BahamasCompany Incorporation and Registration, Start to Finish

Bahamas incorporation services shaped around your plan. We advise on structure, run the KYC, prepare the incorporation papers and keep your company in good standing through its first year, all for one fee.

Bahamas incorporation from
US$1,375
Hidden costs
None
Why Bahamas Incorporation

Why Set Up a Company in the Bahamas

Every advantage below comes from the International Business Companies Act or a related statute, and each one applies from the day your company is registered.

  • 0% income, capital gains and withholding tax
  • 25+ years of the International Business Companies Act, in force since 2000
  • 1 director and one shareholder are enough, resident anywhere
  • US$0 minimum share capital, in any currency
  • 1:1 Bahamian dollar peg to the United States dollar
  • Governance

    One person can be the whole company

    One director and one shareholder, who may be the same person, individual or corporate, living in any country. The only local presence the law asks for is a registered agent and a registered office in the Bahamas.

    International Business Companies Act, 2000 No residency test
  • Privacy

    Ownership stays off the public record

    The Register of Members stays at the registered office and beneficial owners are recorded with the registered agent, and neither is published. The register of directors and officers is the exception: it is filed with the Registrar General and open to inspection.

    Register of Beneficial Ownership Act, 2018 Owners not published
  • Law

    English common law

    Privy Council as the final court of appeal.

    London Final appeal
  • Capital

    Any share structure you can draft

    • No minimum
    • Any currency
    • Multiple classes
    International Business Companies Act, 2000 No minimum capital
  • Money

    Dollar peg, no exchange control

    The Bahamian dollar trades one to one with the United States dollar. Exchange control applies to residents, and business done outside the Bahamas sits outside it.

    International Business Companies Act, 2000 Any currency
  • Running it

    No audit, no tax return, no annual return

    What falls due each year is three dated items: the government fee, an accounting records declaration made through the registered agent, and an economic substance report.

    Ongoing Three filings a year
Legal Structures

Company Types You Can Form in the Bahamas

Offshore company formation in the Bahamas uses a single statutory form. Its key facts are below, and an advisor confirms it suits your plan before anything is filed.

Shareholders Shares Directors Elected by the shareholders The Company Limited liability

International Business Company (IBC)

The IBC is a company limited by shares, built for holding assets and trading across borders. Capital can be set in any currency with no minimum, separate share classes can carry their own voting and dividend rights, and income earned outside The Bahamas is not taxed.

International Business Company (IBC)

Liability
Limited for all shareholders
Directors and shareholders
One minimum each
Residency
Not required
Share capital
No minimum
Local presence
Registered agent and registered office

Similar Entities Abroad

  • British Virgin Islands Business Company
  • Cayman Exempted Company
  • Bermuda Exempted Company
Scope of Work

Everything Inside Your Bahamas Company Formation

From the first name check to the courier who brings your documents, these 31 tasks make up our Bahamas company registration service. Each one is part of the package price.

  • Unlimited name availability checks
  • Name reserved with the Registrar General
  • Structure reviewed with you before anything is filed
  • Due diligence and KYC on every member
  • Corporate members traced to their beneficial owners
  • Guidance through every document request
  • Incorporation application prepared
  • Memorandum of Association drafted
  • Articles of Association drafted
  • Application lodged with the Registrar General
  • Government fees paid on your behalf
  • Certificate of Incorporation sent to you on issue
  • Register of Directors filed with the Registrar General
  • Register of Members prepared
  • Beneficial ownership recorded under the Register of Beneficial Ownership Act
  • Appointment of the first directors
  • Directors' consents to act
  • First resolution of the board
  • Allotment of shares
  • Share certificates for every member
  • Registered agent appointed, first year included
  • Registered office in the Bahamas, first year included
  • Registers kept current after incorporation
  • Beneficial ownership records kept up to date
  • Statutory records held at the registered office
  • Signature pages marked where you sign
  • Digital delivery of every document
  • Worldwide courier of your documents
  • Handled 100% remotely, from anywhere
  • Email support from the team that filed
  • One price, agreed before we start

Pricing

Bahamas Company Registration Packages and Fees

Pick the package that matches what your bank or counterparties will ask for. Each one carries the government fee and a first year of registered agent and office, so the setup cost you see is the full cost.

