For decades, International Business Companies (IBCs) has been one of the most popular financial service products offered by The Bahamas’ second largest industry. However with the recent implementation of new financial service laws, the regulatory landscape governing IBCs has changed tremendously, leaving many to wonder about its future. In this presentation Mario L. McCartney discusses […]Continue reading
Low Risk businesses in The Bahamas are eligible for a Provisional License to facilitate business activity while completing registration requirements.
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.
On the 17th of December 2017 the highly anticipated Commercial Enterprises Act ascended into legislation as the Bahamas’ latest enactments to boost the nations flagging financial services industry. As described by Prime Minister Dr. Hubert A. Minnis during the 27th Annual Bahamas Business Outlook Seminar, the Act will encourage both domestic and foreign investment in […]Continue reading
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
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