Why choose a Bahamas Offshore Company Formation?

Main features of Bahamas company registration

• Bahamas International Business Companies are tax-free: no income, inheritance, capital gains, withholding or gift tax
• Unlike many jurisdictions, the Bahamas allows its International Banking Companies to do business locally and own local real estate
• With a Bahamas International Business Company (IBC), the company’s bank account may be located anywhere in the world and not just the Bahamas
• With a Bahamas company there is no maximum capital, although for capital over $50,000, there are additional fees
• Incorporation time for a Bahamas International Business Company (IBC) is just two to three days
• Choose a shelf company and start a Bahamas International Business Company (IBC) with an established history
• There are no auditing requirements for a Bahamas International Business Company (IBC)
• A Bahamas International Business Company (IBC) can be transferred to another jurisdiction at any time

Services from A1 Company Services

Bahamas offshore company formation, nominees, bank accounts and mail forwarding

As specialists in Bahamas offshore company formations, whether you’re looking for a simple company registration or a complex structure (including offshore Trusts), A1 Company Services can help. We also provide a comprehensive range of admin services for Bahamas companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

Our expert Bahamas company formation and company registration team has established affiliations with local Bahamas company agents and extensive knowledge of the legal requirements for company formation in Bahamas. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes.

If you require us to take over the management of your existing Bahamas offshore company, we can usually do so at no extra cost.

Background to Bahamas Company Registration

Bahamas offshore company formation/registration

A1 Company Services is able to register a Bahamas offshore company. A Bahamas company formation usually takes one to two days, although an off-the-shelf company formation is available for urgent requirements.

Offshore company banking in the Bahamas

A1 Company Services saves you time and hassle by working closely with a number of banks, including HSBC and the FBME bank in Cyprus. This means so we can incorporate Bahamas companies with a choice of offshore bank accounts.

Shares in Bahamas offshore companies

With Bahamas offshore companies, the minimum issued share capital is either two shares of no par value to two shares of par value. Shares of no par value, registered shares, redeemable shares, preference shares and shares with/without voting rights are allowed.

Anonymity and disclosure in Bahamas offshore companies

While the identity of the beneficial owners of a offshore company are not publicly available, the director details are. If anonymity is required therefore, A1 Company Services can supply the use of nominee directors.

There is no requirement for companies in the Bahamas to file annual accounts but financial records are necessary to reflect the financial position of the company.

Bahamas Offshore Company Formation

Tax benefits of a Bahamas offshore company formation

The Bahamas is one of the most popular choices for those looking for an offshore company in the Caribbean with all the tax-free benefits. A Bahamian International Business Company (IBC) is preferred by many non-resident companies due to the Bahamas’ established banking sector, good financial privacy and excellent reputation as a location for offshore banking.

Having now agreed to implement the Organisation for Economic Co-operation and Development (OECD) exchange of information, and signed over 12 tax information exchange agreements, the Bahamas has also moved onto the OECD’s white list.

Tax liability of Bahamas offshore companies

Bahamas is a tax-free haven, making it one of the top choices in the Caribbean for offshore company registrations. For business conducted outside of the Bahamas by a Bahamas IBC or trust there is:

• Zero income tax
• Zero capital gains tax
• Zero inheritance tax
• Zero sales tax

Unlike the majority of other jurisdictions, a Bahamas IBC is permitted to own local real estate and even do business locally. Local transactions are however subject to stamp duty and exchange controls.

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