Entity Type International Business Company (IBC)

Basic Package

The essentials to register your company and carry it through year one

US$ 1,375

One-time fee

What's Included

  • Unlimited name availability checks
  • Government fees to Registrar General included
  • Complete preparation of Memorandum & Articles
  • Registered Agent appointed (1st year included)
  • Registered Office Address (1st year included)
  • Statutory registers prepared & filed
  • Digital Certificate of Incorporation & Registers
  • Express worldwide delivery of documents
View Detailed Incorporation Pricing

Priced by quote

Enterprise

For a group of companies spread over more than one jurisdiction, custom articles or nominee arrangements. Once we know the scope, you get a written fixed price, and work starts only after that.

  • Complex structuring
  • Bespoke articles
  • Nominee arrangements
  • Multi-jurisdiction
  • Priority processing
  • Ad-hoc advisory
Talk to Our Advisors
After year one Renewal fees from year 2 Your first year's compliance is already covered inside every package above. From year 2, one annual renewal fee covers the government fee, your registered agent and office, and that year's compliance filings. Year 1 The packages above Year 2 onward from US$1,099 a year

Standard Package

Good standing, renewed every year

US$ 1,099

Per year, from year 2

What's Included

  • Annual government fee payment
  • Registered Agent & Registered Office
  • Economic Substance filing (CESRA)
  • Accounting records declaration filing
  • Beneficial ownership reporting
  • Dedicated account manager
View Detailed Compliance Pricing
Before year one Not incorporated yet? Formation is a one-time fee that already includes your entire first year. Renewal pricing only begins at year 2. Year 1 from US$1,375 one-time Year 2 onward The packages above
Fully refundable If not incorporated 100%

If we do not get your company incorporated, we refund you 100%.

  • No hidden fees The package price is the price. Nothing is added later.
  • Government fees included Government registry fees are inside your package price, not billed on top.
  • Renewal priced upfront Year 2's fee is published on this page, not sprung on you a year later.
  • Everything in one package No essentials sold as add-ons. The Basic package covers the formation and compliance.
Process

How to Register a Company in the Bahamas, Step by Step

Five stages take you from a first call to a registered entity with its records in order. Here is what happens at each one, who does it, and what we need from you.

01

Tell us what the company is for

Estimated: Same Day

A short call or a few emails give us what we need to plan your Bahamas company setup. Three points shape everything after it.

  • Its purpose. It can hold investments, trade internationally, own intellectual property or head a group. The purpose tells us how the memorandum and share classes should be drafted, and whether any activity needs a separate licence from a Bahamian regulator.
  • The people. Who will own the shares, who will sit as director, and whether any of them is a corporate body rather than a person. That fixes the document list for step 2.
  • The name. We check it with the Registrar General the same day and suggest an alternative if it clashes or needs a different ending.

When you approve the structure and the quoted fee, we send the invoice. Payment starts step 2.

02

Due diligence on everyone involved

Estimated: 1-3 Days

You receive one checklist covering every director, shareholder and beneficial owner, with the format each item must take. A correct document in the wrong form still gets sent back, so we spell out the certification wording in advance.

  • Required by law. Bahamian anti-money laundering rules call for these checks on every person involved before any papers can be lodged. No client is exempt.
  • Reviewed as it lands. Each file is checked the day it arrives. If we need a clearer scan or an extra item once the ownership is mapped, we say why.

Most clients clear this stage in one to three days. The speed depends on how fast the documents come in, and you hear from us as each one passes.

03

Draft, sign and lodge the papers

Estimated: 1 Day

Under the International Business Companies Act 2000, the memorandum and articles reach the Registrar General through a registered agent, which in the Bahamas must be a financial and corporate service provider. This is the stage where that filing is made.

  • Drafting. Memorandum and articles of association, the incorporation application and the first registers, written to the structure agreed in step 1.
  • Signing remotely. Every signature point is flagged, with a note on how each page is signed. You never need to attend in person.
  • Lodging. With your signed copies back, the application goes to the Registrar General together with the government fee, which we pay for you, and we track it until it is decided.

