Create Illustrator 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.

Illustrator Services to Invoice

  • Editorial illustration
  • Book illustration
  • Character design
  • Concept art
  • Pattern design
  • Icon illustration
  • Infographics

Invoice Requirements in Bahamas

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

Payment Terms

50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

CashNet 15Net 30Due on Receipt

Payment Methods in Bahamas

Bank TransferRoyal Bank of CanadaScotiabankCredit CardCash

Illustrator Invoice Tips

  • Specify number of illustrations
  • Include complexity level
  • Note licensing terms
  • Reference style/mood boards
  • Document revision rounds

Frequently Asked Questions

What tax rate applies to illustrator 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 illustrators in Bahamas?

Common payment methods in Bahamas include: Bank Transfer, Royal Bank of Canada, Scotiabank, Credit Card, Cash. 50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

What should illustrator invoices include in Bahamas?

Your invoice should include: TIN number, VAT registration, Client details, Invoice number. For illustrator services specifically, also include: Editorial illustration, Book illustration, Character design.

How should illustrators price their work?

Based on complexity, usage rights, and client type. Editorial rates differ from commercial.

What licensing terms should illustrators specify?

Define usage (print, digital, merchandise), duration, and exclusivity.

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.