Create Mobile Developer 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.

Mobile Developer Services to Invoice

  • iOS development
  • Android development
  • Cross-platform apps
  • App maintenance
  • App store submission
  • Bug fixes
  • Feature updates

Invoice Requirements in Bahamas

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

Payment Terms

30% upfront, 40% at beta, 30% at launch. Maintenance billed monthly.

CashNet 15Net 30Due on Receipt

Payment Methods in Bahamas

Bank TransferRoyal Bank of CanadaScotiabankCredit CardCash

Mobile Developer Invoice Tips

  • Reference app version numbers
  • Break down by platform
  • Include testing phases
  • Document store submission
  • Track post-launch support

Frequently Asked Questions

What tax rate applies to mobile developer 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 mobile developers in Bahamas?

Common payment methods in Bahamas include: Bank Transfer, Royal Bank of Canada, Scotiabank, Credit Card, Cash. 30% upfront, 40% at beta, 30% at launch. Maintenance billed monthly.

What should mobile developer invoices include in Bahamas?

Your invoice should include: TIN number, VAT registration, Client details, Invoice number. For mobile developer services specifically, also include: iOS development, Android development, Cross-platform apps.

How should mobile developers structure invoices?

Break down by development phase: design, development, testing, submission. Include platform-specific costs.

Should app developers charge for store submission?

Yes, include store submission as a line item. Cover the time for screenshots, descriptions, and submission process.

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.