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Get your Bahamas company formation done with us and join the booming, business-friendly environment to scale up. Bahamas is known for its established infrastructure, progressive government, tax neutral environment, business-friendly vibes, strategic location, and major trade routes. If you have a plan to start, run, and expand your business in Bahamas, you are at the right place. At Enterslice, we help entrepreneurs like you with successful company registration in Bahamas. Company registration in Bahamas is an ideal strategy which allows entrepreneurs all over the world to kickstart their business in Bahamas. The International Business Companies Act, 2000, which is a cornerstone of Bahamas Corporate legislation, permits investors to run their business with privacy. Begin your entrepreneurial journey in the Bahamas, a unitary parliamentary constitutional monarchy, overseeing company formation and other business activities. Company formation in Bahamas further offers attractive business environment for international investors and entrepreneurs. 0% Corporate Tax 10% VAT No Withholding Tax No Transfer Tax Access to 24 Major Ports Fixed 1:1 Currency Control Rate Offshore Hub between North & South America Political Stability Known for Offshore Financial Services The most common types of business structures for company formation in Bahamas- The Bahamian law permits the incorporation of limited liability companies under the Companies Act (for local businesses) or the International Business Companies Act (for international businesses). It is one of the most preferred business structures for global entrepreneurs for company registration in Bahamas. The segregated account companies (SAC) which are opted by captive insurance and investment funds is a type of company with a series of accounts linked to one or more of the segregated accounts. It is one of the recommended business structures for business registration in Bahamas. The International Business Company (IBC) is the most widely opted type of company for offshore operations in the Bahamas. It normally takes the form of a private company limited by shares. It is one of the business structures for online company setup in Bahamas. The entrepreneur seeking for sole proprietorship registration must have possess a business and shop license, if appropriate, and the name of his business should be registered under the Business Names Act. It is one of the significant types of structures for company formation in Bahamas. Joint venture is a type of company structure formed specifically for projects or investments permitted under the laws of Bahamas. No registration or incorporation is expressly required for incorporating a joint venture by 2 or more parties who otherwise retain their distinct identities. It is one of the most common business arrangements opted by professional service providers and other business-minded persons intending to pool their resources. The partnership business structures are further divided into general, undisclosed and exempted limited partnerships. The Exempted Limited Partnership Act, 1995 established a partnership similar to an International Business Company (IBC), with the same restrictions on local activities. Its structure mirrors that of a limited partnership, allowing a general partner to also be a limited partner. The procedure for business registration in Bahamas is relatively swift and straightforward, allowing entrepreneurs to establish their companies efficiently with minimal bureaucracy. Have a look at the guide providing for smooth company registration in Bahamas The applicants are initially required to reserve and register a business name in Bahamas, accompanied through a letter releasing it to the agent on their behalf. The applicants are further required to fill out the application form mentioning the relevant details as prescribed in the application form. After filing the form, the applicant must attach the required documents along with the relevant application form. The next is the submission of the application form and the documents to the Bahamas Registrar General’s Department for obtaining the certificate of company registration in Bahamas. Once the application form & required documents are duly submitted and reviewed, the Bahamas Registrar General’s Department issues the certificate for company formation in Bahamas. The process for company incorporation in Bahamas takes around 2 to 4 weeks, depending upon additional approvals and banking requirements, as discussed below: The business name registration in Bahamas takes around 1 to 2 working days It takes around 4 to 5 business days to compile and make submission of documents including KYC documents of the company. Filing the application form and obtaining a certificate of incorporation takes around 2 to 4 business days, depending upon other approvals. It takes 7 to 10 business days to open a corporate bank account and receive internet banking access and credentials. The list of documents required for company registration in Bahamas is as provided below: Application stating Details of Business Owners and Shareholders Bahamas Certificate of Incorporation Memorandum and Articles of Incorporation (MoA and AoA) Apostilled Bahamas Company Documents A Registered Office (physical) Notarized Copies of Passports of Shareholders and Business Owners Residence Proof Minutes of the Meetings Share Certificates Shareholders and Directors’ Register Certificate of Good Standing Company Research Report Resident Agent Office Address Other Company Documents (if any) Yes, Bahamas allows 100% foreign ownership, enabling non-Bahamians to fully own and invest in a company. The foreign ownership is a crucial factor which makes company registration in Bahamas a popular choice for offshore companies. The non-Bahamian applying to carry out an online company setup in Bahamas mandatorily require approvals from the Bahamian Investment Authority. However, the Bahamas government introduced the International Business Companies (IBC) Act, 2000 to regulate the registration of company from outside Bahamas. 