May 22, 2023 | Insight
The Ministry of Finance has released its Green Paper on Corporate Income Tax (CIT) Strategies for The Bahamas for public consultation. According to the Minister of Finance, the goals of the government are two fold: (i) transitioning away from the current business...
Apr 3, 2023 | Insight
GSO Partner and Head of Litigation Giahna Soles-Hunt was a contributing author for the Supreme Court Civil Procedure Rules, 2022 (CPR) Practice Guide. The practice guide supports the new CPR, which came into effect in The Bahamas on March 1, 2023 with an aim to...
Mar 23, 2023 | Insight
Pursuant to Guidelines provided by the Ministry of Finance, effective 31 January 2023, all condo-hotels and properties within a hotel rental pool will be required to pay a tax called a “Condo-Hotel Tax” to the Chief Valuation Officer by 31 January each year (during...
Mar 3, 2023 | Insight
Please be advised that new Supreme Court Civil Procedure Rules, 2022 (“CPR”) of The Bahamas came into effect in The Bahamas March 1, 2023. With the principal intention of improving access to the courts, the CPR aims to reduce the cost of civil litigation, simplify...
Apr 21, 2020 | Insight
The emergence of the COVID-19 (Coronavirus) pandemic has resulted in the implementation of social distancing measures and ‘work from home’ orders across various jurisdictions, including The Bahamas. In an effort to continue ‘business as usual’, individuals, as well as...
Apr 16, 2020 | Insight
In addition to services available via the Registrar General’s Department’s (“RGD”) online portal, the RGD has established the following procedures to facilitate a number of company related requests, effective 15 April 2020: 1. Submit your request along with any...
