The Bahamas are a group of more than 700 islands located from Caribbean Sea to the South East of Florida, USA and have been an independent member of the British Commonwealth since 1973.
The Bahamas Companies Act is regulated by the Bahamas IBC Act which in turn is based on the BVI IBC Act. The Bahamas IBC Act permits related persons to set up special purpose vehicles (SPV), i.e. finite companies.
- There shall be at least one shareholder, and bearer shares cannot be issued
- It is required to appoint at least one director
- The company shall have a common seal, and provide its specimen to the Companies Registry
Standard Registered Capital
Required Information and Time for Incorporation
- Company name in Chinese and English
- Original copy of directors and company originators' ID card or passport, or certified copy by certified public accountants, lawyers and notaries
- Original copy of proof of address of the directors for the last 3 months (such as bank statements, utilities bills, gas bills, landline phone bills, etc.) or certified copy by certified public accountants, lawyers, and notaries
- The registration takes about 30 working days (after the particulars are fully collected and due diligence is passed)
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