Business Registration Form a the Government of the Bahamas Forms Bahamas Gov
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People also ask
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Can a US citizen start a business in the Bahamas?
The Commonwealth of The Bahamas welcomes International Investors who wish to establish a business in The Bahamas. All non-Bahamians or Permanent Residents seeking to do business in The Bahamas must submit a Project Proposal to the Bahamas Investment Authority (BIA).
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How much does it cost to register a business in the Bahamas?
Fees and timelines in 2023 Incorporation costs in Year 1 amount to US$4,800 and annual company costs in Year 2 and thereafter amount to US$1,800. The average fee per Bahamas engagement amounts to US$12,300, which includes company incorporation and opening a local corporate bank account, and all government fees.
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How do I register my business in The Bahamas?
Under the Business Licence Act, businesses operating in the Bahamas are required to obtain an annual business licence and pay annual licence fees. Once the BIA approval is obtained and the requisite entity is formed, the company must apply for the requisite business licence from the Business Licence Unit (BLU).
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How much does it cost to register a company in the Bahamas?
Applications are processed between one (1) and seven (7) working days of submission of completed supporting documents. There are no deadlines for this service. An incorporation fee of $330.00 applies for all regular companies.
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How do I set up a limited company in The Bahamas?
Step 1: Choosing a suitable corporate entity Step 2: Reserving of the company name. Step 3: Foreign company registration in the Bahamas. Step 4: Corporate bank account opening. Step 5: Obtaining business licenses. Step 6: Staying compliant with regulatory obligations.
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How do I change my name in the Bahamas?
Apply In-Person For Change of Name the applicant will have to seek the assistance of an attorney to draw up the deed poll document. A notice of “intent to change name by deed poll” is then posted in the Guardian and Tribune (daily papers) by the attorney or applicant.
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How do I register my business in the Bahamas?
Step 1: Choosing a suitable corporate entity Step 2: Reserving of the company name. Step 3: Foreign company registration in the Bahamas. Step 4: Corporate bank account opening. Step 5: Obtaining business licenses. Step 6: Staying compliant with regulatory obligations.
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How do I change my business name in The Bahamas?
This service is accessible at the Corporate Registry of the Registrar General's Department. You must have a business name. The applicant should complete Business Name Form and submit the completed form at the counter at the Company's Section at the Registrar General's Department and pay the relevant fee.
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How do I set up an LLC in the Bahamas?
The steps to set up your Bahamas subsidiary as an LLC include: Obtaining approval from The Bahamas Investment Authority (BIA) Submitting a comprehensive project proposal. Paying the minimum capital investment of 50,000 Bahamian dollars. Registering your business with The Bahamas' Registrar General Department.
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How much does it cost to register a business in The Bahamas?
Fees and timelines in 2023 Incorporation costs in Year 1 amount to US$4,800 and annual company costs in Year 2 and thereafter amount to US$1,800. The average fee per Bahamas engagement amounts to US$12,300, which includes company incorporation and opening a local corporate bank account, and all government fees.
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