Bahamas company formation is a tax-efficient way for entrepreneurs to conduct international business. The following information will help you determine whether Bahamas company formation is the optimum corporate structure to fulfil your international business objectives: |
|
| Advantages of Bahamas Company Formation | |
1. |
Bahamas company formation is the ideal corporate structure to use when conducting business in North America. |
2. |
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. |
3. |
Bahamas company formation is cost-effective and fast. There are no minimum capital requirements for Bahamas company formation. |
4.
|
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. |
5. |
Following Bahamas company formation, directors and shareholders details are not available for public viewing. |
6.
|
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. |
7.
|
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. |
8.
|
Following Bahamas company formation, neither an annual return nor an audit is required, unless specified in the company's Articles of Association. |
| Disadvantages of Bahamas Company Formation | |
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. |
| Other Information | |
| Refer to the following links to read more information on Bahamas company formation: | |
| Contact Us | |
For more information on Bahamas company formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120. |
|
Back to Americas Company Incorporation page. |
|
| Back to Home page. | |
|
|---|
ENGAGEMENT COSTS Year 1 incorporation US$ 2,400* Year 2 incorporation US$1,500 * Nominee shareholder Company de-registration *Includes government licence fees, registered office for 12 months, Company secretary fees for 12 months. **Excludes US$1,100 refundable deposit. |
|---|
| © 2003 Healy Consultants Pte Ltd | AMERICAS COMPANY SET UP SERVICES |