Bermuda is well known as the place to incorporate for tax reasons. Tyco International Ltd., in the new lately for example, is a Bermuda company. Tyco has 242,500 employees, roughly four times the population of Bermuda (~64K).

So "tax aware" companies and those that service them are there - like Andersen, KPMG, etc.

[link|http://www.netlinkbermuda.com/|Bermuda links.]

[link|http://www.cia.gov/cia/publications/factbook/geos/bd.html|Bermuda facts] from our friends at the CIA.