MARIO L. McCARTNEY PRESENTS: THE BAHAMAS PROVISIONAL LICENSE APPLICATIONS
Low Risk businesses in The Bahamas are eligible for a Provisional License to facilitate business activity while completing registration requirements.
MARIO L. McCARTNEY PRESENTS: TEMPORARY BUSINESS LICENCE APPLICATIONS IN THE BAHAMAS
A Temporary Business Licence is a great way for foreign individuals and companies to perform specific tasks under contract in The Bahamas for up to 3 years.
ANTICIPATED COST & SERVICES ASSOCIATED WITH REAL ESTATE TRANSACTIONS IN THE BAHAMAS
Purchasing property in The Bahamas could be a confusing task, especially for first time home buyers and non-residents who are unaware of the number of fees associated with real estate transactions. To clarify the process we have provided a basic guideline to demonstrate the steps involved in the sale or purchase of real estate together […]Continue reading
FOUNDATIONS IN THE BAHAMAS
For most people, the term ‘Foundation’ is often affiliated with charitable organizations that broadcast dramatical advertisements seeking to save the rainforest or feeding the poor on your local cable station. The common perception of a Foundation includes large organizations and billionaire families, while often distracted from other advantageous factors that can be utilized by the […]Continue reading
VAT INCREASE TO 12% ON JULY 1st 2018
When The Bahamas implemented its first Value Added Tax (VAT) initiative the country would never be the same, as residents would have to adjust their purses to accommodate an additional 7.5% spike in goods and services. The Christie Administration would oversee the initial phase of the VAT regime, which would receive compliments from the International Monetary […]Continue reading
CHAMPERTY & CONTINGENCY FEE AGREEMENTS IN THE BAHAMAS
Until recently we have encountered a number of inquiries regarding the provision of legal services based on a contingency fee arrangement, i.e. the payment of legal fees based on the successful outcome of a case, which has prompted a sudden need to bring clarity to this issue. Contingency fee agreements serves as a way to […]Continue reading