Country's features:

Geographic location	Caribbean
Political regime	Constitutional monarchy
Population	316 182 (2012)
Language	English, French, Creole
Currency	Bahamian Dollar (BSD)
Time zone	GMT-5

Features of the incorporation of a company:

Type of company	International Business Company (IBC)
Capital required	No minimum capital is required
Legal system	Common Law
Number of directors/shareholders	Minimum, 1 director/ 1 shareholder
Anonymity and confidentiality	The directors' and shareholders' name does not appear on the public registry (with the exception of the company's bylaws)
Secretary service	Yes
Corporate tax	0%
Wealth tax	0%
Government taxes according to capital	Capital from 0 to 50,000 USD: 350 USD Capital from 50,001 USD: 1000 USD
Accounting requirements	There is no obligation to keep accounts or file annual reports
Bearer shares	Unauthorized
Exchange control - non-residents	offshore activity is exempted

Related links:

• Government of the Bahamas website: http://www.bahamas.gov.bs/