Create Event Planner 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.

Event Planner Services to Invoice

  • Event planning
  • Venue sourcing
  • Vendor coordination
  • On-site management
  • Corporate events
  • Private parties
  • Virtual events

Invoice Requirements in Bahamas

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

Payment Terms

Deposit to book, progress payments, balance before event.

CashNet 15Net 30Due on Receipt

Payment Methods in Bahamas

Bank TransferRoyal Bank of CanadaScotiabankCredit CardCash

Event Planner Invoice Tips

  • Reference event date/venue
  • Include planning fees separately
  • Note vendor pass-through costs
  • Document guest count
  • Specify deliverables

Frequently Asked Questions

What tax rate applies to event planner 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 event planners in Bahamas?

Common payment methods in Bahamas include: Bank Transfer, Royal Bank of Canada, Scotiabank, Credit Card, Cash. Deposit to book, progress payments, balance before event.

What should event planner invoices include in Bahamas?

Your invoice should include: TIN number, VAT registration, Client details, Invoice number. For event planner services specifically, also include: Event planning, Venue sourcing, Vendor coordination.

How should event planners price services?

Flat planning fee, percentage of budget, or hourly. Corporate events often use flat fees.

Should planners pass through vendor costs?

Either pass through with markup (10-20%) or have client pay vendors directly.

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.