What are the documents required to establish a company in Bahamas?
To establish a company in the Bahamas, you need to prepare the following documents:
1. Company registration application form: The application form, which must be prepared depending on the type of company, must be filled out by the founder of the company.
2. Company constitution: The company constitution determines the rules and policies to be applied in the establishment and management of the company. This document must be prepared by the company's lawyer.
3. Local representative of the company: When establishing a company in the Bahamas, a local representative must be appointed. This person will have the authority to act on the company's behalf.
4. Name of the company: When choosing the name of the company, an availability check in the Bahamas is required. Once the business name has been selected, you must contact the Bahamas Trade Commission to confirm the availability of the business name.
5. Information of the company's shareholders: Information regarding the company's shareholders must be fully stated. This information includes name, address, citizenship status and share rates.
6. Information of the company's managers: Information about the company's managers must be fully stated. This information includes name, address, citizenship status and duties.
7. Capital of the company: The capital of the company must be determined and the source of the capital must be disclosed.
8. Field of activity of the company: The field of activity of the company must be determined and the necessary permits must be obtained to operate in this field.
9. Local office of the company: Those who want to establish a company in the Bahamas must specify a local office or address. After these documents are prepared to establish a company in the Bahamas, you must apply to the Bahamas Trade Commission. After your application is reviewed, the company will be registered.
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