Registrstion of offshore in the Bahamas

A stable and developed economy
Low cost of annual support
Zero tax rate
A fairly inexpensive company registration service
No reporting requirements
High level of privacy
General information about the Bahamas

The Bahamas (officially the Commonwealth of the Bahamas) is an archipelago in the Atlantic Ocean with more than 700 coral islands. The Bahamas is one of the popular offshore jurisdictions where there is zero taxation and there are no requirements for filing the company's financial statements. The country maintains a high confidentiality of commercial data, and the companies themselves register in just a couple of days.

It is profitable for non-residents to open international business companies (IBC).

Capital - Nassau
Currency - Bahamas Dollar
Official language – English
    Features of registration of an international company in the Bahamas

    1. Any activity that is not in contravention of Bahamas law is permitted;
    2. It is necessary to have a registered office of the company and a registration agent;
    3. There are no requirements for the size and mandatory payment of share capital;
    4. Minimum number of shareholders and directors - one each (both physical and legal persons, residents/non-residents);
    5. The right to issue name shares with or without face value;
    6. It is necessary to maintain a register of shareholders and meeting protocols;
    7. Privacy;
    8. Shareholder meetings can be held in any country;
    9. There are no requirements for conducting and filing financial statements;
    10. The company's registration process takes only a couple of days.

    Offshore companies open in the Bahamas are prohibited:

    • To do business with residents;
    • To own real estate in the Bahamas (you can only rent an office building);
    • It is forbidden to transfer the company's legal address to other companies;
    • It is forbidden to involve resident companies in administrative management.

    However, Bahamian offshore companies may own shares of other companies that are registered in the Bahamas. It is also allowed to open a bank account and involve local lawyers to deal with certain issues.

    If you do not want to spend your time on the registration of the company, we offer to buy a ready-made offshore company in the Bahamas. You can leave a request on our website and we will call you back to answer all your questions.
        How to register an offshore company in the Bahamas

        Let's consider the offshore registration process in the Bahamas:

        Stage 1: Choose and approve the unique name of the company;
        Stage 2: Identify the company's activities;
        Stage 3: Register the company's legal address;
        Stage 4: Prepare the necessary documents for registration;
        Stage 5: Pay registration fees and fees;
        Stage 6: Register the company in the public registry.

        Standard document package for registration:

        1. The original registration certificate;
        2. Constituent Treaty and Charter;
        3. Share Certificate form;
        4. The minutes of the first meeting;
        5. Register of Directors and Shareholders;
        6. The document on the appointment of the first director of the company;
        7. Stamp.

        If you use a nominal service, you need to provide additional documents:

        • Resolution on the issuance of a general power of attorney;
        • General power of attorney;
        • Shareholder's Trust Declaration.

        Our company "Profit Rise" accompanies the client throughout the process of registering an offshore company in the Bahamas in order to avoid any errors in the collection and filing of documents for the opening of the company. We fully take care of the preparation and collection of all necessary documents. We also provide services to support foreign firms after they are opened.
          Taxation and financial reporting for companies in the Bahamas

          Companies that do business outside the Bahamas are exempt from paying taxes. Only the annual state fee for extending the company's registration is due (with a share capital of up to $50,000 the contribution is $350).

          There are no requirements for annual financial statements and auditing.

          Profit Rise has more than 5 years of professional experience on the market. Our specialists have been helping our clients in starting an offshore business for many years. We also provide accounting services for already opened companies abroad. In order to get all the additional information about the process of registering an offshore company in the Bahamas, leave an application on our website and we will contact you in the near future.
            First consultation is free
            Leave an application and we will call you back to answer all the questions
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