BAHAMAS
N/A
Pillar Online sales and transactions |
Indicator Threshold for ‘De Minimis’ rule
Lack of de minimis threshold
The Bahamas does not implement any de minimis threshold, which is the minimum value of goods below which customs do not charge duties.
Coverage Horizontal
BAHAMAS
Since July 2006
Since June 2003
Since June 2003
Pillar Online sales and transactions |
Indicator Framework for consumer protection applicable to online commerce
Consumer Protection Act
Electronic Communications and Transactions Act
Electronic Communications and Transactions Act
The Consumer Protection Act and the Electronic Communications and Transactions Act provide a comprehensive consumer protection framework that also applies to online transactions.
Coverage Horizontal
BAHAMAS
Since June 2010, last amended in 2011
Pillar Public procurement of ICT goods and online services |
Indicator Other limitations on foreign participation in public procurement
Framework Regional Integration Policy on Public Procurement (CARICOM)
According to Art. 52(b)(v) of the 2011 Framework Regional Integration Policy on Public Procurement, CARICOM member States may apply a margin of preference in favour of regional suppliers. However, the provision does not specify the level or percentage of the margin of preference.
Coverage Horizontal
BAHAMAS
Reported in 2022, last reported in 2023
Pillar Telecom infrastructure & competition |
Indicator Presence of an independent telecom authority
Presence of an independent telecom authority
It is reported that the Utilities Regulation and Competition Authority (URCA), the executive authority for the supervision and administration of services in the telecommunications sector, is independent from the government in the decision-making process.
Coverage Telecommunications sector
Sources
- https://web.archive.org/web/20241004085651/https://urcabahamas.bs/about-urca/
- https://web.archive.org/web/20240326044712/https://www.urcabahamas.bs/wp-content/uploads/2016/08/The-Communications-Act-2009-.pdf
- https://web.archive.org/web/20230111205103/https://www.urcabahamas.bs/wp-content/uploads/2017/01/URCA-Act-2009-1.pdf
- https://app.gen5.digital/tracker/country-cards/Bahamas
- Show more...
BAHAMAS
Since June 2023
Pillar Public procurement of ICT goods and online services |
Indicator Other limitations on foreign participation in public procurement
Public Procurement Act, 2023
Art. 43 of the Public Procurement Act of 2023 permits preferential treatment for specific groups, including small and medium-sized enterprises (SMEs), businesses owned by women and young people, and businesses operating on less developed islands. A margin of preference should be applied to eligible bids in accordance with any rules prescribed by regulations (Art. 37.4.g). However, the regulations have not yet been adopted. The Public Procurement Act of 2023 repealed and replaced the Public Procurement Act of 2021, which contained the same restriction in its Art. 46. However, the 2021 Act did not elucidate the beneficiaries of the preferential treatment.
Coverage Horizontal
Sources
- https://web.archive.org/web/20240717085121/https://www.bahamas.gov.bs/wps/wcm/connect/b5d1d3c1-80a5-40be-aa7d-61b190bf3c04/Public+Procurement+Act+2023+(2).pdf?MOD=AJPERES
- https://web.archive.org/web/20251210020151/https://www.trade.gov/country-commercial-guides/bahamas-selling-public-sector
- https://web.archive.org/web/20230610043134/https://mofvendors.gov.bs/wp-content/uploads/2022/08/PublicProcurementAct-2021-I-1.pdf
- Show more...
BAHAMAS
Reported in 2022, last reported in 2025
Pillar Public procurement of ICT goods and online services |
Indicator Other limitations on foreign participation in public procurement
Lack of transparency in public procurement
Although the Public Procurement Act of 2023 seeks to overhaul the administration of government contracts and strengthen transparency and accountability in procurement processes, stakeholders reportedly continue to identify gaps in the enforcement of procurement rules and risks of favouritism in contract awards. Firms have also reported perceived corruption in government procurement.
Coverage Horizontal
BAHAMAS
N/A
Pillar Public procurement of ICT goods and online services |
Indicator Signatory of the WTO Agreement on Government Procurement (GPA) with coverage of the most relevant services sectors (CPC 752, 754, 84)
Lack of participation in the WTO Agreement on Government Procurement (GPA)
The Bahamas is not a party to the World Trade Organization (WTO) Agreement on Government Procurement (GPA). In fact, the country is not a member of the WTO.
Coverage Horizontal
BAHAMAS
N/A
Pillar Foreign Direct Investment (FDI) in sectors relevant to digital trade |
Indicator Maximum foreign equity share
Bahamas’ National Investment Policy
The Bahamas’ National Investment Policy provides that foreign direct investment is to receive treatment equivalent to that afforded to domestic investors. Although the policy reserves certain business sectors for Bahamian nationals, none of these sectors are directly relevant to digital trade.
Coverage Horizontal
BAHAMAS
Reported in 2020, last reported in 2025
Pillar Foreign Direct Investment (FDI) in sectors relevant to digital trade |
Indicator Screening of investment and acquisitions
Screening of investment
According to the Ministry of Finance’s official website, all foreigners and permanent residents seeking to conduct business in The Bahamas must submit a project proposal to the Bahamas Investment Authority (BIA). The BIA operates as a “one-stop shop” to assist investors in navigating the approval process across the various government departments and agencies, ensuring that all requirements are met before the investment application is forwarded to the National Economic Council or the Cabinet for approval. BIA services are available to all investors whose projects meet the minimum investment threshold of BSD 500,000 (approx. USD 500,000).
