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Bahamas Company Formations

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The Bahamas issituated in the heart of the Caribbean in close proximity to Miami. It isEnglish speaking and also a Sovereign country . It has a democratic electedGovernment.

Its legal systemis derived from the United Kingdom, and it is highly respected as an offshorefinancial centre.

The population ofthe Bahamas is 350,000 , and the capital is Nassau.

Set out below aresome of the key features of company formation in the Bahamas

Minimum subscribed members one
Minimum number of directors one
Need for directors to be locally based no
Company Secretary Requirement no
Usual Authorised Share Capital US$ 50,000
Paid up Share Capital requirement US$ 1
CorporationTax nil
Government Fee US$ 350
Accounts Required Yes
Requirement to file accounts No
Audit Required No
Annual Return No

The Bahamas hasno Capital Gains Tax, Inheritance Tax or Income Tax

We at RoyalCompany Formations would be happy to assist you in all your Corporate needs inthe Bahamas