Bahamas company formation is the ideal corporate structure to use when conducting business in North America.

Bahamas company formation allows entrepreneurs to legitimately conduct international business without paying corporation tax. Bahamas is positively ranked as the world's 24th freest economy in the Heritage Foudation's 2008 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets.

Bahamas company formation is cost-effective and fast. There are no minimum capital requirements for Bahamas company formation.

A minimum of one shareholder and one director is required for Bahamas company formation with the directors not requiring residence in the Bahamas. Corporate directors are permitted.

Following Bahamas company formation, directors and shareholders details are not available for public viewing.

It is easy to open global corporate bank accounts to support Bahamas company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Under the Bahamas International Business Companies Act, a Bahamas company requires a registered office. However, it is not required to have a physical presence in The Bahamas. Healy Consultants offers virtual office services to support Bahamas company formation.

Following Bahamas company formation, neither an annual return nor an audit is required, unless specified in the company's Articles of Association.

1.

Bahamas company formation has a negative stigma since the Bahamas is perceived as an offshore tax-haven.

2.

Along with other offshore tax havens, the Bahamas is under pressure from bodies, such as the Organisation for Economic Cooperation and Development (OECD) and the state taxation offices of many countries, to disclose previously confidential information on bank account holders.