A Power of Attorney is a legal instrument that is created for the purpose of conferring authority on an agent to perform certain acts or functions on behalf of a person or legal entity. In this presentation, we discuss the types of Powers of Attorney recognized under the jurisdiction of the Commonwealth of The Bahamas […]Continue reading
Low Risk businesses in The Bahamas are eligible for a Provisional License to facilitate business activity while completing registration requirements.
Nonresidents wishing to live in The Bahamas on an annual basis may be eligible to apply for a ‘Permit to Reside’ in The Bahamas. Available to spouses of Bahamian citizens, vacation home owners, independent economic residents, students, and dependents of valid permit holders.
The Bahamas International Business Company (IBC) is a popular corporate vehicle used by nonresidents of the Bahamas to conduct business worldwide while benefiting from the legal advantages offered by island state.
What is a Nominee Shareholder? A Nominee Shareholder is an unrelated third party, who is officially registered as the holder of company shares and whose name appears on all official documentation and public records for the purposes of holding shares in name only or fulfilling a legal obligation. Those appointed can be individuals, companies, or […]Continue reading
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
Every once in a while, while speed reading through the local dailies to catch the latest headlines worthy of gossip amidst fellow colleagues, a news report concerning the arrest of a local resident or a group of tourists for failing to declare a certain amount of cash to US Customs officers at the airport. Usually the […]Continue reading