Bahamas IBC

Bahamas IBCs may carry out most business activities. Bahamas offshore companies are exempt from all Bahamas taxes and stamp duties and therefore not subject to any income, capital gains or other taxes. International Business Corporation (IBC) is not subject to Bahamas Exchange Control Regulations. The exemptions remain in force for twenty years from the date of incorporation of a Bahamian offshore company. All the above is advantageous for offshore asset protection. 
Features of a Bahamas IBC

Bahamas IBC	Corporate Details
General
Type of Entity	IBC
Registered Office in Bahamas	Yes
Shelf company availability	Yes
Our time to establish a new company	4 Weeks
Corporate Taxation	No
Access to Double Taxation Treaties	Yes
Share capital or equivalent
Standard currency	US$
Permitted currencies	EUR, USD, GBP
Minimum paid up	None
Bearer shares allowed	No
No-par-value shares allowed	No
Directors
Minimum number	One
Local required	No
Publicly accessible records	Yes
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Shareholders
Minimum number	One
Publicly accessible records	Yes
Corporate shareholders allowed	Yes
Location of meetings	Anywhere
Company Secretary
Required	No
Local or qualified	No
Accounts
Requirements to prepare	No
Audit requirements	No
Requirements to file accounts	No
Publicly accessible accounts	Yes
Other
Requirement to file annual return	No
Migration of domicile permitted	Yes

Advantages of Bahamas company registration

1. It is possible to register a company in Bahamas with only i) one shareholder ii) one director, who can be both foreigners and reside outside of the Bahamas. There is no minimum paid-up capital to complete Bahamas business formation and our Clients are not required to travel to Bahamas for the company incorporation procedures;
2. Forming a company in the Bahamas is also quick and can be completed within one week, after receipt of all required documents. We can open the corporate bank account in the Bahamas or elsewhere in the world;
3. All trading income received by a Bahamas offshore company (also known as an IBC) is legally tax exempt locally: there is no corporate income tax, capital gains or VAT payable on sales made abroad;
4. While Bahamas IBC companies incorporated in the Bahamas are required to file annual financial statements, they are not required to submit them with the local tax authority;
5. The Bahamas has recently committed to follow the standards tax guidelines of the Organization for Economic Cooperation and Development (OECD) and has signed 10 tax information exchange agreements (TIEAs) with countries including: i) France ii) New Zealand iii) China iv) the United Kingdom and v) the United States;
6. It is easy to open global corporate bank accounts to support a Bahamas business.

The Valsen Advantage          

1. Speedy, Efficient and consistent Services.
2. Relentless effort to obtain bank accounts.
3. Expert advice on structuring options.
4. Dedicated ongoing compliance support.