Bahamas captive domicile overview
2025-10-31
The closest offshore financial centre to the US mainland; captives licensed as restricted external insurers at modest scale.
| Active captives | About 9-12 restricted (captive) external insurers (ICB register, Oct 2025) |
| Minimum capital | US$100,000 (general business; US$200,000 long-term) |
| Annual licence fee | Annual licence approx. US$2,500 |
| Tax treatment | No corporate income tax, no capital gains tax |
| Regulator | Insurance Commission of The Bahamas (ICB) |
Data updated October 2026, compiled from regulator statistics and industry sources (Captive Review, Business Insurance, etc.). Figures refer to the most recent available year; please refer to regulator disclosures for the latest data.