The government of The Bahamas proposes to make significant amendments to the law relating to stamp duties through an amendment to the Stamp Act. In this regard, the government has drafted the Stamp (Amendment) Bi ll 2010 (the “Amendment”) which is currently being reviewed by parliament. It is anticipated that the Bill will come into force on 1st July 2010.

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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...