Drafting and lodging take a day once due diligence clears. Only a delay in returning the signed pages can slow it.

04

Approval from the Registrar General

Estimated: 1-2 Days

The Registrar General's Department reviews the application, enters the new name on the register and issues the Certificate of Incorporation. Timing at this stage sits with the Department, and it is usually one to two days.

  • Scans the same day. The certificate, the memorandum and articles and the registers reach your inbox as soon as they are issued, ready for a bank account application or a first contract.
  • Originals worldwide. Where your package includes originals, they travel by international courier to any address you give us.

Legal existence starts on the date printed on that certificate, whenever the originals arrive.

05

Complete the corporate file

Estimated: Post-Incorporation

A last set of routine signatures completes the records: the first board resolutions, the allotment of shares with their certificates, and each director's consent to act. A bank or auditor will expect to find them later.

  • Year one already paid for. The registered agent and registered office run from the day of incorporation. The annual government fee, the accounting records declaration and the economic substance report recur every year, and we write to you well before each date.
  • Add-ons start here. If you bought bank account support, accounting or another service, that team contacts you now.

With this, the formation is complete. Good standing from here on is part of our ongoing work.

KYC Checklist

KYC Documents to Open a Company in the Bahamas

Every Bahamas company registration starts with KYC. Anti-money laundering rules require identity, address and source-of-funds evidence from each director, shareholder and beneficial owner. Below is the list, and the certification rules each copy must meet.

Certified true copies

Compared against the original

The certifier must have seen both the original and the copy and compared them. Any one of these can certify:

  • Judge
  • Magistrate
  • Lawyer
  • Accountant
  • Notary public

The following documents are required from every individual (natural person) involved in the company, including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact Persons.

Passport

Scan of certified true copies of passport(s), valid for at least 6 months. If the signature isn't present on the first/front page of the passport, please have the signature page certified as well.

Address Proof

Scan of certified true copies of a residential address proof, such as a bank statement or utility bill (e.g. electricity bill, water bill), issued within the last 3 months, showing the holder's full name and a physical address (P.O. Box addresses are not accepted).

Source of Funds

Any of the following issued within the last 3 months: bank or investment account statements, payslips, balance certificates, or any other documents to prove situations such as inheritance, gifts, sale of assets, loans, etc.

Professional Experience

A Resume, Curriculum Vitae (C.V.), or simply a LinkedIn profile URL detailing the education and professional experiences, along with their timeline.

We might ask for more information once we understand your structure.

The following documents are required from every corporate entity acting as a Director or Shareholder of the company.

Certificate of Incorporation

A document showing the legal incorporation of the entity, such as a certificate of incorporation, articles of organization, etc.

Memorandum and Articles

Core organizational documents such as a Memorandum, Articles of Association, Operating agreement, etc.

Registers

Registers of directors, shareholders (members), ultimate beneficial owners, etc. that shows the members involved in the organization.

Recent Extract

If we cannot confirm the entity exists from the public company file of its home country, we need a Business Profile, Certificate of Incumbency or Certificate of Good Standing issued within the last 6 months.

KYC of Individuals

We require all documents as listed in the "Individuals" section for all the natural person members of the corporate body.

If a corporate body member has a different corporate body acting as its own member, the same set of documents are required from that corporate body as well. This chain continues until we determine all the natural persons involved in the entire structure.

If the corporate body is other than a corporation, such as a Limited Partnership, Trust, etc., please contact us to know the specific documents for that particular legal structure.

We might ask for more information once we understand your structure.

Compliance

Keeping Your Company in Good Standing After It Is Registered

Incorporation happens once. The government fee, the accounting records declaration and the economic substance report come back every year, and changes to directors or shares need filing as they happen. We run all of it for you.

1 January, 30 September and nine months after year end

Those are the three dates your company works to each year. We diarise them, prepare each filing and pay the fee ahead of time as part of your annual engagement. The table shows who receives each one and what a missed date costs.

