The Companies Law (2016 Revision) and the Limited Liability Companies Law 2016 have been amended and regulations enacted to provide for the establishment of beneficial ownership registers for companies (the aforementioned amendments and the attendant Regulations shall together be called the “Laws”). The Laws are not yet in force but are expected to be passed in or around June 2017.

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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...