It takes 24 to 48 hours to incorporate an IBC.
Our minimum incorporation fee is $700 (exclusive of disbursements).
Our minimum incorporation fee is $1000 (exclusive of disbursements).
An IBC must have at least one (1) Director.
The names of the shareholder(s) of an IBC do not appear on a public register.
The register of directors and officers must be filed at the Companies Registry.
Yes, an IBC must have a registered office and registered agent in The Bahamas.
The annual fee to maintain an IBC is $850 (authorised capital $50,000 or below) or $1,500 (authorised capital more than $50,000).
The annual fee to maintain a Company under the provisions of the Companies Act is $950 (if Company more than 60% Bahamian owned) or $1,600 (if Company less than 60% Bahamian owned).
A simple liquidation can be accomplished in a matter of approximately four (4) weeks.