10:53 AM
Bahamas Company Listing Progress Report

Time of Country Update: 06-08-2025

Bahamas flag
 

Bahamas Country Progress Report

 

The shown numbers in this review are retrieved from BizPages' Bahamas➜🇧🇸 list of companies. Visit the businesses in Bahamas page for complete info, search mechanism, visual aids, vetted companies, short country business profile and links to adjoining countries. By adding their business to this company directory, business persons can highlight their business brand through a complete profile: company name, physical address, website, email, phone number, and connections to social media and messaging platforms.

Economic Overview

The Bahamas offers a stable, English-speaking business environment with:

  • AAA-rated sovereign stability
  • Modern financial infrastructure
  • Strategic location near major U.S. markets
  • Robust tourism industry (60% of GDP)

Key Business Advantages

Tax Benefits

  • No corporate income tax
  • No personal income tax
  • No capital gains tax
  • 10% VAT (reduced from 12% in 2023)

Tourism Economy

  • 7.3 million visitors annually
  • Luxury resort developments
  • Yachting and marina facilities
  • Medical tourism growth

Financial Services

  • $360 billion in assets under administration
  • Modern digital banking framework
  • Special economic zones for fintech

Investment Considerations

Cost Structure

Item Cost
Commercial electricity $0.38/kWh
Skilled labor (hourly) $18-25
Office space (Nassau CBD) $35-50/sq ft/month

Regulatory Timeline

Process Duration
Business incorporation 5-7 business days
Construction permits 60-90 days
Work permits 21 days

Growth Opportunities

Renewable Energy

  • $700 million planned investments
  • Solar and wind projects
  • Battery storage initiatives

Blue Economy

  • Marine biotechnology
  • Sustainable fisheries
  • Marine conservation

Digital Infrastructure

  • 5G network expansion
  • Data center development
  • Subsea cable connections

Government Incentives

  • 15% R&D tax credit
  • Fast-track approvals for major projects
  • Special residency programs
  • Duty concessions in Free Trade Zones
Category: Technology & Innovation | Views: 89 | Added by: edmart80 | Rating: 0.0/0
Total comments: 0