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Fees and timelines in 2021

Fees

payment by instalmentIncorporation costs in Year 1 amount to US$3,800 and annual company costs in Year 2 and thereafter amount to US$1,800. The average fee per Bahamas engagement amounts to US$10,950, which includes company incorporation and opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.

Different Bahamas entity typesCostDraft invoice
IBCUS$10,950View invoice PDF
LLCUS$11,450View invoice PDF
PLCUS$12,450View invoice PDF
Branch OfficeUS$12,100View invoice PDF
Representative OfficeUS$8,100View invoice PDF
Smart fundUS$27,655View invoice PDF

Click here to create your own Bahamas invoice

Other fee considerations

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
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