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The Grand Bahama Port Authority [1] ( GBPA or "Port Authority") is a privately held corporation that also acts as the municipal authority for Freeport, Grand Bahama Island, The Bahamas. The GBPA was created by the Hawksbill Creek Agreement . The GBPA is horizontally integrated with property development, municipal services, airport (world's ...
The fee for a Special Event license such as a marathon is $209. The license for a movie theater costs $1,079 per year, for a grocery store $289 per year, for a beauty shop $78 per year. (2003 schedule of fees, current as of March 2007) A Project Management Firm does not require a Basic Business License, nor does a Handyman.
The Bahamas does not impose income tax, inheritance tax or wealth tax. Social security tax is payable to the National Insurance Board at 3.9% by employees and 5.9% by employers, or 9.8% for self-employed individuals, up to maximum amounts. Property taxes
In 2016, over 3 million tourists visited the Bahamas, most of whom are from the United States and Canada. Notable firms. This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and ...
Features. Characteristics of an IBC vary by jurisdiction, but will usually include: Chart of an offshore company structure. exemption from local corporate taxation and stamp duty, provided that the company engages in no local business (annual agent's fees and company registration taxes are still payable, which are normally a few hundred U.S. dollars per year)
The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. [8] It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction ...
The University of The Bahamas has about 5,000 students and over 12,000 alumni. It is one of the largest employers in The Bahamas, employing 700 faculty and staff. Seventy-six percent of the over 300 faculty (261 full-time and 96 part-time) are Bahamian. The College of The Bahamas (COB) was the pre-cursor to the University of The Bahamas.
Margaritaville at Sea (formerly Bahamas Paradise Cruise Line) is a cruise line that operates two-day voyages out of West Palm Beach, Florida to Grand Bahama Island. The company was originally founded as Bahamas Paradise Cruise Line in late 2014, and began operating its first cruises in February 2015 with the now retired Grand Celebration .
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