1.
How long does it take to incorporate an International
Business Company (IBC)?
It takes 24 to 48 hours
to incorporate an IBC.
2. How much does it cost
to incorporate an IBC?
Our minimum incorporation
fee is $700 (exclusive of disbursements).
3. How much does it cost
to incorporate a Company under the provisions
of the Companies Act?
Our minimum incorporation fee
is $1000 (exclusive of disbursements).
4. How many directors must
an IBC have?
An IBC must have at least one
(1) Director.
5. Are the names of the
shareholders of an IBC on a public register?
The names of the shareholder(s)
of an IBC do not appear on a public register.
6. Are the names of the
directors and officers of an IBC on a public
register?
The register of directors and
officers must be filed at the Companies Registry.
7. Does an IBC require
a registered agent in The Bahamas?
Yes, an IBC must have a registered
office and registered agent in The Bahamas.
8. How much does it cost
to maintain an IBC?
The annual fee to maintain an
IBC is $850 (authorised capital $50,000 or
below) or $1500 (authorised capital more than
$50,000).
9. How much does it cost
to maintain a Company incorporated under the
provisions of the Companies Act?
The annual fee to maintain a
Company under the provisions of the Companies
Act is $950 (if Company more than 60% Bahamian
owned) or $1600 (if Company less than 60%
Bahamian owned).
10. How long does it take
to liquidate an IBC?
A simple liquidation can be accomplished
in a matter of approximately four (4) weeks.
