Bahamas Offshore Companies

from Maritime International Ltd.

Bahamas offshore companies, Bahamas incorporation, corporate offshore banking. Incorporate a Bahamas offshore company.
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The Bahamas IBC legislation is similar to that of the British Virgin Islands.

Offshore companies registered in the Bahamas are tax free and there is no requirement to file annual returns or audited statements. A Bahamas IBC may do business anywhere in the world and there is no requirement for the Director(s) to be resident in the Bahamas.

Unlike most other jurisdictions, a Bahamas IBC may do business locally and may own local real estate. Any such local transactions however, are subject to exchange controls and stamp duty. Business conducted by the Bahamas IBC outside of the Bahamas is exempt.

There are additional government fees for high capitalization (over US $50,000.00).

Only one Director and one shareholder is required. The name of the Director(s) is filed with the Registrar, and is available to the Public; the name of the Beneficial Owner is not.

Bearer shares are not allowed.


The Commonwealth of the Bahamas is a tax free English speaking jurisdiction in the Caribbean. It is a stable, independent sovereign country, with a democracy and government/judicial system modeled on the United Kingdom.

The Bahamas has a population of about 340,000 living on a chain of 700 islands; but most of the population live on about 30 major islands. Approximately half of the population lives on New Providence, which is the site of the capital city of Nassau. The second largest city Freeport is on Grand Bahamas, less than 60 Km east of Miami.

The Bahamas has a long history as a major offshore financial center. The Bahamas offshore company is governed by the International Business Companies Act, 2000 (as amended) and is fully tax free in the Bahamas. The Bahamas also has no income tax, capital gains tax, withholding tax, gift tax or inheritance tax.


Location of Jurisdiction Bahamas - Caribbean
Official Language English
Political Stability Excellent
EU Savings Tax Directive Applies No
Corporate Taxes None
Tax Information Exchange Agreements Yes - Read More
Disclosure of Beneficial Owner No
Requirement to File Audited Accounts with Government No
Time to Incorporate 2 to 3 Business Days - Read More

Type of Offshore Company International Business Company (IBC)
Type of Law Common Law for Corporate Matters
Allowed Business Activities Read Details
Registered Office/Agent Required by Law - Read More
Change of Domicile Allowed - Read More
Shelf Companies Available Yes - See Listings
Language of Documents English
Corporate Seal Manadatory

Eligibility Any person or company of any nationality.
Minimum Number of Directors One. May be a person or a company.
Disclosure to Authorities Yes, but nominees can be used - Read More
Residence Required May Reside Anywhere
Local Director Required No
Nominee Director Available (Recommended - Advantages) Yes. Provided by Maritime International Ltd. - Read More
Location of Meetings Anywhere - Read More

Officers Required Optional - Read More
Secretary Required Optional
Local Secretary Required No

Minimum Number of Shareholders One
Eligibility Any person or company of any nationality.
Disclosure to Authorities & Public No - Read More
Nominee Shareholders Available Yes. Provided by Maritime International Ltd. - Read More
Annual Shareholders Meeting Not Required

Minimum Number of Shares One
Maximum Number of Shares Unlimited
Bearer Shares Permitted No
Classes of Shares Permitted Read Details

Permitted Currencies Any. Usually US$
Minimum Paid Up Share Capital None
Maximum Share Capital Additional fees apply to share capital over US $50,000 - Read More
Recommended Share Capital US $50,000 (divided into 50,000 shares @ US $1.00 each)

Keep Accounts/Company Books Yes - Read More
Audited Accounts Required No
File Accounts with Government No
File Annual Return No
Bank Account Location Anywhere - Read More
Brokerage Account Read More
Exchange Controls No



Nominee Directors & Shareholders, Corporate Identity Package, Mailing Address, Basic Account Maintenance, Invoicing Services, Employee Contracts, Document Safekeeping and general Corporate services.


Details of Directors and Officers must be filed with the Registrar and are open to public inspection.

The Shareholders register must be kept at the Registered Office. It is not open to public inspection.

Nominees for either the Director(s) and/or the Shareholder(s) can be used, and are provided by Maritime International Ltd.


The following names require the consent of the Minister or a licence to be used: Bank, insurance, assurance, building society, reinsurance, savings, loans, fund management, investment fund, trust, trustee, university, municipal, Chamber of Commerce or any name which is, in the opinion of the Registrar, likely to suggest association with the banking or insurance industries.


The following can be used:

Limited or Ltd, Corporation or Corp., Incorporated or Inc, Societe Anonyme or SA, Sociedad Anonima or SA, Gesellschaft mit Beschrantker Haftung or GmbH.

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