Joint Statement From Bahamas Financial Services Board, Association Of International Banks And Trust Companies, Ministry Of Finance, Office Of The Attorney General
| Published date | 07 July 2023 |
| Law Firm | Bahamas Financial Services Board |
| Author | Bahamas Financial Services Board |
Business License Bill, 2023 and IBCs
AIBT, BFSB and the Ministry of Finance held an industry consultation on the new provisions in the Business License Bill, 2023 (the "Bill") as it pertains to IBCs who are doing business in or from within The Bahamas and the financial services industry. We are providing this written statement for the benefit of those who were not able to attend the consultation.
The Business License Act (the "Act") is only applicable to a person who carries on a business in or from within...
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