Price starts from €5,500

The Bahamas, an offshore jurisdiction in the Atlantic Ocean, has become popular for IT/Software development and online businesses due to no taxation on profits outside the islands and quick company incorporations. Ideal for various business models and time-sensitive setups.

This jurisdiction is the best option for:

DeFi/ Crypto;
Trading Company;
IT/ Software development;
Business consulting.

Benefits:

No taxes on offshore profits;
No minimum requirement for the share capital;
Financial reporting is not required;
Crypto-neutral jurisdiction.

0%

corporate tax, profit tax, personal income tax

$1

minimum paid up share capital

119th

place Bahamas takes for ease of starting a business, according to the World Bank

The best type of legal entity in the Bahamas is International Business Company (IBC)

Procedure for registration a company in Bahamas

Step 1. Initial Setup:

Initiating a preliminary project assessment
Preparation and filing of the package of documents

Step 2. Company registration:

Choosing a suitable corporate entity
Reserving of the company name
Preparation of registration documents
Submitting documents to the Bahamas Corporate Registry of the Registrar General's Department
Opening a bank account (but banks in the Bahamas are not willing to work with IBCs)
Obtaining business licenses (if applicable).

We also can help with:

Company secretarial services
Opening bank accounts
Preparing apostilled documents
Further legal support

Requirements for an IBC in Bahamas

Before deciding to set up a new company in Bahamas, read the information below to understand the characteristics of an International Business Company:

The type of company is an International Business Company (IBC).

Number of directors/shareholders – minimum of 1 director/shareholder.

Share capital – no paid minimum up share capital; the standard share capital is $50,000 but can be amended to fit Client requirements.

Liability – the liability of its shareholders is limited to the amount of capital they have invested in the company through their shares.

Accounting – no filing of accounts or reporting requirements, however, an IBC is required to keep financial records.

Document requirements:

Short description of Client company's activity;
3 options of Client's desired company name;
Contact email address;
Apostilled/legalized copy of the passports of all participants;
Apostilled/legalized copy of secondary ID’s of all participants (driving license, ID Card);
Apostilled/legalized proof of Residency (Utility bill or bank statement).

Taxation in Bahamas:

Corporate Income Tax: 0%.

If our proposal is intriguing, we kindly request to complete the form provided below to learn more. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information. We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.

The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.

If our proposal is intriguing, we kindly request to book a call with us or send your request via Telegram messenger. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.

We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.

The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.

Contact Us

We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.

The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.