Bahama Islands

International Business Company (IBC) in the Bahamas. The minimum number of directors and shareholders is one director and one shareholder who can be both individual person and legal entity, resident or non-resident.

There aren't any limitations for IBC: authorized capital is not fixed and there is no specific term for payment of declared authorized capital. Standard declared authorized capital – $ 50 000 which is divided into shares with par value of $ 1. The minimum issued capital is one share with (without) the nominal value.


There aren’t tax on profit, tax on capital gains, gift tax and inheritance tax. Non-resident companies (offshore) are required to annually pay a fixed fee to the budget. The amount of the fee depends on the authorized capital of the company:

  • Declared authorized capital is less than or equal to $ 50 000. The fee to the budget is $ 350 per year;
  • Declared authorized capital is more than $ 50 000. The fee to the budget is $ 1 000 per year.

Accounting and audit.

The legislation doesn't involve submitting reports and performance of an audit for IBC companies.

There isn’t a public register of companies. Information about the directors and shareholders of companies is publicly inaccessible.


  • Exemption from taxes;
  • IBC can be used for international trade;
  • There aren’t requirements to prepare and submit financial statements;
  • There isn't an public information about the directors and shareholders of the company.


  • Offshore jurisdiction is in the black list of many governmental and international organizations. This means that these countries pay more attention to the offshore companies.

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