Why The Bahamas?
As a major offshore jurisdiction with tens of thousands of offshore enterprises
already installed, the Bahamas is poised to become a centre of e-commerce
By locating websites in the Bahamas to carry out functions previously based in
high-tax jurisdictions such as sales and marketing, treasury management, supply
of financial services, and most of all, the supply of digital goods such as
music, video, training, software etc, companies can take advantage of lower tax
rates for many aspects of their business.
In many higher tax countries, the distribution of goods from a warehousing
facility does not constitute the carrying on of a trade or business in that
jurisdiction, so that even for physical goods, in many cases it will be possible
to avoid a permanent establishment (taxable presence) altogether in many
high-tax jurisdictions where trading activities currently take place.
For more information on this please read the OECD's commentary on the creation
Establishments in E-Commerce registration.
In the Bahamas, our Government has paid great attention to financial regulation,
and especially in response to attacks from the OECD and FATF in 2000 has created
a world-standard regulatory structure to avoid money-laundering and other
Nearly 100,000 International Business Companies have been formed in the Bahamas,
many of them as holding companies for investment or trading activities in other
countries. There are no corporation or income taxes in the Bahamas, making it a
very effective financial base. Like all low- or no-tax financial centres
however, it is vulnerable to 'Controlled Foreign Corporation' legislation if the
Bahamian company is majority-owned by a parent company in a high-tax country.
The Bahamas are one of the most popular jurisdictions in the offshore financial
community because of our flexible IBC legislation, good secrecy, good
reputation, and high-quality professional services.
Bahamas Global Finance
Bahamas Real Estate
Bahamas Web Directory