The Bahamas and the Cayman Islands’ commitment to international tax transparency standards has been recognised by the Organisation for Economic Co-Operation and Development (“OECD”) which has moved both jurisdictions onto the OECD’s “White List” of jurisdictions that are compliant with international tax transparency standards.

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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...