Bahamas International Business Company

General Information

  • Type of Company - International Business Company (IBC).
  • Legislation - Common Law
  • Company name - Non-English names are allowed
  • Time-scale for incorporation – 3-7 days.
  • Disclosure of beneficial owners prior to incorporation is required.
  • Double tax treaties – No
  • Ready-made companies are available

Local Requirements

  • Registered Office and Registered Agent are required
  • Company Secretary is not required, but often a secretary is appointed in order to facilitate signing obligations
  • Local Directors are not required
  • Public recording of shareholders and directors are not required, but must be kept at the Registered Office.

Corporate Requirements

  • Minimum number of shareholders - One (1)
  • Minimum number of directors - One (1)
  • Minimum capital requirement – None.
  • Standard Authorised Capital - US$50,000.
  • Bearer shares – not permitted
  • Corporate Directors are permitted.

Annual Requirements

  • Annual return and annual statutory meetings are not required. 
  • Statutory accounting is not required.
  • Annual government fee depends on the amount of the authoresed share capital
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