Category: Business

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 […]

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 […]

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 (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 […]