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Lennox Paton
In 2017 The Bahamas enacted the Homeowners Protection Act (HPA). The legislation was touted as "groundbreaking" and was designed to provide "meaningful protection to homeowners by ensuring a true...
Lennox Paton
The Bahamas is a common law jurisdiction. The legislative provisions of the Rules of the Supreme Court govern the procedure of the Courts in conducting litigation, and common law precedent is also relied on.
Lennox Paton
Abaco, Grand Bahama and the surrounding Cays were severely impacted by Hurricane Dorian in 2019.
Lennox Paton
On 1 March 2021 Prime Minister Dr Hubert Minnis announced a Real Property Tax (RPT) Forgiveness Programme which will provide waivers to Bahamian and non-Bahamian property owners in The Bahamas who are in arrears.
Lennox Paton
2020 saw the modernisation of key financial services legislation. The Central Bank of The Bahamas sought to consolidate and modernise its primary legislation, repealing and replacing the Banks and Trust Companies Regulations Act.
Lennox Paton
This country-specific Q&A provides an overview of Banking & Finance laws and regulations applicable in The Bahamas.
Bahamas Financial Services Board
The Government of France has removed The Bahamas from the French list of non-cooperative states and territories in tax matters. The list, which is updated annually by the French Ministry ...
Bahamas Financial Services Board
The FCSP clearly defines the businesses and activities that require a person to be licensed as a financial or corporate service provider.
Lennox Paton
The Commercial Entities Substance Requirements Act (CESRA) 2018 requires all legal entities registered in The Bahamas to comply with economic substance reporting by submitting an annual filing...
Envoy Global, Inc.
The government has released the Bahamas Extended Access Travel Stay (BEATS) permit allowing professional workers and students to work or study remotely from the Bahamas.
Bahamas Financial Services Board
The FATF congratulates The Bahamas for the significant progress it has made in improving its AML/CFT regime.
Bahamas Financial Services Board
The passage of the Digital Assets and Registered Exchanges Bill, 2020 (DARE) has put in place the legal framework for a vital, well-regulated and compliant industry in The Bahamas for those interested in entering the digital asset space.
Lennox Paton
In December 2019 Parliament passed a package of environmental bills geared towards developing, reinforcing and strengthening the laws which promote and support the management, protection, enhancement and proper use of the Bahamian environment.
Lennox Paton
The Bahamian Government has implemented several emergency orders in response to COVID-19 and we wish to highlight the key legal developments.
Lennox Paton
This article considers the tax consequences of transferring Bahamian real property held by a company for estate planning purposes.
Lennox Paton
It should be noted that such programme has no impact on commercial leases or residential rentals over $2,000.00 per month.
Lennox Paton
The guide provides practical cross-border insight into restructuring and insolvency law. T
Lennox Paton
On 11 March 2020, the World Health Organization ("WHO") classified the global spread of COVID-19 as a pandemic.
Lennox Paton
On 11th March 2020, The World Health Organization declared COVID-19 a pandemic.
Lennox Paton
A second home in The Bahamas has been a highly sought-after commodity for international buyers from time immemorial.
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