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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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