In 2007 the Banks and Trust Companies (Private Trust Companies) Regulations (“the Act”) introduced a light touch regulatory regime for private trust companies in The Bahamas. Effective December, 17th 2012, the regulations to the Act were amended by the Banks and Trust Companies (Private Trust Companies) (Amendment) Regulations 2012.

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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...