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Setting up a company in the Bahamas?

Find out how to do it in a legally compliant way:

No corporation tax

Remote incorporation

Robust asset protection

International holding structure

You can legally reduce your tax burden. We will be happy to advise you in detail and offer a free initial consultation.

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Estimated Annual Revenue

Please share your Estimated Annual Revenue with us, so we know which jurisdiction is best suited for you (special taxes for certain profits).

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Pros and cons of setting up a company abroad

If you relocate your residence:

0% personal income tax and capital gains tax
No wealth or inheritance tax
Social Security Contributions is 9.8%
Your home country may still tax certain assets when you move

Without emigrating:

If your business is managed from an European country, authorities may still consider it taxable there
Ownership levels can influence how profits are taxed
Trusts, foundations, or holding companies can be used to structure ownership

What makes the Bahamas attractive as a business location?

The Bahamas are an English-speaking island nation in the Atlantic, located south-east of Florida. They are not a member of the EU and use the Bahamian dollar (BSD), which is pegged 1:1 to the US dollar.

There is no traditional corporation tax or withholding tax on dividends for most companies. Very large multinational groups under OECD Pillar Two (€750m+ revenue) may face a 15% minimum tax. Domestic business activities are subject to 10% VAT.

Bahamas does not have a traditional corporation tax, but regulatory and tax compliance apply.

The Bahamas is not suitable for operating companies effectively managed from a high-tax country without genuine relocation (risk of foreign place of management). The legal system is based on English common law.

Best for clients focused on confidentiality and international diversification, given its offshore tradition and regulatory cooperation.

The right structure always depends on your country of residence and your worldwide tax obligations. Contact us for an individual assessment.

FAQs

Can I incorporate a Bahamas company remotely?

Yes. Incorporation can usually be handled entirely through a licensed Registered Agent. Personal travel is generally not required.

Is it really tax-free?

There is no traditional corporation tax and generally no withholding tax on dividends. However, VAT rules and international minimum tax regulations may apply depending on your individual situation.

Is opening a bank account straightforward?

Bank accounts are possible, but a thorough compliance review is carried out. Approval depends heavily on the quality of the documents and the business model.

Do I need a local director?

For a standard IBC, this is generally not strictly required. However, depending on the planned structure and possible substance requirements, it may be sensible.

Which locations worldwide are best suited to paying as little tax as possible?

	Tax Burden	Banking	Reputation	Bureaucracy	Legal Security	Costs
USA	21-0%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 1,900
Singapore	0%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 2,950
Hong Kong	0%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 1,900
Cyprus	15%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 1,900
Malta	5%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 2,500
Ireland	12,5%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 1,950
Trust	0%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 4,900
England	25-19%	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	5 stars 4 stars 3 stars 2 stars 1 stars	from EUR 1,000

Tax compliance in your country of residence

Your country of residence may impose tax and reporting obligations for foreign business activities and dividend income, in some cases even if profits are not distributed.

Depending on your personal situation, a suitable holding structure may be required to comply with tax rules and avoid unnecessary tax risks.

To determine which jurisdiction and structure best meet your requirements, please use the contact form and describe your plans in as much detail as possible.

Our advisers will be happy to review your case and advise you accordingly.

1.

Analyse your needs

We assess your situation to define objectives, risk tolerance, tax exposure and asset-protection priorities.

2.

Carry out a location analysis

We compare potential jurisdictions based on tax laws, banking access, compliance requirements and your country of residence.

3.

Incorporate the company and, if needed, establish a foundation

Open bank and brokerage accounts and, where required, implement asset management