tax itself.
The Bermuda Registry General has officially announced that the much-anticipated new trademarks law, the Trademarks Act 2023 will come into effect on 1st of February 2025, replacing the Trademarks Act 1974. The new law brings with it several significant changes to the way trademarks are managed and protected in Bermuda.