The Bahamas is a low tax jurisdiction with businesses and individuals not subject to:
- Income tax
- Withholding tax
- Capital Gains tax
- Inheritance tax
- Gift tax
- Death tax
Note that while The Bahamas is a low tax jurisdiction, clients may have tax obligations in their own countries. Independent tax advice should be sought.
Additionally, The Bahamas is a parliamentary democracy with a long history of political and economic stability, making it a safe and reliable place in which to invest or do business.
The regulatory framework for all banking and financial business conducted within the jurisdiction meets the highest international standards. The Bahamas has up-to-date laws specifically designed to address the needs of international business, and is therefore a convenient and favourable location in which to conduct a wide range of investment activities and international finance transactions.
The regulatory framework for all banking and financial business conducted within the jurisdiction meets the highest international standards. The Bahamas has up-to-date laws specifically designed to address the needs of international business, and is therefore a convenient and favorable location in which to conduct a wide range of investment activities and international finance transactions.
As an added feature, The Bahamas’ regulatory framework allows its Fund Administration Companies to administer funds licensed or registered in recognized jurisdictions without having to be licensed in The Bahamas. Click here to download the list of recognized jurisdictions.
For more information about Butterfield Fund Services in The Bahamas, please contact: