RSS |
Corporate Acts International Business Companies Act 1989 (No. 2 of 1990) as amended; An International Business Company has all the powers of a natural person. The time taken to incorporate an IBC in Bahamas is two days, |
but a further five working days are required by the Registrar for the production and release of the Certificate of Incorporation and certified copy of the Memorandum and Articles of Association.
Bahamas International Business Companies
|
Common or Civil Law |
Common |
| Taxation on Foreign Profits | NIL |
| Bearer Shares | Permitted |
|
Disclosure of Ownership |
No |
|
Minimum Paid up Capital |
USD 1 |
|
Standard Authorised Capital |
$ 5000 |
|
Minimum Number of Directors |
1 |
|
Minimum Number of Shareholders |
1 |
|
Local Directors |
Not Required |
|
Corporate Directors |
Permitted |
|
Company Secretary |
Not Required |
|
Company Seal |
Yes |
|
Public Register of Directors |
Optional |
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