What we can do for you

  • We do all paperwork on forming the company in Bahamas
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

FAQ ABOUT BAHAMAS COMPANY REGISTRATION

How to register a Bahamas International business company?

To register a company in Bahamas:

  • You have to chose Bahamian Company Name.
  • For the formation you will need to provide name of Shareholders, Directors and Officers.
  • Approve Authorised Capital.
  • For KYC deligence you must provide certified copy of passport, copy of utility bill

What does it means the Bahamian IBC?

Bahamas IBC is International Business Company (offshore company in Bahamas)

IBC is a company registered to operate a business outside of the Bahamas.

It also can hold an offshore bank account of private investments.

Do I need a Bahamas Registered Agent to incorporate the company in Bahamas?

Yes, according to the law of Bahamas IBC all companies must have a registered agency in Bahamas.

What is a Bahamas Offshore Company Formation (IBC) Cost?

The cost of incorporating in Bahamas includes company formation and government fee, registered agent fee, registered office fee and courier delivery of an incorporated company documents fee.

Where can I find Bahamas company registry search?

There is no Bahamas company registry search exist, if you want to check availability of the company name you can order it from registered agency in Bahamas.

Does Bahamas have public records for companies' directors, shareholders and Beneficial owners?

There are no public records. According to act of 1990 the Bahamas‘ International Business Companies (IBC)  protects the privacy of directors, shareholders and beneficial owner.

What are Advantages of Bahamas company registration?

Main advantages for IBC Bahamas is a tax optimisation:

  • no income tax,
  • no estate tax,
  • no inheritance or capital gains tax,
  • no restrictions on the repatriation of funds
  • no forced heirship laws for domiciled assets

How to open a Bahamas bank account?

Determine which type of bank you need to use.

There 100 financial institution and banks in Bahamas. We have included below Bahamas banks list with links to their website, so you can find the requirements of each bank how to open a business bank account with them.

List of commercial banks in the Bahamas:

Ansbacher (Bahamas) Ltd
Citco Bank and Trust Company (Bahamas) Ltd
Corner Bank (Overseas) Limited
Credit Suisse (Bahamas) Ltd
Guaranty Trust Bank Limited
Hottinger Bank & Trust Limited
Lombard Odier Darier Hentsch Private Bank & Trust Ltd
The Private Trust Corporation Limited
UBS (Bahamas) Ltd 

Can I register a trust companies in the Bahamas?

Yes, A trust can be established in the Bahamas specifically as an asset protection trust.

The trust must be governed by the laws of the Bahamas (Choice of Governing Law) The Trustee Act .

The Trustee Act was enacted into law with effect from July, 27 1998

What is the company act in Bahamas which regulates the company?

The International Business Companies Act, 2000, (Amendment) Act 2004, (Amendment) Act 2008, (Amendment) Act 2010

Bahamas Company Formation. Bahamas International Business Company / Bahamas (IBC)

Main Characteristics and the basic rules of Company registration in Bahamas

Bahamas Company Formation

Financial Advantages

Taxation: No taxes
Double Taxation Treaty Access: No Treaty Access. Bahamas has not yet signed any Double Tax Avoidance Treaties.
Bahamas Tax Information Exchange Agreements Yes, have been signed with many countries
Account Filing Requirements: No accounting or reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.

Bahamas Company Formation

Registration Requirements

Share Capital: Standard authorised share capital: US$50,000
Classes of Share Available for Bahamas company formation: Shares can be issued at a par or a non-par value.
Minimum paid up share capital: US$1 Classes of Share Available: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares: Not Allowed
Registered Office Required: Yes, required and must be maintained in Bahamas
Registered agent: A Bahamas IBC is required to have a registered office in the Bahamas.
Shareholders: Minimum number is one
Directors: Minimum number is one. There is no restriction on the nationality or residency of the directors of a Bahamas IBC. Local directors is not required. Corporate directors are allowed
Your Company language: English
Name of your Company must be ended: “Corporation”/ Corp., “Limited”/Ltd, “Incorporated”/Inc., Societe Anonyme”/S.A., “Gesellschaft mit beschrnkter Haftung”/GmbH, “Sociedad Anonima”
Documents required for Bahamas company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.

Bahamas Company Formation

Registration Restrictions

For Bahamas company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: None
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.

Bahamas Company Formation

Confidentiality and Security

Publicly Accessible Records: The details of registered shareholders are not available on public record. The details of directors are available on public record.
Possibility to use Nominee Shareholders and Nominee
Directors for Anguilla Company Formation:
Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: NO, The names or identities of beneficial owner do not appear in any public records
Meetings of Directors and Shareholders to be held: You can hold Meetings of Directors and Shareholders of Bahamas IBC anywhere
What is the stability to register Bahamas Company (IBC) Stable jurisdiction and very highly regarded reputation.

About Bahamas

bahamas company formation
Capital city: Nassau
Region: Located the Atlantic Ocean, southeast of Florida and the United States, north of Cuba, the island of Hispaniola and the Caribbean, and northwest of the British overseas territory of the Turks and Caicos Islands
Political System: Parliamentary Democracy
Government: Democratic Republic
Governing corporate legislation: International Business Act 2000 and the International Business Companies (Amendment) Act 2004.
Type of Law: Common
Type of company: International Business Company (IBC)
Currency: Bahamian Dollar (BSD)
Exchange Control: None
Language of Legislation and Corporate Documents: English
Time zone: GMT-5

Bahamas Company Formation – Benefits

  • Maximum confidentiality and anonymity
  • Highly competitive fees and costs
  • Exemption from all local taxes and stamp duty
  • Ease of operation, maintenance and control
  • Asset Protection
  • No minimum capital requirements
  • A Bahamas Company requires a minimum of one shareholder
  • A Bahamas Company requires a minimum of one director
  • No statutory requirement to hold annual general meetings

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.