Annual Government Fee Required by the International Business Companies Act, 2000 Included
Accounting Records Declaration Required by the International Business Companies Act, 2000 Included
Economic Substance Report Required by the Commercial Entities (Substance Requirements) Act, 2023 Included
Deadline 1 January each year30 September each year9 months after fiscal year end
Authority Registrar General's DepartmentRegistrar General's DepartmentCompetent Authority, Ministry of Finance
On public record NoNoNo
If missed 10% surcharge from April, 50% from November, then strike-offGood standing lost until it is filedUp to B$150,000, then B$1,000 a day
Handled by Expanship, before it falls due Expanship, through your registered agent Expanship, end to end
From Year Two

One Yearly Engagement, Everything Above Included

Every obligation in the tabs above sits inside a single yearly engagement with the same people on your file. No handovers, no chasing.

From US$1,099 per year

Explore Compliance Services
  • Registered agent and office
  • All three annual filings
  • Secretarial work
  • Statutory records
  • Compliance calendar
Why Expanship

Why Choose Expanship to Form Your Bahamas Offshore Company

The team that sets up your company keeps it in good standing afterwards, on a price fixed before we start.

Simple and Online

Advice, KYC, signing and the filing all happen by email and video call from any country, with no trip to Nassau.

Transparent Pricing

Your quote includes the Registrar General's fee, our work and the first year of agent and office. What you agree to at the start is what you pay.

Privacy at Core

Your KYC file is seen only by the people working on it. Shareholder names stay off the public record, and we keep it that way.

Strict Turnaround

We draft and lodge within a day of your checks clearing. After that, the pace depends on your signatures and the Registrar General.

End-to-End Coverage

Structure advice, incorporation, the annual fee, the records declaration and the substance report all sit with one team.

Account Manager

One named contact who knows your file and answers directly, whether the question is a share transfer or a filing date.

500+
Entities Administered
25+
Jurisdictions Covered
100%
On-Time Filing Rate
4 Hours
Average Response Time

It Starts With One Conversation

Tell us what you plan to do and who owns it. We reply with the structure, the document list and a fixed fee.

FAQ

Frequently Asked Questions on Bahamas Business Registration

Straight answers on cost, timing, documents and annual duties for anyone planning to incorporate a Bahamas company.

Our Service

Usually three to five business days, counted from the point your due diligence documents are complete. We draft and lodge within a day of the checks clearing. The two variables outside our hands are how quickly you return the signed pages and how long the Registrar General's Department takes to issue the certificate, which is normally one to two days.

The name check, structure advice, due diligence, drafting and lodging of the memorandum and articles, the government fee, the statutory registers, digital copies of every document, and a registered agent and registered office for the first year. The Scope of Work section above lists each task. The Premium package adds the original Certificate of Incorporation, a Certificate of Incumbency, a Certificate of Good Standing, apostille and a corporate seal.

Yes. Every stage runs remotely: the first conversation, the KYC checks, signing and the filing itself. You do not need to visit Nassau or meet anyone in person, and no original document has to be posted to us beforehand. Scans of the certificate and registers reach you by email once they are issued.

We send the memorandum, articles and first resolutions with each signature point flagged and a note on how to sign it. You print, sign in ink, scan and email them back. If a page has to be witnessed or notarised, we tell you before you sign, so nothing needs redoing and the application is not held up.

Each director, shareholder and beneficial owner provides a certified passport copy, a proof of address dated within three months, evidence of source of funds and a CV or LinkedIn profile. A corporate shareholder adds its certificate of incorporation, constitution and registers, and the people behind it are checked as individuals. The KYC section above gives the certification wording each copy needs.

Bahamian anti-money laundering law requires due diligence on every person involved before the papers can be lodged, and it applies to every client. It cannot be skipped. We keep it quick with one checklist, clear format rules and a same-day review of each document, so most clients clear it in one to three days.

Use the form below or email us with what you plan to do and who will own and run it. An advisor replies with the structure we recommend, the exact document list and the full fee. If you go ahead, we invoice you and send the KYC checklist as soon as payment is received.

Contact Us

Questions Before You Incorporate? Ask an Advisor

Questions about Bahamas offshore company registration, share structures, substance or annual fees go straight to an advisor, who replies to you personally.

Professional business consultation
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