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More features from the current issue below |
The International Business Company is a staple tool in creating structures to preserve and accumulate wealth. Its ability to adapt to the needs of the client is enhanced by the jurisdiction’s tax-neutral platform and the judicious corporate governance requirements.
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Strategic planning for business cycles is an essential element for any successful business. In The Bahamas we believe this principle is equally important for individuals and families.
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Advantages of private trusts and family offices in The Bahamas.
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Advantages of Bahamian trusts.
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Responsibility for the prudential regulation of insurance activity in or through The Bahamas rests with the Insurance Commission of The Bahamas (formerly the Office of Registrar of Insurance Companies). It is concerned with the ongoing monitoring and control of insurers, agents, brokers, salesmen and, internationally, underwriting managers and external insurers.
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Advantages of Exempted Limited Partnerships in The Bahamas.
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For many Canadians, The Bahamas continues to play an important part in international tax planning. Despite restrictions imposed by Canadian income tax law on the use of tax havens, The Bahamas retains its attractiveness for Canadians in a range of circumstances.
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Since US tax laws recognize controlled foreign corporations in building a business base worldwide, forming a Bahamian-based company can help in the expansion of international operations. Banks, finance companies, manufacturers, leasing operations and others may find it particularly suitable.
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The Investment Funds Act 2003 positions The Bahamas at the cutting edge of modern investment fund administration. The Act updates the general legislative and supervisory environment and introduces an additional style of collective investment vehicle–The Bahamas SMART© fund– officially known as the Specific Mandate Alternative Regulatory Test fund.
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We demystify the fees involved with international real estate sales and what it takes for a foreign investor to buy property in The Bahamas. Legislation like the International Persons Landholding Act, 1993, have made it easier for non-Bahamians to own property.
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Whether you plan to come to work or to play, there are a few different ways to become established as a resident of The Bahamas. We outline key requirements and how to get started planning your life in the islands.
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