As part of the 2015/2016 Budget Communication several Bills were tabled in the House of Assembly. Now in force, these Acts will affect businesses and change the way government agencies operate. We previously issued bulletins concerning changes to the Business Licence and Real Property Tax regimes. This bulletin highlights a number of miscellaneous legislative amendments of which you should also be aware.

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Amendments to the Nominee Regime of Bahamian Companies

The enhanced requirements for nominee shareholders impose clear obligations on both nominee shareholders and companies to ensure that beneficial...

VAT Update in The Bahamas

VAT Exemption on Unprepared Foods Effective 1 April 2026 unprepared foods will be exempt from VAT. Note, however, that...