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

Meet the Team