Manufacturing

:: Industries Encouragement Act

Responsible Agency


Ministry of Financial Services

Available concessions


  • No customs duties (machinery, equipment, raw materials and construction materials)
  • No export taxes (exports of the product manufactured)
  • No income taxes (manufacturer’s profits)
  • No real property taxes (factory premises)

Duration of concessions

  • Customs duties (on machinery, equipment and construction materials): once only, at time of registration, subject to limited exceptions
  • Customs duties on raw materials: as long as manufacturer remains an “Approved Manufacturer”
  • Export taxes: 15 years
  • Import taxes: 15 years
  • Real property taxes: 15 years

Other requirements


Customs Bond

:: Tariff Act

Responsible Agency

Ministry of Finance

Available concessions

  • Customs duty exemptions on specified materials and equipment
  • 10% customs duty on specified materials and equipment used in the commercial printing industry

Duration of concessions

1 year, subject to annual extension up to a maximum of 5 years

Other requirements

Applicable only to small businesses in handicraft industry or in cottage or light industries

:: Spirits and Beer Manufacture Act

Responsible Agency

Ministry of Finance

Available concessions

  • 100% customs duty rebate on exports of alcohol, spirits, gin, vodka, rum and beer manufactured in The Bahamas
  • 80% customs duty rebate on alcohol, neutral or cologne spirits if used to produce gin, vodka or other similar product
  • No duty on imports of all raw materials, machinery, tools, fixtures, equipment or supplied to be used solely in a licensed distillery or brewery, for businesses under 5 years; 10% for businesses over 5 years
  • Refund of customs duties on construction and other related materials used for a licensed distillery or brewery

Duration of concessions

  • As long as manufacturer is licensed (25 year max duration of licence)
  • Customs duties (on construction materials and equipment): once only, at time of licensing, subject to limited exceptions

Other requirements

  • Licence to distill or brew beer or spirits
  • Customs bond
  • Declaration that articles to be used solely for licensed distillery or brewery factory

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