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OFF SHORE CORP. IN THE BAHAMAS

 

Why the Bahamas

 

  • The Bahamas is a leading wealth management jurisdiction boats regulatory compliance

standards comparable to those of major financial centers across the globe

  • It is an independent judiciary

  • It is one of the oldest parliamentary democracies in the Western Hemisphere

  • It is located in close proximity to the major Countries in Latina America and to the United

States

  • It is a sovereign Country with membership in the United Nation (UN) and Organization of

American States (OAS)

  • It offers more than 6,000 financial services professionals

 

Our clients and their needs

 

Our Clients Include:

  • High net Worth Individuals domiciled in Latina America, Europe, Middle East, Asia and

  • The United States

  • Family Offices

  • Corporates

Their needs are:

  • Estate Planning

  • Asset Protection

  • Asset Consolidation

  • Tax Planning

  • Financial Planning

  • Charitable Purposes

  • Family Governance

  • International Business Company

  • Limited Duration Company

  • Segregated Account Company

  • Executive Entity

  • Holding Company

  • Private Trust Company

  • Trust

  • Foundation

  • Accounting and Consolidated Reporting

  • Will

  • Residency Program

  • Business Licensing

  • Properties Transactions

Establishment of a company in the Bahamas

Many banks and financial companies have their headquarters here. Offshore companies registered in this country are widely used in the world and enjoy high privacy. The institutional form of the Bahamas is the constitutional monarchy and being part of the Commonwealth the Head of State is the monarch of England.

Taxes

The International Business Companies Act, 1989 (“IBC”) has created a special category for ‘offshore’ companies, hence for non-residents. Such companies pay annually, to the Bahamas tax authorities, a fee of $350 for a share capital of $50,000.

Members of the company

A company in the Bahamas must have a minimum of 1 director (administrator) and a minimum of 1 shareholder (beneficiary), which may be private or legal persons. Director and shareholder can be the same person.

Anonymity and Guarantee of Anonymity

Only the details of the administrator are in the official documents. There is the possibility of having also the aid of trustees. The shareholders are not in the public record.

Company name

The name of the company may end with the following words: Limited, Incorporated, Corporation, anonymous companies, abbreviations such as Ltd., Inc. or S.A.

Registered Capital

The companies are set up with an authorized capital of $ 50,000 USD consisting of shares of $ 1,00 each then 50,000 shares.

Annual Financial Statements

A company in the Bahamas (IBC) is not required to present annual accounts or financial statements with the Government of Bahamas.

Anonymous and/or Fiduciary

Only the names of the trustees will appear on the public registers kept in the Bahamas Register of Companies. Official (non-public) documents are also drawn up to ensure that beneficiaries retain full control over their companies. Trustees have no executive powers and no signatures on corporate bank accounts.

Accounting obligations Maintenance and maintenance of balance sheets.

Taxation No tax of any type.

Legislation Modern offshore legislation.

Currency US$

Times for the Constitution The Bahamas have a fast and efficient Registry Office.

Stability stable jurisdiction with excellent reputation

Timezone Convenient time zone: GMT-5 (Europe)

Basics of the Legal System Use of Common Law.

Minimum share capital: $50,000.

Minimum number of directors/ shareholders Minimum of 1 director and 1 shareholder.

Documents necessary for the formation of a company An authenticated copy of the passport (in addition to an identity document), together with a certificate of residence of your country less than 3 months old.

Time to set up and operate The time for setting up the company, opening the bank accounts and full operation of the company are 5-7 working days.

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LOCATIONS

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NEW YORK

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MIAMI

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TAMPA

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MILAN

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NAPLES

CHRYSLER BUILDING

405 LEXINGTON AVENUE

26TH FLOOR

 MANHATTAN, NY

10174

PHONE: 

+1 212 541 2417

FAX:

+1 305 675 3625

E-MAIL:

INFO@TTANDPARTNERS.COM

407 LINCOLN ROAD

SUITE 11C

MIAMI BEACH, FL

33139

PHONE: 

+1 305 534 0420

FAX:

+1 305 675 3625

E-MAIL:

INFO@TTANDPARTNERS.COM

100 S ASHLEY DR

SUITE 600

TAMPA, FL

33602

PHONE: 

+1 813 397 3773

FAX:

+1 305 675 3625

E-MAIL:

INFO@TTANDPARTNERS.COM

VIA MARSALA 40/C, TORRE C

SESTO PIANO

GALLARATE 

MILANO MALPENSA

21013

PHONE:

+39 0331 136 2740

FAX:

+39 0331 136 2744

EMAIL:

INFO@TTANDPARTNERS.COM

IN ASSOCIATION WITH

PANICO LAW FIRM

 

VIA CICERONE, 20

NAPOLI, ITALY

80124

PHONE: 

+39 328 3541 550

FAX:

+39 081 5703 759

E-MAIL:

INFO@TTANDPARTNERS.COM

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