“Setting Up a Business in the Bahamas: A Guide to Company Incorporation”
Setting up a business in the Bahamas can be a smart move for entrepreneurs looking to take advantage of the country’s favorable tax policies and business-friendly environment.
Make your business dreams a reality! Incorporate your company in the Bahamas with our expert assistance.
If you're interested in forming a company in the Bahamas, our company can assist you through the entire process. We have a team of experienced professionals who can guide you in selecting the most appropriate type of company, drafting all the necessary documents, and filing all the required paperwork with the Companies Registry. We can also help you comply with the regulations set out by the Companies Act to ensure that your company is properly registered and in good standing.
Our company offers assistance in obtaining tax exemption certificates for Bahamas companies. We will guide you through the application process and provide the necessary information about your company. With a tax exemption certificate, your company will be exempt from paying certain taxes. Contact us today to learn more.
We provide a registered office and resident agent for your Bahamas company. With our services, you can ensure compliance with local regulations. Contact us today to learn more about our company incorporation services.
At our company, we offer company secretarial services to ensure that your Bahamas company stays compliant with all relevant laws and regulations. While a company secretary is not legally required, it is highly recommended to have one. Our company secretary will be responsible for maintaining your company's records, preparing meeting minutes, and ensuring that your directors and shareholders are aware of their legal obligations. Contact us today to learn more about how our company secretarial services can benefit your Bahamas company.
We help Bahamas companies obtain government licenses for regulated activities like banking, insurance, or financial services. Our experts can guide you through the licensing process and ensure compliance with regulations. Contact us today to learn more.
Once you have chosen a name, you can apply to reserve it with the Registrar General's Department. This will ensure that no one else can use the name while you complete the incorporation process.
The next step is to draft the company's articles of incorporation. This document outlines the company's purpose, structure, and governance.
Once the articles of incorporation have been drafted, they must be submitted to the Registrar General's Department for approval. The Department will review the documents to ensure that they comply with Bahamian law.
All companies operating in the Bahamas must obtain a business license. The license can be obtained from the Ministry of Finance, and must be renewed annually.
The Bahamas allows for the incorporation of various types of companies, including companies limited by shares, companies limited by guarantee, and unlimited liability companies.
To incorporate a company in the Bahamas, you must have at least one director and one shareholder, who can be individuals or corporations. The company must also have a registered office and a resident agent in the Bahamas.
The incorporation process in the Bahamas can be completed in a matter of weeks, depending on the complexity of the company's structure and the time taken to obtain approvals from government agencies.
The Bahamas has a favorable tax regime, which includes no corporate income tax, no capital gains tax, and no personal income tax. However, companies may still be subject to taxes in other jurisdictions where they operate.
Yes, foreigners can incorporate a company in the Bahamas. The country has a range of incentives for foreign investors, and the process for incorporating a company is the same for both local and foreign investors.
Yes, a Bahamian company can conduct business outside of the Bahamas, subject to compliance with local laws and regulations in the jurisdictions where it operates.
Incorporation | Year 1 expense | Year 2 expense | ||
---|---|---|---|---|
Company Incorporation |
Professional fees - incorporation | 200 | ||
State fees | 90 | 300 | 300 | |
Registered agent fees | 75 | Paid during incorporation | 50 | |
Remote Bank opening |
Banking | 100 | Paid during incorporation | |
EIN Application |
EIN | 100 | ||
Virutual office |
Virtual office fees | 150 | Paid during incorporation | 150 |
Return filing |
Professional fees - Return filing | 300 | 300 | |
30 Min Consultation |
Free | 0 | 0 | |
Total |
0 | 0 | 0 |
Incorporation | Year 1 expense | Year 2 expense | |
---|---|---|---|
The state fee for the state of dalware for any other state kindly check |
0 | 0 | 0 |
I was impressed with how easy it was to incorporate my company in the Bahamas with Accorp Team. They took care of everything and made the process a breeze.
Thanks to Accorp partners I was able to successfully incorporate my company in the Bahamas. Their expertise and guidance made all the difference.
I highly recommend Accorp team for anyone looking to incorporate a company in the Bahamas. They were responsive, professional, and made the process hassle-free.
I had a great experience working with Accorp partners to incorporate my company in the Bahamas. They were knowledgeable, efficient, and a pleasure to work with.
Incorporating my company in the Bahamas with Accorp team was a smart decision. They provided excellent service and made the process simple and stress-free.
Setting up a business in the Bahamas can be a smart move for entrepreneurs looking to take advantage of the country’s favorable tax policies and business-friendly environment.
If you’re looking to start a business in the Bahamas, you’re in luck. The country offers a favorable business environment, a strategic location, and a range of incentives for entrepreneurs looking to maximize profits.
Incorporating in a tax-friendly jurisdiction can offer significant advantages for businesses seeking to protect their assets and minimize their tax liability.
Our years of experience across industries runs deep while we maintain a constant lookout for what's next. See what we deliver in your sector.