A Bahamas International Business Company can be incorporated in
three days. As the Bahamas is a part of the British Commonwealth
your IBC can be incorporated in an economically and politically
stable country, where income, capital gains, inheritance and
transaction tax is not imposed for a period of 20 years from the
date of incorporation. Another feature of incorporating an IBC is
that only one director is required. This may be an individual or a
corporation, and meetings of directors may be held in any country.
Your IBC may conduct its business in any foreign currency it
chooses free of Bahamian Government regulations or
restrictions.
Company Name
Your IBC can be in any language using the latin alphabet, as
long as the relevant translation is approved first. An IBC will
need to end with a suffixes to denote limited liability: Ltd, Corp,
Inc, GmbH or similar. Certain words are prohibited such as names
suggesting the patronage of any Government or country.