The Bahamas’ is making substantial strides to improve the ease of doing business and attract new and diverse business. At the end of 2017 Parliament passed legislation designed to streamline and fast-track the startup of businesses in specified areas of the economy. The new regime, called the Commercial Enterprises Act (“CEA”), came into effect in 2018.
Whether Bahamian or non-Bahamian, the CEA provides incentives to establish in The Bahamas a specialized commercial enterprise in one of the following areas:
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Key Features of the CEA:
Further information including a copy of the CEA may be found:
https://thenassauguardian.com/2017/12/01/govt-amends-enterprises-bill/
https://thenassauguardian.com/2017/11/21/commercial-enterprise-bill-debated-tomorrow/
Our team at DELANEY PARTNERS is well-equipped to advise you on all aspects of establishing a commercial enterprise. Please contact us info@delaneypartners.com.
© Delaney Partners, March 2018.