Bahamas

CORPORATE INFORMATION

Type of entityBC
Type of lawCommon
Shelf company availabilityYes
Our time to establish a new company2 days
Minimum government fees (excluding taxation)US $350
Corporate TaxationNil
Double taxation treaty accessNo

SHARE CAPITAL OR EQUIVALENT

Standard currencyUS $
Permitted currenciesAny
Minimum paid upUS $1
Standard Share CapitalUS $50,000

DIRECTORS

Minimum number1
Local requiredNo
Publicly accessible recordsYes
Location of meetingsAnywhere

SHAREHOLDERS

Minimum number1
Publicly accessible recordsNo
Location of meetingsAnywhere

COMPANY SECRETARY

RequiredOptional
Local or qualifiedNo

ACCOUNTS

Requirement to prepareYes
Audit requirementsNo
Requirement to file accountsNo
Publicly accessible accountsNo

OTHER

Requirement to file annual returnNo
Change in domicile permittedYes