*** To maintain good standing, your Bahamas company must pay an annual renewal fee. This fee is a flat rate and free from hidden charges.

What’s included for 2,999

● Incorporation of Company
● Bahamas Government Registration Fees
● Registered Office for 1 year
● Registered Agent for 1 year
● Certificate of Incorporation
● Memorandum of Association
● Register of Members
● Membership Certificates
● Lifetime support

Why Bahamas

Establishing a company in the Bahamas is a smart choice for entrepreneurs looking for a stable and tax-efficient setting. The Bahamian government provides appealing fiscal incentives tailored to international businesses. Coupled with its business-friendly environment and close proximity to North America, the Bahamas stands out as an excellent option for entrepreneurs.

Benefits of opening a company in Bahamas

• Tax Benefits
  The Bahamas boasts a highly favorable tax system. Businesses are exempt from corporate income tax, capital gains tax, and inheritance tax, allowing companies to retain more profits and support growth and profitability.
• Political Stability
  With a longstanding tradition of political stability and a democratic government, the Bahamas offers a secure and reliable environment for business operations and investments.
• Strategic Location
  Positioned in the Atlantic Ocean, the Bahamas acts as a gateway between North and South America. Its proximity to major global markets makes it an excellent hub for trade and commerce.
• English-Speaking Workforce
  English, the official language of the Bahamas, facilitates smooth communication and business dealings with international partners. The country also boasts a skilled English-speaking workforce, adept at supporting a variety of industries.
• Natural Beauty
  Renowned for its stunning beaches and crystal-clear waters, the Bahamas provides an exceptional quality of life for entrepreneurs and employees alike, making it an attractive place to live and work.
• Thriving Financial Services Sector
  The Bahamas has a well-established financial services sector, featuring a wide network of banks and offshore financial institutions. This industry provides a comprehensive range of services, including asset protection and wealth management.

Types of Business Entities in Bahamas

The Bahamas offers several types of company structures, catering to a wide range of business activities:

• International Business Company (IBC): The most popular and versatile offshore company type in The Bahamas, ideal for international trade and investment, with no local taxes imposed on its income.
• Societe Anonyme (SA): Similar to an IBC, this structure prioritizes shareholder anonymity, making it suitable for international businesses that value privacy.
• Limited Liability Company (LLC): Provides limited liability for its members, making it an excellent choice for smaller businesses with a limited number of owners.
• Offshore Company: Commonly used in financial services, these entities take advantage of The Bahamas’ favorable tax environment and strong privacy protections.
• Sole Proprietorship: A straightforward business model, ideal for individual entrepreneurs who want complete control over their operations.
• Partnership: A structure where two or more individuals share ownership and contribute to all aspects of the business.
• Joint Venture: Created for specific projects or investments, this arrangement allows two or more parties to collaborate while maintaining their separate identities.
• Foundation: Often utilized for estate and tax planning, this structure offers asset protection and can serve both charitable and non-charitable purposes.

As you evaluate these options, consider how each entity aligns with your business objectives regarding operation, privacy, liability, and tax structuring. The legal requirements and benefits of each type can significantly impact your company’s formation and operation in the long term.

Incorporation Procedure

Documents from individuals:

• Certified Copy of a Passport and proof of address of the director,shareholder and beneficial owner.
• Original or certified true copy of Bank reference for director,shareholder and beneficial owner.
• 3 Proposed company name.
• CV/Resume.
• Professional Reference in the name of the company.
• Application Form (we will provide).

Documents from legal entities:

• Copy of the Certificate of Incorporation;
• A copy of the latest filing of its corporate annual return with the registrar of companies or other relevant registry
• Register of directors/shareholders/members
• Register or Notice of Directors and Shareholders.
• References and a notarised passport copy are also required for each shareholder and director of that corporation.

Note: Where documents are in a language other than English, a certified translation of the full document into English must be provided, with the original document.

Company Structure

• Minimum Number of Directors: At least one director is required, who may be a natural person or a legal entity. Directors’ details are not available to the public.
• Minimum Number of Shareholders: At least one shareholder is required,, who can be either natural or legal persons, residents or non-residents, without restrictions. Details of shareholders are not publicly disclosed.The same person can act as Director and Shareholder.

Timeline

Once we have received all the required identification documents, the company formation process will take approximately 5 working days subject to compliance review.

Taxation Policies