Bahamas
The Bahamas are a group of around 700 islands located off the south east coast of the state of Florida, USA and have been an independent member of the British Commonwealth since 1973. The population of the Bahamas is approximately 320,000 most of which live in the capital city of Nassau on the island of New Providence. The Bahamas is one of the most politically stable countries in the world and have an excellent range of international banks based in the islands with currently 396 banks holdings licenses under the Banks and Trust Companies Regulations Act 2000.
Key Corporate Features |
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|---|---|
General |
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| Basis of Legal System | Common |
| Type of Company | IBC |
| Tax on Offshore Profits | Nil |
| Redomiciliation Permitted | Yes |
| Time to Form | 5-7 days |
Corporate Requirements |
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| Minimum Shareholders | 1 |
| Minimum Directors | 1 |
Corporate Administration |
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| Corporate Directors Permitted | Yes |
Local Requirements |
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| Registered Office/Agent | Yes |
| Company Secretary | No |
| Director | No |
| Meetings | No |
Public Filings |
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| Directors | Yes |
| Shareholders | No |
| Beneficial Owners | No |
Annual Filing Requirements |
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| Annual Return | No |
| Audited Accounts | No |