Tax advantages

The Bahamas offers a very favourable tax climate to foreign investors and businesses operating internationally from The Bahamas.

There is no personal income tax, and no corporate tax in The Bahamas and no profits, payroll or sales taxes. Equally, there are no capital gains, gift, estate or inheritance taxes. There are no withholding taxes on dividends, interest or royalties.

The Bahamas has no tax treaty with any other country, and thus income received in The Bahamas from abroad may be subject to withholding taxes in the country of origin. Thus for international business The Bahamas is a tax neutral jurisdiction, which affords businessmen flexibility in planning their cross border transactions.

Taxation, in The Bahamas, is largely consumer based and Government revenue is derived primarily from custom (import) duties, real property taxes and stamp duties.