100% Foreign Ownership Understanding of Bahamian Laws 99% Success Rate 120+ Local Partners in Bahamas Business registration in Bahamas offers significant benefits to businesses establishing their presence. It is considered a tax heaven, having enhanced privacy and confidentiality policies, which creates a degree of anonymity among international entrepreneurs and investors. Have a look over some of the benefits of company registration in Bahamas. There is no minimum paid-up capital required for offshore company registration. It further allows the entrepreneurs to have full control over the paid-up capital for company incorporation. Tax benefits are one of the major advantages of company registration in Bahamian economic landscape. It eliminates the entrepreneur’s liability to pay taxes, including corporate tax, capital gains tax, income tax, inheritance tax, or sales tax. The Economic Permanent Residency offered by the Bahamian government’s flexible immigration policy makes it easy for individuals to work and live in the country. Individuals holding a permanent residence card can clear immigration freely and reside in the Bahamas for any length of time. The provisions of the International Business Companies Act, 2000, emphasize the foreign companies to conduct their business with complete privacy. In fact, the names of the shareholders need not be provided to the Corporate Registry. The offshore companies in the Bahamas are not subject to any exchange control laws, allowing them to freely transact in any currency. However, any dealings in Bahamian Dollars must be approved by the Central Bank. Offshore companies don’t need to file any statements of accounts. They are only required to maintain the records that set out all the transactions, and the records should be maintained for five years from the date of the transaction. The flexible rules for directors’ appointment allows the offshore companies to appoint a single director who need not be a resident of the Bahamas. Appointment of nominee directors is also permitted. The directors are also free to hold their meetings in any location and don’t have to remain confined to the registered office address. The Bahamas has straightforward shareholder requirements for company incorporation in Bahamas. A minimum of one shareholder where a company issue both voting and non-voting shares is permitted. One of the most preferred company structures opted for by foreigners for company registration in the Bahamas is the International Business Company. The below-mentioned eligibility criteria must be met for registering the same The top industries best suited for online company setup in Bahamas are as discussed below: Top 10 Industries for Company Formation in Bahamas Top 10 Businesses for Online Company Setup in Bahamas The post-registration compliances for Bahamas company formation are as discussed below: Enterslice has established itself as one of the leading consulting firms for company registration in Bahamas. The estimated GDP of Bahamas in 2025 is US$ 15.34 billion. It’s a paradise for global business enthusiasts and thus, company formation in Bahamas is a charm. Given below are the reasons why global entrepreneurs consider Enterslice as the most trusted consulting firm for company registration in Bahamas- Have a look at the answers to the most asked questions: The cost of incorporating a company in the Bahamas starts from US$1500. However, the cost may increase as per your business requirements. The process to register a company in Bahamas is as discussed below: Yes, a foreign investor having 100% foreign ownership is eligible for business registration in Bahamas to give wings to his entrepreneurial dreams. The Bahamas, which is a tax-free country with a fixed currency control rate, political stability, and an investor-friendly business environment, is considered a good place for business. Some of the benefits of company registration in Bahamas LLC are as outlined below: Yes, a foreigner can start a business after company registration in Bahamas. Getting expert help from Enterslice will help you start your business with minimum hassle. Yes, opening a Corporate Bank Account is important for carrying out the business operations in Bahamas. Yes, the Bahamas is considered an offshore financial centre as it offers a tax-free environment with no capital gains tax, corporate tax, or inheritance tax. The most preferred company for foreign investors in Bahamas is the International Business Company. However, you may talk to our consultants at Enterslice to get proper guidance on the which business structure to choose for company formation in Bahamas. The list of top 10 industries to register offshore company in Bahamas are as listed below:Company Registration in Bahamas- An Overview
Aspect
Details
Fees for Company Registration in Bahamas
The fees for company incorporation in Bahamas start from US$1500
Timeline for Business Registration in Bahamas
Usually, Bahamas company formation takes 2 to 4 weeks
Benefits of Company Registration in Bahamas
Benefits of company registration in Bahamas include:
Type of Business Structures for Company Registration in Bahamas
Types of business structures for company formation in Bahamas include:
Documents Needed for Company Registration in Bahamas
Documents required for company formation in Bahamas include:
Top Businesses for Foreign Entrepreneurs for Online Company Setup in Bahamas
Some of the top business for foreign entrepreneurs applying for online company setup in Bahamas are:
Procedure for Business Registration in Bahamas
The procedure for company registration in Bahamas includes the following steps:
How We Can Help You with Company Registration in Bahamas?
Explore Goldmine of Options with Bahamas Company Formation
Understanding Company Registration in Bahamas
Business Structures for Company Formation in Bahamas
Limited Liability Companies (LLC)
Segregated Account Companies (SAC)
International Business Company (IBC)
Sole Proprietorships
Joint Venture
Partnership
Exempted Limited Partnership (ELP)
Procedure for Business Registration in Bahamas
Register Business Name in Bahamas
File Application
Attach Relevant Documents
Submission to Bahamas Registrar General’s Department
Get a Company Registration Certificate
Timeline for Company Incorporation in Bahamas
Name Reservation: 1 to 2 days
Preparation of Documents: 4 to 5 days
Company Incorporation: 2 to 4 days
Corporate Bank Account: 7-10 days
Documents Required for Company Registration in Bahamas
Can Foreigners Apply for Company Registration in Bahamas?
Benefits of Business Registration in Bahamas
No Minimum Paid-up Capital
Tax Neutrality
Flexible Immigration Policy
Absolute Anonymity
No Exchange Control Laws
No Filing Required
Flexible Rules for Director’s Appointment
Straightforward Shareholder Requirements
Prerequisites for Company Registration in Bahamas
Industries for Online Company Setup in Bahamas
Post Registration Compliances for Bahamas Company Formation
Why Trust Enterslice for Company Registration in Bahamas?
FAQs on Company Formation in Bahamas
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