Bahamas IBC Formation
Register a Company in Bahamas in 2-3 days with tax advantages, asset protection, and expert support for a smooth incorporation process.
About Bahamas
Bahamas Offshore Company Registration
For entrepreneurs and investors seeking a trusted Caribbean base, a Bahamas offshore company provides speed, certainty, and international recognition. The Bahamas IBC is structured under the International Business Companies Act Of Bahamas, a framework that guarantees exemption from corporate income tax, capital gains tax, and withholding tax. This grounding in offshore law ensures that a Bahamas IBC remains one of the most predictable and secure offshore vehicles in the region.
Incorporation is efficient, often completed within 24 to 48 hours, with electronic corporate documents issued immediately. A Bahamas offshore company can be fully foreign-owned, faces no currency restrictions, and does not require local directors, making it ideal for global trade, asset protection, or wealth planning.
Privacy is another advantage of Bahamas company formation. Details of shareholders and directors do not appear in public registries, offering confidentiality while remaining aligned with international compliance standards. With a strong English common law system, political stability, and modern corporate laws, the Bahamas stands as one of the most respected offshore jurisdictions worldwide.
Benefits
Register a Company in the Bahamas
Tax-free structure
A Bahamas IBC pays no income, capital gains, or withholding tax, ensuring true zero-tax offshore company formation.
Fast incorporation
Bahamas offshore company registration can be completed in just 24–48 hours.
No audit requirements
Most Bahamas IBCs are not subject to mandatory audits, reducing compliance costs.
Currency freedom
A Bahamas company may hold bank accounts and transact in any currency worldwide.
100% foreign ownership
Investors can fully own a Bahamas IBC without needing local partners.
Stable legal system
As a common law jurisdiction with a strong financial services sector, the Bahamas provides long-term security.
Features – Bahamas International Business Company (IBC)
Offshore Company Registration in The Bahamas
Quick setup
Incorporation of a Bahamas IBC is typically finalized in 2 business days.
Custom packages
From holding companies to asset protection structures, Bahamas IBCs can be tailored to investor needs.
Transparent fees
Annual renewals and filings are straightforward with no hidden charges.
Ready-made entities
Pre-incorporated Bahamas IBCs are available for immediate use.
Comprehensive services
Company formation and Bahamas bank account support provided under one process.
Business Company
Bahamas Company Formation Packages
Basic
$1,390
Annual Renewal: USD 1,120
Unlimited Name Availability Check: Ensure your chosen company name is unique and available.
Document Preparation and Filing: All necessary documentation is prepared and submitted on your behalf.
Expedited Incorporation Process: Company incorporation completed efficiently.
One Year of Secretarial Services: Comprehensive company secretarial support for one year.
One Year Registered Agent and Address: Provision of a local registered agent and address for one year.
All Government Fees Included for One Year: Covers all government-related fees for the first year.
Digital Corporate Documents: Receive all essential corporate documents in digital format.
This package provides all the necessary services for a foreigner to establish a new Bahamas International Business Company (IBC) from start to finish.
Standard
$1,590
Annual Renewal: USD 1,120
All Core Services from the Basic Package Included: This package builds on the Basic tier and includes everything needed to successfully set up your Bahamas IBC from start to finish.
One Bank Account Application Included: After your company is incorporated, we assist with one full application to a supported bank.
OVZA’s Service Fee Fully Covered: Our bank account opening support fee is included in this package—no additional OVZA charges.
Bank Introduction: We introduce your company to a reputable bank we work closely with and provide hands-on guidance throughout the application process.
Premium
$1,690
Annual Renewal: USD 1,120
Everything in the Standard and Basic Packages Included: Includes full company formation, one initial bank application, and our standard bank account support.
Premium Bank Support – Up to 5 Applications: We apply to up to 5 different banks on your behalf, stopping as soon as the first approval is received.
All OVZA Application Fees Covered (Up to 5 Banks): Our bank account opening service fees are fully covered for each application—up to five total.
Bank Matched to Your Industry or Needs: We’ll recommend and apply to banks that best suit your business model, region, or niche industry requirements.
Fast Response Time: As a Premium client, you’ll usually receive a reply from our team within 30 minutes—including during evenings and weekends.
