What do I need to do when a Bahamas IBC gets a new owner?

Tell us before the transfer. The new owner goes through KYC, and the registered agent updates the beneficial ownership record in the secure search system within the short statutory window. We also update the register of members and, if directors change, the register filed with the Registrar.

Corporate changes

Source: The Register of Beneficial Ownership Act, Registrar General's Department, The Bahamas