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ARTICLE · 13 MARCH 2000

Selecting Your Offshore Provider

BahamasWealth Management

An IBC in the Bahamas can be formed by an Attorney, Accountant or Registered Agent in the Bahamas. Therefore, it follows that there are an enormous number of choices for your offshore agent. All can provide you with a duly formed company, a registered office and act as your registered agent. All are required under the provision of the IBC act. In addition there are many onshore "consultants" offering the same service, however, all of these will be operating through a third party here in The Bahamas. The process cannot be carried out other than offshore.

Many well-advertised Formation Agents work on a mass production basis and your company will be merely another name on their list, not a satisfactory solution to making your company perform for you. In addition, some formation companies have a fairly nebulous presence whereby their core business will be law or accountancy and your formation is very much a sideline to them.

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