Category: Business

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Investment Overview – Bahamas Business Guide

The Bahamas is a politically stable, middle-income, developing country. Following general elections in 1992, The Bahamas experienced a peaceful transfer of power from the center-left Progressive Liberal Party (PLP), which had governed the country for 25 years, to the centrist Free National Movement (FNM). The Bahamian government maintains the value of the Bahamian dollar on […]

Traveling on Business – Bahamas Business Guide

Bahamas ‘Business customs: The national language of The Bahamas is English, sometimes spoken with a distinctive local accent and the use of colorful local expressions. Due to the proximity of The Bahamas to the US and the extensive familiarity of most Bahamians with Americans and American culture, business customs tend to be similar to those […]

Executive Summary – Bahamas Business Guide

The Bahamas Are An Independent Nation State The Bahamas became independent from the UK in 1973, although the Queen remains Head of State. Beginning 50 miles off Florida, in the Caribbean, the Bahamas has 700 islands and a population of 285,000. The official language is English. The capital is Nassau, there are a number of […]

Offshore Corporate Functions – Bahamas Business Guide

It is hardly unusual for corporations to separate administration and service functions off from operational units. Such functions are normally performed centrally, and nowadays more and more frequently they are outsourced. Many corporations take advantage of beneficial tax regimes in offshore jurisdictions, or in high-tax countries which offer quasi-offshore regimes, to locate such corporate functions […]

Offshore e-Commerce Resources

What Constitutes Offshore e-Commerce 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 […]

US Merchant Accounts

If you’re a foreign business, you may be frustrated, since many countries and local banks do not allow credit cards information to be taken over the Internet. So how can you conduct business? How Does a Foreign Business Obtain a US Merchant Credit Card Account for Web Commerce? If you’re a foreign business, you may […]