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Bahamas Offshore Company

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Steps to company formation - Bahamas
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
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.
 
 

Banking Options

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Bahamas Company
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
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
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.
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 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 (or identity card), as well as proof of domicile dated less than three months.**






Bahamas Offshore Company Formation


Bahamas Jurisdiction News


Bahamas removed from FATF money laundering list

14 January 2021
Paris based Financial Action Task Authority (FATF), the regulating body[..]
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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. [..]
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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 [..]
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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.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
28-May-2019
Very professional. Very fast & very supportive. Oh yeah, and very friendly.
27-May-2019
We have received excellent service and great, professional advice from SFM and we will certainly use them for all ours and our clients Offshore Incorporation and Bank opening needs.

I would like to specifically thank Alexandra, Owiss and Mafalda and their teams for the excellent service to date.

Highly recommend.
19-May-2019
I had a very pleasant and simple experience setting up my corporation, everything was explained and every question answered with a friendly manner. I would highly recommend SFM
Thank you so much.
16-May-2019
Très professionnel
09-May-2019
Service complet et réactif ! Merci SFM
08-May-2019
Ao requerer os serviços de uma empresa conhecida pela Internet, é lógico que no início fiquei receoso, mas a celeridade e excelência no atendimento me deixaram mais confiante. O material apresentado no website, e posteriormente recebido, foram todo de excelente qualidade. O atendimento personalizado recebido através da Sra. Mafalda Silva é de um nível de excelência muito alto, e cria um vínculo personalizado muito forte e confiável. Sem dúvida recomendaria a SFM para meus amigos e conhecidos. Até pensei em me tornar um agente para a região sul do Brasil da SFM, se isso for possível.
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