Tax: Up to 2%
Duties: Up to 25%
Restricted Items: Additional Costs Depending on COO, Cargo Size and Shipment Value
Non-working days: Saturday, Sunday, and Public Holidays
Lead Time: 4 - 5 Weeks
Best carrier option: Courier or Freight Forwarder
Prominent Languages: Bermudian English
Importing IT equipment into Bermuda may face complexities due to regulatory changes. This requires careful handling to avoid delays and compliance issues. Additionally, high customs duties and clearance procedures can increase import costs. TecEx specialists can provide a tailored solution for swift and reliable customs clearance. Despite these challenges, Bermuda’s IT sector has the potential for growth by overcoming import obstacles and leveraging its unique strengths.
Importing IT equipment into Bermuda may face complexities due to regulatory changes. This requires careful handling to avoid delays and compliance issues. Additionally, high customs duties and clearance procedures can increase import costs. TecEx specialists can provide a tailored solution for swift and reliable customs clearance. Despite these challenges, Bermuda’s IT sector has the potential for growth by overcoming import obstacles and leveraging its unique strengths.
How TecEx Can Help You Import into Bermuda
Leverage TecEx’s tailored Delivered Duty Paid (DDP) shipping solution, positioning us as your ideal Importer of Record (IOR). With DDP incoterms, we seamlessly manage the entire process, covering pre-compliance, customs clearance, and ultimate delivery to any location in Bermuda and North America.
Bermuda is a major financial hub and is actively supporting the growth of FinTech. The Bermuda Monetary Authority (BMA) has created a favorable regulatory environment for FinTech startups, including an InsurTech sandbox and an innovation hub. TecEx is your reliable partner for managing imports and exports to and from Bermuda.
Your global trade solution for Bermuda
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.