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Business Registration Form A - The Government of The Bahamas - forms bahamas gov 2025

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The document is a Business Registration Form from the Ministry of Finance's Business Licence Division in the Bahamas. It outlines the process for registering a new business, changing ownership, or updating business details. The form requires detailed information about the business entity, owners, and financial data, along with necessary approvals from other government agencies. Instructions for completion and additional requirements are provided to ensure proper submission.

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Click ‘Get Form’ to open it in the editor.
Begin by selecting the type of application you are submitting: New Business, Change in Ownership, or others as listed. This helps categorize your request appropriately.
Fill in the 'Trading As' section with the name under which your business will operate. Ensure this matches your registration with the Registrar General Department.
Provide your contact information including individual/company name, mailing address, and phone numbers. Be thorough to avoid delays.
List all owners and partners along with their respective details such as NIB numbers and percentage ownership. Use additional sheets if necessary.
Indicate the type of business by checking all applicable boxes and describe your products or services clearly in the designated section.
Complete the financial information section accurately, ensuring that turnover and tax payable amounts are correct.
Finally, ensure original signatures are provided where required before submitting your form for processing.

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How to register a business in The Bahamas?

Process Registration at the Government Portal (receive access codes) Logon to Registry Services. Select Reserve an International Business Company name. Enter company details. Enter Credit or Debit Card information. After approval, print receipt. Select Incorporate an International Business Company.

Can a foreigner open a business in The Bahamas?

Foreigners starting a business in the Bahamas need to submit a Project Proposal to the Bahamas Investment Authority (BIA) for approval. The proposal should cover the nature of the business, investment details, and information on employment needs.

Why do companies register in The Bahamas?

The Bahamas offers various tax benefits and tax exemptions that are advantageous for businesses: No corporate tax: Companies incorporated in the Bahamas do not pay income or corporate tax on profits, adding to the financial appeal of setting up shop in this jurisdiction.

bahamas government type

Online business registration form a the government of the bahamas forms bahamas gov Download business registration form a the government of the bahamas forms bahamas gov

How long does it take to get a business license in The Bahamas?

Bahamian Applicants: Takes approximately one to two weeks for approval to acquire actual license. Non-Bahamian Applicants: Takes approximately two three months for processing and a due diligence/background check is obtained in addition to notation from the Bahamas Government.

How much does it cost to register a business in The Bahamas?

Fees Different Bahamas entity typesCostDraft invoice Branch Office US$12,100 View invoice PDF Representative Office US$8,100 View invoice PDF Smart fund US$27,655 View invoice PDF Private foundation US$18,080 View invoice PDF3 more rows

Does a side hustle need a business license?

If you anticipate making a docHub income from your side hustle, a formal business registration might be required. A business license can aid in tax reporting and provide certain legal protections. Understanding your income threshold for registration is crucial to avoid any pitfalls.

Who needs a business license in The Bahamas?

All businesses are required to be licenced under the Business Licence bill 2010. This includes all businesses registered before the bill became law. Any person who wishes to incorporate a company in the Bahamas is required by law to register the business.

Who can own a business in The Bahamas?

The Commonwealth of The Bahamas welcomes International Investors who wish to establish a business in The Bahamas. All non-Bahamians or Permanent Residents seeking to do business in The Bahamas must submit a Project Proposal to the Bahamas Investment Authority (BIA).