When meeting with a small business attorney it is important to have a number of key questions to ask your attorney at the first meeting. This article attempts to provide some essential questions to ask. It is important to know whether or not your business is classified as a “small” business. The answer to this
The death of a loved one is harsh. Handling the probate process alone is more complex while still grieving their loss. To complete the probate procedure, most people hire an attorney. The procedure of making the appropriate applications to the Probate Registry, gathering and managing a deceased person’s assets, paying any outstanding obligations and distributing
Some view corporate vehicles including companies, trusts, foundations, partnerships and the like as being vulnerable to misuse by criminals for nefarious acts such as money laundering, bribery and corruption, insider dealings, tax fraud, terrorist financing and more.
NON-PROFIT ORGANIZATION AND VAT This article discusses VAT filing obligations for Non-Profit Organizations (NPOs) and Domestic Bahamian Companies and provides insight into annual business filings for incorporated companies. It also takes a brief look at business licence renewal requirements for “trading as” companies. Non-Profit Organization “NPO” are organizations which are established for the purposes of
Deadline for filing pursuant to the Commercial Entities (Substance Requirements) Act, 2018 for entities in existence under the applicable Acts in 2019 is 31 December 2020, filing is to take place 9 months following a company’s end of fiscal year.
All Bahamian entities incorporated under the Companies Act, International Business Companies Act, Exempted Limited Partnership Act, Partnership Act, Limited Liability Partnership Act and being in existence in 2019 is required to file a report with the Competent Authority by 31 December 2020