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The Bahamas Foundation

Brought into being by the Foundations Act, 2004, the Bahamas Foundation preserves confidentiality, whilst providing clients an alternative vehicle through which to successfully plan for the future. 

The Benefits of using a Bahamas Foundation can include:

  • Broad legal recognition by Europeans and Latin Americans
  • Statutorily declared to be a legal entity domiciled in The Bahamas
  • May be used for private, commercial or charitable purposes
  • Does not recognise "Forced Heirship"
  • The Founder may reserve powers over the Foundation
  • No reporting requirements
  • Exempt from Bahamain Tax
  • Low capital requirements
  • Dispositions to the Bahamian Foundation benefit from provisions within the Fradulent Dispositions Act 1991
  • No Perpetuity Period allowing continual, unending succession

 

 

At Butterfield we can provide a full range of services for the Bahamas Foundation:

  • Preparation of the Foundation's Charter (and Articles if required)
  • Provision of Registered Office
  • Provision of the Foundation Secretary/Foundation Agent and other Officers
  • Provision of Foundation Council Members
  • Provision of Protector Services
  • Provision of full Foundation accounting services

 

Foundations Fact Sheet

To further discuss your individual requirements please contact:

Tim Colclough, Managing Director

Tel: (242) 677 8608

Email: tim.colclough@bs.butterfieldgroup.com

 
 
 
 
 

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