The Bermuda Society was incorporated in England in 1987 under the Companies Act 1985 as a private company limited by guarantee. Its primary object, as a Society admitting members by subscription and administered by an elected committee of management, is to promote and advance Bermuda's image as a first-class offshore business and financial services jurisdiction and to foster the close and valuable liaison between Bermuda, the United Kingdom and elsewhere, particularly in the areas of finance, commerce and economics.

The Society is a prestigious, responsible and responsive organisation and maintains strong links with the British Parliament, with figures in the City of London, tourism, air transportation, the professions, insurance, reinsurance and banking as well as with those who have or have done business with or have worked in Bermuda.

The Society's membership reflects a high level of interest and influence, and covers a wide range of involvement.