Fees and timelines in 2024

Fees

payment by instalmentThe average fee per Bahamas engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Bahamas entity types Cost Draft invoice
IBC US$12,300 View invoice PDF
LLC US$11,450 View invoice PDF
PLC US$12,450 View invoice PDF
Branch Office US$12,100 View invoice PDF
Representative Office US$8,100 View invoice PDF
Smart fund US$27,655 View invoice PDF
Private foundation US$18,080 View invoice PDF

Click here to create your own Bahamas invoice

Timelines

The average Bahamas company registration period is 12 weeks as outlined below:

bahamas business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Bahamas, please contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal