The Bahamas
Caribbean · BS · 0 treaties
What is the tax system in The Bahamas?
The Bahamas operates under a no income tax system, with a 0% corporate tax rate and 0% dividend withholding tax.
Tax profile
| Corporate income tax | 0% |
| Withholding — dividends | 0% |
| Withholding — interest | 0% |
| Withholding — royalties | 0% |
| VAT / GST (standard) | 10% |
| Personal income (top rate) | 0% |
| Capital gains | n/a |
| Tax system | No Income Tax |
| Residency threshold | 183 days |
| Exit / departure tax | No |
| CFC rules | No |
| Transfer pricing | None |
| Digital nomad visa | BEATS (Bahamas Extended Access Travel Stay) |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | None |
Common questions
- What is the standard VAT rate in The Bahamas?
- The standard Value Added Tax (VAT) rate in The Bahamas is 10%.
- How long does it take to become a tax resident in The Bahamas?
- To establish tax residency in The Bahamas, you must be physically present in the country for at least 183 days.
- Is cryptocurrency taxed in The Bahamas?
- Cryptocurrency is exempt from tax in The Bahamas, with long-term exemptions available.
Tax treaty network (14)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Canada | 15% | 15% | 15% |
| Mexico | 15% | 15% | 15% |
| United States of America | 15% | 15% | 15% |
| France | 5% | 5% | 5% |
| Germany | 5% | 5% | 5% |
| Italy | 15% | 15% | 15% |
| Japan | 15% | 15% | 15% |
| Netherlands | 5% | 5% | 5% |
| Norway | 15% | 15% | 15% |
| Russia | 15% | 15% | 15% |
| Spain | 15% | 15% | 15% |
| Sweden | 15% | 15% | 15% |
| Switzerland | 15% | 15% | 15% |
| United Kingdom | 15% | 15% | 15% |