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Please be advised that the Value Added Tax Act, 2014 has been amended to increase the VAT rate from 7.5% to 12%, on all applicable goods and services, effective from 1st July, 2018.  For any queries you may have in this regard, please contact us at info@higgsjohnson.com.

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...