Bahamas Offshore Company Registration - Business Setup
- Register your Company in Bahamas in 10 days (upon validation of your identification documents).*
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
5 simple steps are needed to incorporate your company in the Bahamas
Complete our application form - Bahamas
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Bahamas Offshore Company Formation
Good to Know
Bahamian IBCs are allowed to make and maintain contact with professional firms, maintain books and records, hold meetings of directors or members, and lease real estate for use as an office in the Bahamas. It is also possible to obtain a license from the Minister of Finance to carry out other types of business activities on the island, if he considers that they are in the interest of the Bahamas.
Main Characteristics of a Bahamas Offshore Company
Company type
International Business Company (IBC).
Governing corporate legislation
Companies in Bahamas are regulated under the IBC Act 200. The Securities Commission of the Bahamas is the governing authority.
Information published relating to company officers
The names of company officers appear on public record. Nominee officers can be used to avoid the client's name appearing.
Accounting requirement
No accounting / reporting requirements.
N.B. As per Section 67. (1) of the IBC Act, a company shall keep such financial statements, accounts and records as the directors consider necessary or desirable in order to reflect the financial position of the company
N.B. As per Section 67. (1) of the IBC Act, a company shall keep such financial statements, accounts and records as the directors consider necessary or desirable in order to reflect the financial position of the company
Taxation
No Taxes of any sort.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
Standard currency
US$
Time to form
Bahamas has a fast and efficient registry.
Stability
Very stable jurisdiction with an excellent reputation.
Communication
Good communication means.
Time zone
Convenient world time zone: GMT-5
Secretary required
No
Paid up capital requirement
Minimum share capital: $50,000.
(No paid up capital requirement)
(No paid up capital requirement)
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director and 1 shareholder.
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of a Bahamas Company
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
Bahamas Offshore Company, ideal for:
Bahamas Offshore Jurisdiction News
Bahamas removed from FATF money laundering list
14 January 2021
Paris based Financial Action Task Authority (FATF), the regulating body[..]
Good news for 11 Low-Tax Jurisdictions
5 August 2019
In good news on global tax changes in July, OECD released its latest report on Harmful Tax Practices and found few causes for concern. It found that 11 of the 12 countries present on the low-tax jurisdiction list have now complied with its “substantial activity” legislation. [..]
Reform of Bahamas business licensing regime
16 March 2019
The Bahamian government has published details of a new corporate taxation scheme, introduced to remove the preferential [..]
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
27-Apr-2023
Excellent service with full support throughout the process, with quick and clear communication at all times.
Excellent service with full support throughout the process, with quick and clear communication at all times.
03-Apr-2023
Better feedback and better clarity of the requirements and timelines from the start
Better feedback and better clarity of the requirements and timelines from the start
08-Mar-2023
The progress of my new company was delayed more than I expected.
The progress of my new company was delayed more than I expected.
08-Mar-2023
Always on hand for help and assistance, and helped us no end in the process of incorporating our business, would be very happy to recommend to others.
Always on hand for help and assistance, and helped us no end in the process of incorporating our business, would be very happy to recommend to others.
04-Jan-2023
I have used SFM for company set up and also for company dissolution. I have found them to be efficient and courteous. Sometimes responses involving the local registration authorities have taken some time, but I surmise that this is attributable to the third party involved. I would have no hesitation in recommending them to others.
I have used SFM for company set up and also for company dissolution. I have found them to be efficient and courteous. Sometimes responses involving the local registration authorities have taken some time, but I surmise that this is attributable to the third party involved. I would have no hesitation in recommending them to others.
03-Nov-2022
Experienced professionals and very fast Excellent value for money.
Experienced professionals and very fast Excellent value for money.
The Bahamas is an attractive choice for offshore company formation, due to its political stability and favourable business climate. The Bahamas' proximity to the United States makes it an attractive offshore jurisdiction for businesses seeking to expand their operations in the Americas. Its well-developed financial sector, skilled workforce, and business-friendly legal framework provide a range of advantages to international companies. The country's modern infrastructure and favorable business environment make it an ideal location for companies looking to establish a presence in the Caribbean region.
At SFM, we make the process straightforward with our offshore company formation services: five simple steps from registration to obtaining all relevant permits. Our dedicated personal account managers guide you every step of the way. You can use our platform to register your company online in the Bahamas and any of the other jurisdictions we specialise in.
