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Foundations Bahamas
 
   
Foundations worldwide
British Virgin Islands
Bahamas
Switzerland
Hongkong

The Bahamas are an independent archipelago in the Caribbean Sea, consisting of 690 islands with approximately 290.000 inhabitants. The capital Nassau is situated on New Providence Island and is simultaneously the financial and economical centre of the Bahamas.

There are no corporation, income, source or heritage taxes. This makes the Bahamas not only interesting for offshore companies but overall a classical zero tax oasis.

The Bahamas possess an outstanding banking system. In total there are about 400 national and international banks. Due to this, the Bahamas are an internationally admitted finance place in addition to being an ideal offshore location.



The uncomplicated foundation of International Business Companies (IBC) and the bank secret, which is even broader than the Swiss one, are the Bahamas' most significant advantages.

Presently, there are no indications that these advantages for European investors will be disappearing any time soon.

Because the Bahamas cooperate with the US in nearly all aspects of penalty and tax laws there's no pressure to change the conditions for Europeans in the near future.

European countries only receive administrative assistance on occasion of severe crimes such as terrorism, arm and drug trade or child abuse.

Cooperation with European tax authorities doesn't exist in any form.

The Bahamas are the ideal place for founders who wish to secure their assets, international shares and money from any access for a long time and in absolute discretion.

 

Bahamas Fact Sheet

legal form IBC (International Business Company)
political background Independent state of the Commonwealth
working range The company can operate worldwide, except for the Bahamas.
taxes 350,- USD a year as registration fee. No taxes on international income.
possible denominations Ltd., Inc., Corporation, S.A., GmbH, AG
public shareholders register? No
public managers register? Yes (local)
min number of managers 1
min number of stakeholders 1
Company Secretary required? No, but recommended
legal person as director possible? Yes
duration of foundation 10 Days
 
 
   

 

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