Bahamas
Premier Financial Center of the Caribbean
Bahamas charges 0% corporate tax. Incorporation in 10-15 days. Suited to high net worth private banking. Caveat: high cost of living and operation.
Bahamas is the most sophisticated financial center in the Caribbean, with first-class banking infrastructure, zero taxation and strong private banking tradition.
Taxation
0%
Setup Timeline
10-15 days
Banking Access
Stability
Strategic Overview
Understand the positioning and differentials of this jurisdiction
Bahamas is the most sophisticated financial center in the Caribbean, with first-class banking infrastructure, zero taxation and strong private banking tradition.
Ideal Profile
Who this jurisdiction is best suited for
High net worth private banking
Investment funds
Sophisticated family structures
Premium tax residency
Competitive Advantages
Key benefits for structuring
Most developed banking infrastructure in the Caribbean
Presence of major international banks
No income tax, capital gains or inheritance tax
Investor residency program
Key Considerations
Important aspects to consider
High cost of living and operation
More rigorous compliance than other islands
Vulnerable to hurricanes
Banking Infrastructure
Banking options and financial access
- Credit Suisse (UBS), Pictet, Royal Bank of Canada, Julius Baer
Frequently Asked Questions
Objective answers about structuring in Bahamas
What are the advantages of opening a company in the Bahamas?
0% income/corporate/capital gains tax, proximity to the US, strong banking sector, IBC popular for holdings and asset protection.
How much does it cost to open and maintain a company in the Bahamas?
Setup: US$ 1,500-3,000. Annual maintenance: US$ 1,000-2,000. Banking costs can be higher due to strict KYC.
Do the Bahamas tax profits or dividends?
No corporate income tax or dividend withholding for IBCs on foreign income. Some regulatory fees apply.
Do I need a local director or office in the Bahamas?
No resident director requirement; registered agent and local address are required.
Do the Bahamas participate in CRS?
The Bahamas joined CRS for financial institutions. Some legacy structures may have less reporting but must be declared in the country of residence.
What is the incorporation timeline in the Bahamas?
2-5 business days with KYC. Bank account may take 4-8 weeks due to enhanced due diligence.
Are the Bahamas suitable for banking and asset protection?
Yes, solid banking and zero-tax regime attract holdings and protection structures. KYC is strict and requires full documentation.
How to report a Bahamian company in Brazil?
Report shareholding in the Brazilian tax return; CBE/DCBE if foreign assets > US$100K. Retained earnings may trigger Brazilian CFC rules.
Ready to Structure?
Get expert guidance on the best structure for your objectives.
Related jurisdictions
People comparing this jurisdiction usually also evaluate: