Presented by The Ministry of Finance

Tax Concessions Guides

With the recent passage of the 2021/22 Budget, the Government of The Bahamas has provided qualifying criteria for: 

  • Small & Medium Business Concessions
  • Special Economic Recovery Zone Concessions for Abaco & Grand Bahama
  • Special Concessions for Andros & The Southern Islands and
  • Concessions for Government Housing Programs

To Apply:

Visit www.mygateway.gov.bs
Click on the services tab, then on Ministry of Finance
Click the APPLY NOW button of your desired concession


Small & Medium Business Tax Concessions Guide

Revenue Department, Ministry of Finance

These guidelines will allow Small & Medium-sized businesses to apply for Duty-Free exemption on all items needed to start or expand their businesses. This includes first-time inventory for new and expansion of existing businesses in The Bahamas.


DOWNLOAD THE FULL GUIDE

Small & Medium Business Tax Concessions Guide


MOF-SMALL-BUSINESS (4)optimized.pdf

Government Housing Programs Tax Concessions Guide

Revenue Department, Ministry of Finance

These guidelines will provide for Customs Duty-free importation and local purchases of selected items for the construction of a dwelling home for first-time homeowners approved for a Government service lot.


DOWNLOAD THE FULL GUIDE

Government Housing Programs Tax Concessions Guide


MOF-GOV- HOMES (2)optimized.pdf

Special Economic Recovery Zone (SERZ)

Abaco & Grand Bahama Islands Tax Concessions

These guidelines will provide for Customs Duty and Value Added Tax-free importation applicable to any resident or prospective resident and business owner on the full range of materials they will need to build or renovate a house.


DOWNLOAD THE FULL GUIDE

Special Economic Recovery Zone (SERZ)


MOF-RECOVERY-ZONE (4)optimized.pdf

Special Tax Concessions Guide

For Andros & Southern Islands

These guidelines apply to any resident or prospective resident and business owner on the full range of materials they will need to build or renovate a house or to start or expand a business.


DOWNLOAD THE FULL GUIDE

Special Tax Concessions Guide


MOF-SPECIAL-CONCESSIONS (1)optimized.pdf

Archive Reports

Latest News

ABOUT

The budget website is inspired by a worldwide movement towards citizens budgets. Presented by the Ministry of Finance, it is a visual, interactive and less-technical version of the annual budget that promotes accessibility, inclusion, transparency and accountability.