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Only nominative shares are allowed. |
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Non-existence of minimum or maximum capital requirements. |
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DIRECTORS/DIGNITARIES, AND SHAREHOLDERS |
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Shareholders, directors, and/or
dignitaries can be natural or juridical persons. |
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Any initial or present change
in directors or dignitaries must be inscribed in the
Bahamian Registry. |
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Directors can grant general or special powers of attorney. |
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Companies are allowed to have a sole director. |
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Directors or dignitaries need not be shareholders. |
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Shareholders, directors, and dignitaries can be of any nationality and be residents of any country. |
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Shareholders and/or directors meetings can be held in any country and they can participate in same via power of attorney or any electronic media such as telephone, fax, etc. |
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ANNUAL TAX DECLARATIONS
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It is not obligatory to present annual performance declarations or reports, nor financial statements. |
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It is not obligatory to hold general annual shareholders or directors meetings. |
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INCORPORATION AND ADMINISTRATION
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Ample availability of company names for incorporations. |
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Familiarity with incorporation documents (Corporate Charter and By-Laws, and Incorporation Certificate), due to the fact that The Bahamas belongs to the British Commonwealth. |
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The words “Limited”, “Corporation”, “Incorporated”, “Société Anonyme”, or “Sociedad Anónima”, or the abbreviations “Ltd.”, “Inc.” or “S.A.”, can be used as part of the name of the company. |
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Incorporation documents can be drafted in any language and accompanied by its English translation. |
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Expeditious incorporation process and simple administration. |
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Incorporation process takes 7 days. |
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The Public Registry of The Bahamas is equipped with a modern and sophisticated computer system that increases the speed and efficiency of the processing of documents. |
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The Public Registry of The Bahamas is equipped with a modern and sophisticated computer system that increases the speed and efficiency of the processing of documents. |
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REGISTRIES |
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The books, registries, and certificates of the company can be kept in any place or country that the directors choose. |
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It is not necessary to neither present nor register annual accounts. |
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REGISTERED OFFICE, CORPORATE SEAL, AND LEGALIZATION |
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It is required that the Registered Office be located in British Anguilla (B.A.). |
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Corporate seal is obligatory. |
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The Apostille is the method usually employed for the legalization of documents. |
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DOCUMENTS KEPT IN THE REGISTERED OFFICE |
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Copy of Shareholders Registry. |
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Copy of the impression of the official seal. |
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COSTS AND HONORARIES
Reasonable incorporation and maintenance costs. |
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REDOMICILIATION
Corporations of other jurisdictions can be expeditiously redomiciled to British Anguilla (B.A.). |
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USE OF INTERNATIONAL BUSINESS CORPORATIONS OF BRITISH ANGUILLA (B.A. IBC’s) |
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Titleholder of bank accounts, fix-term deposits, investment projects, and any other financial or commercial title. |
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