Bahamas Offshore Companies

BAHAMAS OFFSHORE COMPANIES INCORPORATION

OVERVIEW OF KEY FEATURES

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.

ABOUT THE BAHAMAS

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.

QUICK REVIEW OF BAHAMAS OFFSHORE COMPANIES

BAHAMAS OFFSHORE COMPANY FEES

• Click Here for Typical Bahamas Offshore Incorporation Fees
• Compare Bahamas Offshore Company Fees to Other Jurisdictions
• Request a No-Obligation Quotation or Place an Order for Bahamas Offshore Companies
• View Shelf Companies (ready-made companies) Available

OFFSHORE COMPANY MANAGEMENT SERVICES AVAILABLE

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

CONFIDENTIALITY

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.

NAME RESTRICTIONS

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.

SUFFIXES DENOTING LIMITED LIABILITY

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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