Grant Thornton Advisors multinational platform to expand in Europe with addition of Denmark firm
Press releasePlatform expands as Grant Thornton Denmark joins multinational group.
Supporting your business through change
Tax legislation is evolving rapidly, and Bermuda is no exception. With the introduction of a 15% Corporate Income Tax (CIT) from January 2025, multinational groups operating on the island face new compliance requirements, reporting challenges and strategic decisions. At the same time, scrutiny from global tax authorities is intensifying, making proactive planning more important than ever.
At Grant Thornton, we combine deep technical knowledge with practical industry insight. Our partner-led team provides tailored tax advice and compliance services to help clients meet their obligations efficiently, reduce risk, and identify opportunities in this new environment. For groups with US connections, we also provide dedicated corporate income tax support for reinsurance and captive insurance companies, drawing on our US tax specialists.
Our tax solutions
Meet domestic tax obligations accurately and on time.
We support businesses with local compliance and reporting requirements, ensuring they remain compliant while operating efficiently. Services include:
- Domestic tax compliance and registration;
- Tax accounting provision preparation;
- FATCA and CRS reporting;
- Country-by-Country (CbC) reporting.
Reduce global tax risk and streamline international compliance.
Cross-border operations bring added complexity. We provide strategic guidance to help multinational groups, including those affected by Bermuda’s new CIT regime, manage risk and remain compliant globally. Services include:
- International tax planning and structuring;
- Cross-border transaction coordination and advice;
- Global mobility compliance and consultancy;
- International registration and compliance;
- US corporate income tax compliance for reinsurance and captives, including IRS liaisons.
Gain clarity, confidence and control over tax strategy.
Our team helps clients plan ahead, manage change, and respond effectively to regulatory developments. We provide:
- M&A structuring and due diligence;
- Tax health checks;
- Documentation preparation and review;
- Support for tax authority audits and reviews.
Ensure fair, defensible and compliant transfer pricing policies.
We assist multinational groups in designing, implementing and defending robust transfer pricing strategies. Services include:
- Functional analysis and benchmarking;
- Design and implementation of transfer pricing policies;
- Documentation preparation;
- Dispute resolution and audit defence.
Why Grant Thornton
Bermuda’s evolving tax landscape, including the introduction of Corporate Income Tax in 2025, requires specialist expertise and a proactive approach. Grant Thornton’s Bermuda tax team provides actionable solutions backed by global reach and local insight.
With Grant Thornton, our clients receive:
- Reduced risk: Expert guidance ensures compliance with Bermuda’s CIT and other regulations, minimising penalties and scrutiny.
- Strategic insight: Tailored advice helps businesses identify opportunities and plan effectively for cross-border operations.
- Operational efficiency: Streamlined reporting and compliance processes free up resources for core business activities.
- Confidence in decision-making: Partner-led support ensures clarity and actionable recommendations at every stage.
- Global expertise with local knowledge: Access to US tax specialists and international advisors for complex multinational operations.
Whether you need to assess your exposure to Bermuda’s new CIT, prepare your tax reporting, or plan for international compliance, our team is ready to provide guidance and support every step of the way. Contact us today to discuss how we can help your business navigate Bermuda’s changing tax landscape.
Hoonjae Kim
Director - Tax
Andrew Howie
Partner - Head of Advisory
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