Offshore Bahamas. Bahamas Offshore Company. Bahamas Company Registration

Home » Jurisdictions » Caribbean » Bahamas Company Registration

 

Worldwide Incorporation Services specializes in Bahamas IBC formation (Offshore Bahamas) and opening bank accounts.

Bahamas Company Registration

 

General Information about Bahamas Offshore Company (Bahamas IBC)

The Bahamas is an ideal financial location for individuals and corporations seeking to gain tax advantages with confidentiality. A Bahamas Offshore can be used for asset protection, estate planning, tax mitigation and privacy. The most direct path toward attaining these advantages is by the formation of an international business company, commonly referred to as a Bahamas IBC.

Advantages of Bahamas Company Registration

  • Exemption from all local taxes and stamp duty
  • Maximum confidentiality and anonymity
  • Ease of operation, maintenance and control
  • Asset security
  • No disclosure or minimum capital requirements
  • A Bahamas Company requires a minimum of one shareholder
  • A Bahamas Company requires a minimum of one director
  • Excellent and flexible post-incorporation follow-up services
  • No statutory requirement to hold annual general meetings
  • Highly competitive fees and costs

Offshore Bahamas – Bahamas Offshore Company – Legislation

Principal Corporate Legislation

The International Business Companies Act 2000 and The International Business Companies (Amendment) Act 2004 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Bahamas Offshore Company for International Trade, Investment & Tax Planning

Bahamas IBC – International Business Company

Offshore Bahamas – Bahamas Offshore Company – Key Facts

Share Capital

Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

A Bahamas Offshore Company cannot trade within the Bahamas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Each Bahamas Offshore Company must have a Licenced Registered Agent in the Bahamas.

Registered Office Required

Each Bahamas Offshore Company must have a Registered Office in the Bahamas, provided by a licenced service provider.

Directors

A Bahamas Offshore Company requires a minimum of one director. Director can be of any nationality and need not be resident in the Bahamas. Corporate directors are permitted.

Shareholders

A Bahamas Offshore Company requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Bahamian Dollar (BSD), US Dollar.

Exchange Control

None.

Bahamas Offshore – Name of a Company

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima”, “Gesellschaft mit beschrГ¤nkter Haftung” or Ltd, Corp., Inc., S.A., GmbH must be part of the name of every Bahamas company.

Time to Incorporate

Two weeks.

Bahamas Company Registration – International Packages


Packages

COMPARE PACKAGE FEATURES

Corporate Consultancy

Name Check

Initial Approval

Preparation of Application Documents

Drafting and Filing of M&A with the Registry

Company Registration

Incorporation Service Fee

Registered Office Address for 1 Year

Registered Agent’s Service Fee for 1 Year

Company Secretarial Services for 1 Year

Certificate of Incorporation

First Minutes of the Director’s Meeting

Consent to Act as Director

Minutes of the Organizational Meeting of Incorporator

Memorandum of Association

Articles of Association

Apostilled Set for International Use (Certificate of Incorporation, M&A, Registers, First Minutes)

Register of Directors & Officers

Registers of Shareholders

Share Certificate

Resolution Issuing Share Certificate

Consent to Act as Company Secretary

Company Stamp

Daily Update Regarding The Full Process

Provision of a Corporate or Individual Director for 1 Year

Power of Attorney with Apostille

Resolution issuing Power of Attorney

Confidential Shareholder Service for 1 Year

Declaration of Trust

SILVER

USD 1490

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

-

-

-

-

-

GOLD

USD 2090

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

-

-

PLATINUM

USD 2490


Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 
* Government Licence Fee USD 400 is not included (payable to the Registrar of Companies every year)

Need Help Choosing the Right Package?

Submit an enquiry or request a confidential callback or chat with us.


Why Choose Worldwide Incorporation Services?
  • We’ve been helping business owners since 1998
  • Incorporating your business is our focus
  • We make a complex process fast and easy
  • We work closely with Bahamas Companies Registry to guarantee our service

Bahamas Ready-Made Companies

This is a list of ready-made and approved company names available as of today.

KARMELLA ALLIANCE LTD. Approved $ 1490
MELTON GROUP SERVICES LTD. Approved $ 1490
ADEL GROUP INTERNATIONAL LTD. Approved $ 1490

Bahamas Company Formation – Office Addresses

 

 

Worldwide Incorporation Services | Bahamas Offshore | Bahamas Company Registration

 

Free Initial Consultation
Call to any of our offices for your free initial consultation.


How to proceed
To start your business in the Bahamas please contact one of our offices or submit an online enquiry.

GET YOUR BUSINESS STARTED IN THE BAHAMAS

Why Our Company is the Best Choice for Bahamas Company Formation and Administration?
Click here to find out some reasons for that.


Questions? Need advice?

Submit an enquiry or request a confidential callback or chat with us.

Scroll Up