As a leading International Business Centre, there are many reasons why you should consider investing and/or incorporating in the Bahamas. Here are just a few.

Tax Structure
With strong regulatory oversight and in compliance of international best practices, The Bahamas has entered into Tax Information Exchange Agreements with over thirty (30) jurisdictions. Nonetheless there is no direct taxation on capital gains, value added, corporate earnings, personal income, sales revenue, gifts, inherited property or dividend payments.

Financial Centre
The Bahamas is the largest offshore financial centre in the Caribbean. There are over 300 banks and trust companies in The Bahamas.

Nassau serves as the headquarters for the branches and subsidiaries of large financial organizations with international affiliations. Head office, which engages in intermediary businesses and the main branches of commercial banks, are headquartered in the capital city, Nassau.

There are also almost 600 mutual funds managed or administered in The Bahamas and these control some $40 billion in assets. A stock exchange has been established.

Accessibility
The location of The Bahamas is ideal. The 700 islands and Cays are close to Florida and have convenient airline connections with Europe as well as with North and South America. Worldwide telephone, facsimile, Internet and E-mail services are excellent. Telephone calls to and from The Bahamas can be dialed directly.

Investment Initiatives
The Government has adopted a policy which encourages investment in homes and home sites. New initiatives have been announced to encourage additional investment in property, in industry and in commercial enterprises with residence benefits.

Currency
The currency of The Bahamas is the Bahamian Dollar (B $1.00 = 100 cents). It is on par with the United States Dollar.

Language and Law
English is the official language and the English common law prevails, as amended by local statutes. The Privy Council in England decides final appeals from Bahamian Courts.

Bank Confidentiality
While recent legislation has required banks, attorneys and other financial institutions to compile Know Your Customer (KYC) records, the confidentiality of transactions with the attorneys and bankers is protected.

Professional Expertise
Experienced and capable Attorneys, Accountants, Trust Officers and Bankers are available.

Freedom to Move
There is no legislation that restricts the movement of investments, corporations or trusts into or out of The Bahamas.

Stability
Although The Bahamas became completely independent from Britain in 1973, the country is still a member of the British Commonwealth, and boasts of its political stability. It is also a member of the United Nations.

Tourism
The chief industry is Tourism. The natural beauty of the islands attract millions of visitors for holiday fun, swimming, fishing, golf, sailing or just loafing on the sunswept sandy beaches.

Political Parties
There are two (2) main political parties – The Free National Movement (FNM) and the Progressive Liberal Party (PLP). The FNM, which is now the government, is headed by The Right Honourable Hubert Ingraham.