Frequent Progress Updates: We keep you informed every step of the way with regular updates on your bank applications and overall progress.
Refund Guarantee
We offer a full refund, no questions asked, if we have not yet started the company. Read our policy
Offshore Company Incorporation Process
Steps to Register a Bahamas IBC
Step 1
Select Your Service Package
Choose the package that suits your needs. The Basic package includes full Bahamas IBC registration. The Standard package adds one offshore bank account application, while the Premium package includes priority handling and up to five account applications. You may also select whether to use our network of notaries or provide your own notarized KYC documents for your Bahamas company registration.
Step 2
Complete Payment
Confirm your order through our secure checkout, protected with TLS/SSL and 256-bit encryption. Once payment is received, we file your Bahamas offshore company with the Companies Registry. If banking assistance is selected, your bank account application begins in parallel. Multiple payment methods are accepted, including Visa, Mastercard, mobile wallets, and more than 300 cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC.
Step 3
Submit and Verify Documents
Provide a copy of your passport and proof of address to meet compliance standards. If you select our notary service, we handle legalization; otherwise, you may submit notarized documents directly. Our legal team verifies your KYC to ensure smooth Bahamas IBC formation.
Step 4
Finalize Company Registration
Bahamas KYC Requirements
In Bahamas, all individuals and entities must submit KYC documents to complete company registration. Below, you’ll find a list of the required documents.
All Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact Persons are required to submit the following documentation.
Proof of Identity
A notarized true copy of a valid passport, notarized within the last 3 months, provided as a scanned copy
Proof of Address
A notarized true copy (scanned) of a proof of address is required. Acceptable documents include:
- Bank reference letter or bank statement
- Utility bill (electricity, water, gas, internet, etc.)
- Driver’s license
- Any other official document issued by a government or financial institution
The document must clearly show the holder’s full name and physical residential address in English. P.O. Box addresses are not accepted.
All documents must be dated within the last 3 months.
To verify the identity of a corporation or legal entity, company formation documents must be provided along with proof of identity for all relevant members.
Company Documents
The following certified true copies of company documents are required:
- Certificate of Incorporation
- Memorandum and Articles of Association (or Constitution)
- Register of Directors
- Register of Shareholders or Ultimate Beneficial Owners (UBOs)
Company Members
All individuals associated with the corporation—including Directors, Shareholders, and Ultimate Beneficial Owners (UBOs)—are required to provide valid proof of identity and proof of address.
Frequently Asked Questions
How do I register an offshore company in Bahamas?
To register a company in Bahamas with OVZA, you must select a unique company name, appoint at least one director and one shareholder, and submit the necessary incorporation documents to the Registrar General’s Department. The incorporation process typically takes two to five business days if all documents are in order. Offshore companies must also have a registered agent and office in the Bahamas.
What are the benefits of registering an offshore Company in the Bahamas?
The Bahamas offers a tax-neutral environment with zero corporate taxes, strong privacy protections, and a stable political climate. Offshore companies enjoy full foreign ownership, no exchange controls, and minimal reporting requirements. The jurisdiction has a well-developed financial services sector and a legal system based on English common law, providing a reliable framework for business operations. The country’s banking infrastructure is internationally recognized, offering a wide range of financial services tailored to offshore businesses. These advantages make Bahamas company registration a highly attractive option for entrepreneurs and international investors seeking efficiency, security, and long-term stability.
What type of offshore companies can be formed in the Bahamas?
The most common structure is the International Business Company (IBC), governed by the International Business Companies Act. IBCs are widely used for international trade, investment holding, asset protection, and wealth management. Other structures include Limited Liability Companies (LLCs) and Exempted Limited Partnerships (ELPs), each designed to meet different business and investment needs.
What documents are required to register an offshore company in the Bahamas?
To incorporate an IBC in the Bahamas, the required documents include a copy of the passport for each director and shareholder, proof of address such as a utility bill or bank statement, proposed company name and details of the business structure, and the Memorandum and Articles of Association. Additionally, the company must maintain a registered agent and a registered office within the Bahamas, in accordance with the requirements of the Registrar General’s Department.
Do I have to pay taxes if I register a company in Bahamas?
