Create Business Coach Invoice in BSD →

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Bahamas Tax Information

10% VAT

VAT is 10%. No income tax or corporate tax. Registration required above BSD 100,000 turnover.

Business Coach Services to Invoice

  • One-on-one coaching
  • Group coaching
  • Strategy sessions
  • VIP days
  • Mastermind groups
  • Workshops
  • Assessment

Invoice Requirements in Bahamas

TIN number
VAT registration
Client details
Invoice number
VAT (10%)
Total in BSD

Payment Terms

Programs paid in full or 2-3 payments. VIP days require full payment upfront.

CashNet 15Net 30Due on Receipt

Payment Methods in Bahamas

Bank TransferRoyal Bank of CanadaScotiabankCredit CardCash

Business Coach Invoice Tips

  • Include package details
  • Reference coaching agreement
  • Track session dates
  • Note program milestones
  • Include bonuses delivered

Frequently Asked Questions

What tax rate applies to business coach invoices in Bahamas?

Bahamas has 10% VAT. VAT is 10%. No income tax or corporate tax. Registration required above BSD 100,000 turnover.

What payment methods are common for business coachs in Bahamas?

Common payment methods in Bahamas include: Bank Transfer, Royal Bank of Canada, Scotiabank, Credit Card, Cash. Programs paid in full or 2-3 payments. VIP days require full payment upfront.

What should business coach invoices include in Bahamas?

Your invoice should include: TIN number, VAT registration, Client details, Invoice number. For business coach services specifically, also include: One-on-one coaching, Group coaching, Strategy sessions.

How should coaches price packages?

Price based on transformation delivered. Package sessions for better value and commitment.

Should coaches require payment upfront?

Yes, upfront payment ensures commitment. Offer payment plans for higher-ticket programs.

What is Bahamas' VAT rate?

Bahamas applies 10% VAT on most goods and services. The country has no income tax or corporate tax, making VAT the primary business tax.