Discover a seamless Bahamas company registration process with Fionza Consultants. Our comprehensive Bahamas company formation package is designed to guide you through each step of establishing your new corporate home. To ensure a successful company formation, follow this guide:
Step 1: Choosing a Suitable Corporate Entity Rely on our dedicated consultants to recommend the most suitable corporate entity based on your business goals and activities. We’ll guide you on paid-up share capital, corporate structure, legislations, and the need for any required licenses.
Step 2: Reservation of Company Name Fionza Consultants will efficiently reserve your preferred company name with the Registrar General’s Department.
Step 3: Preparation of Supporting Documents Provide the required KYC documents, including director names and identification proof. Fionza Consultants will draft and notarize the company’s Memorandum and Articles of Association, and other necessary incorporation documents based on your business activity and corporate structure.
Step 4: Filing to Register Company in Bahamas We’ll ensure compliance by providing a registered office and agent. Once approved by the Registry, Fionza Consultants will courier the Certificate of Incorporation and relevant documents to your preferred address.
Step 5: Corporate Bank Account Opening Benefit from our assistance in opening a corporate bank account, with partnerships established with reputable banks in The Bahamas. We can also arrange offshore bank accounts in jurisdictions like Hong Kong, the United States, or New Zealand. Corporate bank account opening typically takes four weeks.
Step 6: Business Licenses Ensure smooth business operations by processing the relevant application with the Department of Inland Revenue for a business license. We’ll handle the application process, renewals, and annual fees to keep your business compliant.
Step 7: Financial Reporting and Taxation Obligations Count on Fionza Consultants for ongoing accounting and tax services to meet regulatory obligations. We’ll prepare financial statements, corporate tax returns, and manage bookkeeping. IBCs in The Bahamas are not subject to income, capital gains, or estate tax, but value-added tax may apply to certain goods and services.
Under new legislation, your company may need to file an annual country-by-country report with the Ministry of Finance. We’ll guide you through any obligations and ensure compliance. Additionally, registration with the National Insurance Board is mandatory, and our team will assist with monthly national insurance contributions.
Choose Fionza Consultants for a smooth, compliant, and efficient Bahamas company registration process, supported by a dedicated team of consultants.