The BIA’s Project Proposal Guidelines set out the information and documentation that investors are required to submit, in line with the National Investment Policy. This includes, inter alia, the designation of a local representative (such as an attorney, accountant or agent) and the provision of an environmental impact assessment. It has been reported, however, that companies have raised concerns about significant delays in the FDI approval process, including instances in which the government has reportedly failed to respond to investment applications.
The BIA’s Project Proposal Guidelines set out the information and documentation that investors are required to submit, in line with the National Investment Policy. This includes, inter alia, the designation of a local representative (such as an attorney, accountant or agent) and the provision of an environmental impact assessment. It has been reported, however, that companies have raised concerns about significant delays in the FDI approval process, including instances in which the government has reportedly failed to respond to investment applications.
Coverage Horizontal
Sources
- https://web.archive.org/web/20260107152319/https://www.mof.gov.bs/service/establishing-a-business-in-the-bahamas
- https://web.archive.org/web/20230731112901/http://forms.bahamas.gov.bs/documents/OPM_OPM_Project%20Proposal%20Guidelines.pdf
- https://web.archive.org/web/20250928181006/https://www.state.gov/reports/2025-investment-climate-statements/the-bahamas/
- https://web.archive.org/web/20250602165142/https://www.bahamas.gov.bs/bahamas-investment-authority-bia
- Show more...
BAHAMAS
Since July 2024
Since May 2025
Since May 2025
Pillar Intellectual Property Rights (IPRs) |
Indicator Practical or legal restrictions related to the application process for patents
Patents Act, 2024
Patents Regulations, 2025
Patents Regulations, 2025
According to Art. 18 of the Patents Act 2024, where an applicant’s ordinary residence or principal place of business is outside The Bahamas, the applicant must provide an address for service within The Bahamas.
In addition, under Art. 9 of Patents Regulations 2025, every person with an interest in proceedings to which the Regulations apply, as well as every patentee, must furnish the Registrar with an address for service in The Bahamas. The address must include the street address and any other information necessary to enable the place of business or location of the person to be easily identified, and may be supplemented by an electronic address for service.
In addition, under Art. 9 of Patents Regulations 2025, every person with an interest in proceedings to which the Regulations apply, as well as every patentee, must furnish the Registrar with an address for service in The Bahamas. The address must include the street address and any other information necessary to enable the place of business or location of the person to be easily identified, and may be supplemented by an electronic address for service.
Coverage Horizontal
BAHAMAS
N/A
Pillar Intellectual Property Rights (IPRs) |
Indicator Participation in the Patent Cooperation Treaty (PCT)
Lack of participation in the Patent Cooperation Treaty (PCT)
The Bahamas is not a party to the Patent Cooperation Treaty (PCT).
Coverage Horizontal
BAHAMAS
Since July 2024
Pillar Intellectual Property Rights (IPRs) |
Indicator Copyright law with clear exceptions
Copyright Act, 2024
The Bahamas has a clear regime of copyright exceptions that follows the fair dealing model, which enables the lawful use of copyrighted work by others without obtaining permission. Part VII of the Copyright Act of 2024 lists the exceptions, which include: research, private study, and criticism, among others.
Coverage Horizontal
BAHAMAS
N/A
Pillar Intellectual Property Rights (IPRs) |
Indicator Adoption of the WIPO Copyright Treaty
Lack of signature of the WIPO Copyright Treaty
The Bahamas has not signed the World Intellectual Property Organization (WIPO) Copyright Treaty.
Coverage Horizontal
BAHAMAS
N/A
Pillar Intellectual Property Rights (IPRs) |
Indicator Adoption of the WIPO Performances and Phonograms Treaty
Lack of signature of the WIPO Performances and Phonograms Treaty
The Bahamas has not signed the World Intellectual Property Organization (WIPO) Performances and Phonograms Treaty.
Coverage Horizontal
BAHAMAS
N/A
Pillar Intellectual Property Rights (IPRs) |
Indicator Effective protection covering trade secrets
Lack of comprehensive regulatory framework covering trade secrets
The Bahamas lacks a comprehensive framework in place that provides effective protection of trade secrets, but there are limited measures addressing some issues related to them. According to Art. 23 of the Freedom of Information Act 2017, a record is exempt from disclosure to the public if such disclosure relates to information acquired by a public authority from business, commercial or financial undertakings, and (a) the information relates to trade secrets or other matters of business, commercial or financial nature; or (ii) the disclosure of the information would be likely to expose the undertaking to a disadvantage. Moreover, it is reported that trade secrets may be protected by contract or by common law.
Coverage Horizontal
Sources
- https://web.archive.org/web/20250214070738/https://www.bahamas.gov.bs/wps/portal/public/gov/government/notices/the%20freedom%20of%20information%20act%202017/!ut/p/b1/vZTbbqMwFEW_pR_QYptrHk0gBoId7gReEL...
- https://web.archive.org/web/20250811200704/https://iclg.com/practice-areas/fintech-laws-and-regulations/bahamas
