Frequently Asked Questions about Bahamas
The following are some of the most frequently asked questions about Bahamas company formation:
How long does it take to incorporate a Bahamas company?
What are the problems of setting up a Bahamas company?
How difficult is it to open a corporate bank account for a Bahamas company?
Am I required to visit Bahamas to incorporate a company there?
What is the minimum number of directors required for a Bahamas company?
Can my company be 100% foreign-owned?
Is a resident director required?
What is the minimum number of shareholders required for a Bahamas company?
Are shareholder/director details available for public viewing?
What are the minimum capital requirements for a Bahamas company?
Is a Bahamas company required to submit an annual return and/or financial statements?
How long does it take to incorporate a Bahamas company?
Setting up a Bahamas company can be completed within five working days once all required information and documents have given to us.
What are the problems of setting up a Bahamas company?
A Bahamas company is seen as an offshore tax haven.
How difficult is it to open a corporate bank account for a Bahamas company?
It is very easy to open a corporate bank account with a reputable international bank in the Bahamas.
Am I required to visit Bahamas to incorporate a company there?
No. Healy Consultants can legally incorporate your Bahamas company without you needing to travel.
What is the minimum number of directors required for a Bahamas company?
In order to form a Bahamas company, a minimum of one director is required.
Can my company be 100% foreign-owned?
100% foreign ownership is allowed for all companies incorporated in the Bahamas.
Is a resident director required?
No.
What is the minimum number of shareholders required for a Bahamas company?
A Bahamas company requires a minimum of one shareholder.
Are shareholder/director details available for public viewing?
No, shareholder and director details are not available for public viewing.
What are the minimum capital requirements for a Bahamas company?
A Bahamas company does not require a minimum share.
Is a Bahamas company required to submit an annual return and/or financial statements?
A Bahamas company is not obliged to submit an annual return and/or financial statements, unless specified in the Articles of Association.
Contact Us
For more information on any of our Bahamas corporate services, please email email@healyconsultants.com or telephone us at (+65) 6735 0120.
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