Tax and accounting in Bahamas

Self-employed or running a company in Bahamas: what to know

Each topic below links to a free Guide that cites the official sources. Read it here, or add the Guides to the AI you already use and ask your own question.

How do I register a business in Bahamas?

The ways to trade, as self-employed or through a company, the steps to register and who you register with. Read the Bahamas Company Formation & Entity Choice Guide, written by Michael Cutajar and the OpenAccountants team.

How does income tax work in Bahamas?

Who pays, how the tax is worked out, what you can deduct and when to file, including for the self-employed. Read the Bahamas Personal Income Tax Guide, written by Michael Cutajar and the OpenAccountants team. 2 more Bahamas Guides on this below.

How do VAT and sales taxes work in Bahamas?

When you have to register, how often you file and what you can claim back. Read the Bahamas VAT Guide, written by Michael Cutajar and the OpenAccountants team.

What do I need to do to pay staff in Bahamas?

Withholding, social contributions and the employer registrations and filings. Read the Bahamas Payroll & Social Contributions Guide, written by Michael Cutajar and the OpenAccountants team.

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