A number of options are available when selecting a structure for doing business in The Bahamas. Certain types of investment may require the use of a particular vehicle, as in the case of bank formation or insurance business, both of which require the use of a corporate structure.
Structures for doing business include the following.
- Sole Proprietorships
- Limited Liability Companies
- Companies under the Companies Act 1992 (CAC)
- Companies under the International Business Companies Act 2000 (IBC)
- Unlimited Liability Companies
- Segregated Accounts Companies (SAC)
- Bahamas Executive Entity (BEE)
- Joint Ventures
- Partnership, General and Limited
- General Partnership
- Limited Liability Partnership (LLP)
- Exempted Limited Partnerships (ELP)
- Undisclosed Partnerships
- Subsidiaries/ Branches /Representative Offices
- Trusts
- Asset Protection Trusts (APTs)
- Purpose Trusts
- Foundations
- Private Trust Companies (PTC)
See article attached.
Corporate Structures