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Key Corporate Features & Document Requirements for Bahamas

Bahamas

General
Type of Company IBC
Type of Law Common
Shelf company availability Yes
Our time to establish a new company Normal with 9 working days or 5 working days in urgent
Minimum government fees (excluding taxation) US$350
Corporate Taxation Nil
Double Taxation Treaty Access No
Share capital or equivalent
Standard currency US$
Permitted currencies Any
Minimum paid up US$1
Usual authorised US$50,000
Directors
Minimum number One
Local required No
Publicly accessible records Yes
Location of meetings Anywhere
Shareholders
Minimum number One
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required No
Local or qualified No
Accounts
Requirements to prepare Yes
Audit requirements No
Requirements to file accounts No
Publicly accessible accounts No
Recurring Government Costs
Minimum Annual Tax / Licence Fee US$350
Annual Return Filing Fee Nil
Other
Requirement to file annual return No
Change in domicile permitted Yes
 

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares


Relative Countries

  1. Anguilla
  2. Belize
  3. Brunei
  4. BVI
  5. Cayman
  6. Cyprus
  7. Delaware
  8. Gibraltar
  9. Hong Kong
  10. Jersey
  11. Malta
  12. Marshall Islands
  13. Mauritius GBC1
  14. Mauritius GBC2
  15. Panama
  16. RAK
  17. Samoa
  18. Seychelles
  19. Singapore
  20. St. Vincent and the Grenadines
  21. Switzerland
  22. UK - public Limited
  23. UK- Private Limited
  24. UK-LLP
  25. Vanuatu