WHO WE HELP

We work with individuals and entities seeking to navigate the Caribbean real estate market.

Individuals and Families

You are looking to buy, sell, develop, or invest in Caribbean real estate and are considering a relocation for lifestyle or tax purposes. You have a pre-tax income of US $250,000 or more and/or a net worth of US $1 million or more.

Family Office and HNWIs

You seek exposure to Caribbean real estate markets and difficult-to-access opportunities. You have total assets under management exceeding USD $10+ million. Your objectives include portfolio diversification, long-term growth, and accessing exclusive investment opportunities that align with your financial goals.

Institutional Investors

You and your partners aim to source, underwrite, develop, and grow a portfolio of assets in the Caribbean. You have a $100+ million portfolio and are looking for exposure to Caribbean real estate equity and/or debt. Your focus is on identifying high-potential opportunities, managing risk, and achieving significant returns through strategic investments and developments.

Bahamas International Business Company (IBC)

Overview

 

The Bahamas International Business Company (IBC) presents an enticing proposition for global investors and businesses seeking a favorable and flexible corporate structure. With a focus on tax efficiency and regulatory ease, the Bahamas IBC regime offers a range of advantages conducive to international business operations.

Key Features and Benefits of Bahamas IBCs:

  • Tax Neutrality: Bahamas IBCs enjoy tax neutrality, meaning they are not subject to local taxes on income derived outside of the Bahamas. This includes exemptions from income tax, capital gains tax, and withholding tax on dividends, interest, and royalties.
  • Strict Confidentiality: The Bahamas upholds strict confidentiality laws, ensuring that the identities of directors and shareholders remain private, thus providing a secure environment for business activities.
  • Versatile Corporate Structure: Bahamas IBCs offer flexibility in corporate structure, allowing for a single director and shareholder, who can be individuals or corporate entities. There are no residency requirements for directors or shareholders.
  • No Exchange Controls: The Bahamas imposes no exchange controls on IBCs, facilitating the free movement of profits and capital without restrictions.
  • Minimal Reporting Requirements: Bahamas IBCs are subject to minimal reporting requirements, alleviating the burden of annual financial statements and audits, thereby streamlining compliance efforts.
  • Robust Asset Protection: The Bahamas IBC regime provides robust asset protection measures, making it an ideal vehicle for safeguarding assets and intellectual property.
  • Efficient Incorporation Process: Incorporating an IBC in the Bahamas is straightforward and efficient, typically completed within a short timeframe.

Tax Summary for Bahamas IBCs:

Tax CategoryTax Rate
Income Tax0% (on income derived outside the Bahamas)
Capital Gains Tax0%
Withholding Tax0% (on dividends, interest, and royalties)
Wealth Taxes0%
Inheritance Taxes0%

Compliance and Regulatory Requirements:

  • Registered Agent and Office: Bahamas IBCs must maintain a registered agent and office within the jurisdiction.
  • Annual Renewal: IBCs are required to renew their registration annually by paying a fixed renewal fee.
  • Record-Keeping: While Bahamas IBCs are not obligated to file annual financial statements, they must maintain proper records reflecting the company’s financial status.

Incorporation Process:

  1. Select a Company Name: Choose a unique name that is distinguishable from existing entities registered in the Bahamas.
  2. Prepare and Submit Documentation: Submit the necessary incorporation documents, including Memorandum and Articles of Association, to the Bahamas Registrar of Companies.
  3. Appoint Directors and Shareholders: Provide details of appointed directors and shareholders, with no residency requirements for either position.
  4. Payment of Fees: Pay the required incorporation and annual renewal fees to the Bahamas Registrar of Companies.
  5. Receipt of Certificate of Incorporation: Upon approval, the Bahamas Registrar of Companies issues the Certificate of Incorporation, officially recognizing the establishment of the IBC.

Applications of Bahamas IBCs:

 

  • Holding Company: Bahamas IBCs serve as effective vehicles for holding shares in other companies, real estate assets, intellectual property, and diverse investments.
  • Trading Company: Suitable for engaging in international trade and commerce, Bahamas IBCs capitalize on tax exemptions applicable to foreign-sourced income.
  • Service Company: Bahamas IBCs facilitate the provision of consultancy, management, and other professional services on a global scale.
  • Asset Protection: Utilized for shielding personal and corporate assets from legal disputes and creditor claims.

Conclusion

 

The Bahamas IBC regime presents a compelling proposition for international businesses and investors seeking to optimize tax efficiency and operational flexibility. With its tax neutrality, confidentiality provisions, and streamlined incorporation process, the Bahamas emerges as a premier jurisdiction for establishing an International Business Company.

Explore the Advantages of Bahamas IBCs Today

We specialize in assisting clients in establishing IBCs in favorable jurisdictions. If you are an entrepreneur or investor seeking to leverage the benefits of the Bahamas IBC regime, our expert team can guide you through the process, ensuring compliance and maximizing your financial advantages.

Unlock Your Business Potential Now. Contact us to embark on your journey towards substantial tax savings and operational efficiency with a Bahamas IBC.

Frequently Asked Questions

The Bahamas offers an advantageous environment for international business due to its tax neutrality, strict confidentiality laws, and flexible corporate structures. With no local taxes on foreign-sourced income, no exchange controls, and minimal reporting requirements, the Bahamas provides a streamlined and efficient framework for global investors and businesses.

Incorporating a Bahamas IBC is typically a quick and straightforward process, often completed within a few business days. It involves choosing a unique company name, submitting the required incorporation documents to the Bahamas Registrar of Companies, appointing directors and shareholders, and paying the necessary fees. Upon approval, the Registrar issues the Certificate of Incorporation, officially recognizing the entity.

The Bahamas has strict confidentiality laws that protect the identities of directors and shareholders, ensuring a high level of privacy for business operations. These confidentiality measures are particularly appealing for investors seeking to safeguard sensitive information while conducting international business.

 

Bahamas IBCs benefit from complete tax neutrality, meaning they are not subject to local income tax, capital gains tax, withholding tax, or inheritance tax on income derived outside of the Bahamas. Additionally, the absence of exchange controls allows IBCs to freely move profits and capital without restrictions.

 

While the Bahamas has local banking options, most IBCs establish accounts with international banks in major financial hubs like the US, Europe, or Asia. This enables access to multi-currency accounts, efficient international transfers, and advanced banking services. The Bahamas’ strong reputation as an offshore jurisdiction ensures that IBCs are generally well-accepted by global banks, facilitating seamless financial operations.

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