Bahamas Company Formations

Bahamas Company Incorporation

Bahamas is part of the British Commonwealth a politically stable country where income, capital gains, inheritance and transaction tax is not imposed for a period of 20 years from the date of incorporation.

A Bahamas IBC affords a high degree of confidentiality due to limited filing requirements. Only the name of the Company, its Registered Office and Agent’s names, the Company’s Memorandum and Articles of Association and the name of Directors and Officers are filed.

Features of a Bahamas International Business Company (IBC)

  • Competitive incorporation and maintenance costs and fees
  • Fast incorporation procedures and simple on going administration
  • Only one director and two shareholders are required - the sole director can also act as a shareholder
  • Directors and shareholders can be either corporations or individuals
  • Directors, officers and shareholders details remain confidential
  • No limitations as to nationality or residence of company directors or shareholders
  • Full exemption from taxation on any business activity or transaction carried out outside the Bahamas
  • All dividends, interest, royalties, rents and compensations are exempt from the payments of income tax
  • Tax efficiency - exemption from capital gains tax, inheritance tax and death duties
  • Shares may be denominated in any currency
  • No issued share capital requirement
  • No foreign exchange control
  • No requirements for preparing and submitting accounts or filing an annual return

Bahamas International Business Company (IBC) Registration

  • Reserving your Company Name
  • Liaising with the registrar and relevant authorities
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Registrar General's Department
  • Appoint the Directors
  • Initial Government licence fee payable on incorporation
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier

Incorporation Documentation

  • Incorporation documents will be provided electronically, with electronic certification and signatures of the Registrar.
  • Registered Agents are able to provide their clients the electronic files via email

Company Name Reservation

Reserving a company name costs $25 and is reserved for 14 days.

A Bahamas IBC's name must end with: Ltd, LLC, Corp, Inc, GmbH or SA.

Bahamas Company Directors

Only one director of any nationality is required. There is no requirement for a local resident director. The names of directors do not appear in public records.

Bahamas Company Shareholders

Only one shareholder of any nationality is required. The sole director can be the same as the sole shareholder

Company Secretary

The International Companies Act 2000 makes no specific reference to a company secretary, but one is normally appointed to facilitate signing obligations. We can provide this service.

Authorised and Issued Share Capital

  • The standard authorised share capital is US$5,000; divided into 5,000 shares x US$1.
  • The share capital may be expressed in any currency.
  • Minimum issued capital is two shares of no par value or two shares of par value.

The US$5,000 capital is the minimum duty payable at the time of incorporation and the maximum authorised share capital for the minimum licence fee payable annually.

Bahamas IBC Share Register

IBCs are obligated to maintain a Share Register at its Registered Office which shall contain: the names and addresses of the persons who hold registered shares and the register is private and no public filing of its contents is required

Bahamas IBC Confidentiality

The Bahamas ensures privacy for offshore corporations.  The names of corporate shareholders and directors remain private.  The International Business Companies (IBC) Act of 1990 ensures that corporate information in the Bahamas remains confidential.

Registered Agent and Registered Office

The company must maintain a Registered Agent and Registered Office in the Bahamas. The Registered Office is where documents may be legally served on the company.

Financial Statements

In the Bahamas, the fiscal year runs from July 1 to June 30. There are no requirements to file company financial statements.

Annual Return

There is no legal requirement to produce or file an annual return.

Annual Government License

All Bahamas companies become due for renewal at the registry on the 31st December of the year following the year of incorporation.


Companies in the Bahamas are totally tax exempt, guaranteed by law for 20 years from the date of incorporation. This includes no taxes on dividends, interest, royalties, rent, compensation, income, inheritance, etc . The Bahamas has no double taxation treaties.

Contact Us
only required if you wish us to call you back
Bahamas Fees to Incorporate
  • Company Formation - £1800
  • Government License Fee - US$350
  • Tax Exemption Certificate - US$175
  • Provision of Registered Office and Resident Agent - £800
  • Company Secretary  if required - £550
Bahamas Annual Maintenance Fees
  • Registry Renewals Due 31st December
  • Provision of Registered Office and Resident Agent - £800
  • Government License Fee due 31st Dec - US$350
  • Tax Exemption Certificate - US$175
  • Company Secretary  if required - £550
  • Directors Register Maintenance - £175
Bahamas Advantages
  • Time - 3-5 days to incorporate your Bahamas company
  • Company Type - International Business Company (IBC)
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Share Capital - the share capital requirement is $5,000
  • Confidential - the names of the directors and shareholders do not appear on public record
  • Travel - there is no requirement to visit the Bahamas in order to incorporate your IBC
  • Support - using our 20 years experience we guide you throughout every step of the company formation process
Required to Proceed
  • Company Name - We can check your company name is available
  • Passport - colour scan of your passport
  • Documents - copy of a utility bill, credit card or bank statement showing your private address
  • Start now - complete here
  • Upload - proof of address & copy passport can be uploaded here