Taxes
Bahamas — Tax: Corporate Tax
Bahamas's combined statutory corporate income tax rate is 0% (2026), according to the OECD Tax Database.
VerifiedGovernment / official sourceOECD — Tax Database, Corporate income tax statutory rates (OECD.CTP.TPS DSD_TAX_CIT@DF_CIT)Last reviewed: 2026-10-18
Key facts
- Combined statutory corporate income tax rate (national plus sub-national): 0% (2026)
- Central government rate: 0% (2026)
Steps
- Obtain a Business Licence — Companies must obtain a business licence from the Bahamas Investment Authority, which requires submission of various documents, including a business plan and proof of funding.
- Register with the Companies Registry — Companies must register with the Companies Registry, which requires submission of various documents, including the company's constitution and articles of association.
Costs
- Annual government fee for IBCs incorporated in The Bahamas: BSD $350
Timelines
- Annual government fee payment: 1 day before January 1st of each year
Required documents
- Business plan
- Proof of funding
- Company constitution
- Articles of association
Common mistakes
- Failing to obtain the necessary business licences and registrations
- Not submitting the required documents in a timely manner
What this figure does not cover
This is the headline statutory rate. Deductions, reduced rates for particular sectors or regions, minimum taxes, local business taxes, withholding taxes and registration or filing procedures are not covered here. Check the national tax authority for your situation.