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Trade and Project Financing – Bahamas Business Guide

Bahamian banks tend to be far more conservative than their American counterparts in making business loans, often asking for high levels of collateral. At the end of 1996, the prime lending rate in The Bahamas was unchanged at 6.75 percent. Commercial bank rates for residential and commercial mortgages ranged from 10.06 percent – 10.87 percent, […]

Offshore Banking and Financial Services – Bahamas Business Guide

There is nothing new about offshore to banks, investment funds and other types of financial institution; most of them long ago set up offshore branches in order to service multinational corporations, to facilitate trade, and to provide investment management for high-net-worth individual customers. Some offshore jurisidictions have developed as centres for particular types of offshore […]

Marketing U.S. Products and Services – Bahamas Business Guide

Bahamian government policy prohibits foreign investors from opening retail and wholesale outlets, commission agencies engaged in the import export trade; real estate and domestic property management agencies; domestic newspaper and magazine publication; domestic advertising and public relations firms; nightclubs and restaurants, except specialty, gourmet and ethnic restaurants; restaurants operating in a hotel, resort complex or […]

e-Commerce In The Bahamas – Bahamas Business Guide

The Internet has yet to have much direct impact on the conduct of offshore business from the Bahamas, but as with all other aspects of business activity, no one can doubt that there will be an impact, that it will be soon, and that it will be substantial. Offshore Activities The natural bonding of the […]

Introduction To Offshore e-Commerce – Bahamas Business Guide

To date, companies have tended to focus on marketing and selling as the most likely business functions to locate offshore, but there is no reason why procurement, administration, payroll and other corporate functions should not be based offshore. Since physical distribution can be outsourced, and in some countries doesn’t even amount to a taxable presence, […]

Corporation Tax and e-Commerce – Bahamas Business Guide

Corporation tax (income tax) is levied on the profits of an incorporated business. Some countries tax companies based on place of incorporation (legal establishment), but more usually tax applies to a ‘permanent establishment’. As with individuals, the taxing country will normally attempt to tax a company’s world-wide income once it has demonstrated permanent establishment. Income […]