The Registrar General's Department oversees filings, but only licensed agents can submit them.
To incorporate in the Bahamas, you must meet several foundational criteria:
Minimum of one shareholder and one director ; these can be the same person and can be individuals or corporate entities. setting up a shell corp in the nassau
Registration of Company in Bahamas | Law & Trust International
It is mandatory to appoint a licensed local registered agent and maintain a physical address in the Bahamas (usually the agent's office). No local residency is required for directors or shareholders
No local residency is required for directors or shareholders.
Standard authorized share capital is typically $50,000 , though there is no minimum paid-up capital requirement (starting at $1). 2. Step-by-Step Setup Process The Registrar General's Department oversees filings
Setting up an International Business Company (IBC) in Nassau —often referred to as a "shell corporation"—is a streamlined process that generally takes between . While "shell" implies an entity without active operations or significant local assets, it must still be legally registered and maintain a local presence via a professional agent. 1. Essential Requirements