No, if you register a company in Bahamas as an International Business Company (IBC), you will benefit from a complete tax exemption. This includes no corporate income tax, capital gains tax, or withholding tax on dividends, interest, or royalties. This tax-free status is guaranteed under the International Business Companies Act. However, it’s essential to remain compliant with the tax laws in your home country or any other countries where you conduct business.
Are bearer shares permitted if I register a company in the Bahamas?
What is the renewal process for a company I register in the Bahamas?
When you register a company in Bahamas, you are required to renew its registration annually. This involves paying the government renewal fee and ensuring ongoing compliance with local regulations, including maintaining a registered agent and a registered office within the Bahamas. The renewal process is overseen by the Bahamas Registrar of Companies, operating under the Registrar General’s Department, which ensures that all companies remain in good standing and fulfill their statutory obligations.
Does the Bahamas impose taxes on offshore companies?
No, offshore companies in the Bahamas are fully exempt from corporate tax, income tax, capital gains tax, and inheritance tax. This tax-free status is a key advantage of incorporating in the Bahamas, attracting international investors and businesses seeking asset protection and wealth management solutions.
Are there foreign currency restrictions in the Bahamas?
There are no foreign currency restrictions in the Bahamas, allowing offshore companies to conduct transactions in any currency without limitations. The Bahamian dollar is pegged to the US dollar, which is widely accepted throughout the country, providing a stable financial environment for international businesses. All company-related filings and compliance matters are handled through the Bahamas Business Registry, which supports the smooth operation of cross-border transactions within this flexible regulatory framework.
Do Bahamas offshore companies have access to double-taxation treaties?
No. Bahamas IBCs are excluded from all bilateral tax treaties, ensuring their tax-neutral status remains uncompromised. Investors are taxed only in their home jurisdictions.
What are the annual fees and compliance obligations for a Bahamas IBC?
- Government fee: USD 350–1,000 based on authorized share capital, renewable annually.
- No audit or statutory filing of accounts; records are maintained at the registered office only.
- No annual returns or public disclosure of directors/shareholders.
- Anti-money laundering due diligence and beneficial-ownership registration with the Registrar General.
What are the annual compliance requirements for a Bahamas IBC?
A Bahamas IBC must renew its registration annually, maintain a registered agent and a registered office within the Bahamas, and keep internal financial records. Unlike domestic companies, offshore entities are not required to file financial statements or undergo audits unless they engage in regulated activities such as banking or insurance. The Bahamas Business Registry oversees these compliance requirements, ensuring that companies remain in good standing while benefiting from a streamlined regulatory environment with minimal bureaucratic burden.
Is there a requirement to file annual financial statements?
No, offshore companies in the Bahamas are not required to file annual financial statements. This significantly reduces ongoing compliance obligations and administrative costs. However, companies are encouraged to maintain internal financial records to meet potential regulatory requirements, particularly if they engage in international transactions or banking activities.
Is it possible to open an offshore bank account for a Bahamas IBC?
Yes, a Bahamas IBC can open offshore bank accounts in international financial centers such as Switzerland, Hong Kong, Singapore, and the Caribbean. The Bahamas itself is home to a robust banking sector that caters to offshore companies, offering multi-currency accounts, online banking, and strong confidentiality protections. The Central Bank of the Bahamas regulates financial institutions to ensure stability and security.
What documents are required to open a bank account for a Bahamas offshore company?
Most banks require a Certificate of Incorporation, the Memorandum and Articles of Association, a resolution appointing authorized signatories, passport copies of directors and shareholders, proof of address, and a business plan or nature of business statement. Additional compliance documents may be required depending on the bank’s jurisdiction and regulatory policies.
Banking institutions follow Know Your Customer (KYC) and anti-money laundering (AML) regulations as mandated by the Central Bank of the Bahamas.
Can a Bahamas IBC open a bank account remotely?
Yes, many offshore banks allow Bahamas IBCs to open accounts remotely without requiring a physical visit. The process varies by bank but typically involves submitting notarized or apostilled documents, completing a video verification, or providing an introduction from a licensed corporate service provider. Some institutions may also request a reference letter from an existing financial institution to finalize the onboarding process. As part of the Bahamas company registration process, proper documentation and compliance preparation can significantly streamline bank account approval.
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