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How it works?

How it works?

Upload your personal documents
Company gets registered
Additional services such as Bank account are processed
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Bahamas Company
Good to Know
Bahamas enjoys 0% taxation, no auditing and no paid up capital requirement.

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
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.
Confidentiality
Bahamas offers a high level of anonymity and privacy.
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
Taxation
No taxes of any sort.
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)
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 the Company
A certified copy Certification of the passport can be made by a notary, bank, lawyer or accountant. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport (or identity card), as well as proof of domicile dated less than three months.**






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* 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.