The Bahamas
The Bahamas is a competitive international financial center that promotes cost-effective growth through the use of segregated account (cell) captives. The External Insurance Act of 2009 classifies all captives as 'restricted' external insurers, while the 2017 Commercial Enterprises Act encourages a domestic presence for specific industries. Licensing involves a robust process, including a pre-application meeting and a 30-to-60-day window to meet approval conditions.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Share Capital | $100,000 (additional regulatory capital may be required) |
Regulatory Framework
External Insurance Act 2009
Tax Environment
$2,500 annual renewal fee for standalone captives
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering The Bahamas for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if The Bahamas is the right fit.