Create Therapist 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.

Therapist Services to Invoice

  • Individual therapy
  • Couples therapy
  • Family therapy
  • Group therapy
  • Assessment sessions
  • Crisis intervention
  • Telehealth sessions

Invoice Requirements in Bahamas

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

Payment Terms

Payment at time of service. Insurance claims filed separately if applicable.

CashNet 15Net 30Due on Receipt

Payment Methods in Bahamas

Bank TransferRoyal Bank of CanadaScotiabankCredit CardCash

Therapist Invoice Tips

  • Include CPT codes
  • Note session duration
  • Reference diagnosis codes
  • Document session dates
  • Meet HIPAA requirements

Frequently Asked Questions

What tax rate applies to therapist 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 therapists in Bahamas?

Common payment methods in Bahamas include: Bank Transfer, Royal Bank of Canada, Scotiabank, Credit Card, Cash. Payment at time of service. Insurance claims filed separately if applicable.

What should therapist invoices include in Bahamas?

Your invoice should include: TIN number, VAT registration, Client details, Invoice number. For therapist services specifically, also include: Individual therapy, Couples therapy, Family therapy.

What should therapy invoices include?

Provider info, NPI number, CPT codes, diagnosis codes, session dates, and fees. Meet insurance requirements.

How do therapists handle insurance?

Create superbills for clients to submit. Or file claims directly if in-network. List insurance vs. self-pay rates.

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.