At PwC, our purpose is to build trust in society and solve important problems. In our increasingly complex world, we work with businesses, government and the community to deliver solutions and sustained outcomes. To help The Bahamas continue to thrive and grow.
With offices in 155 countries and more than 327,000 people, we are among the leading professional services networks in the world. We help organisations and individuals create the value they are looking for, by delivering quality in Assurance, Tax and Advisory services.
Since 1949, we’ve served the businesses of The Commonwealth of The Bahamas, located on an archipelago of 700 islands and some 2,000 rocks and cays. Located just 50 miles south of the state of Florida, USA, The Bahamas spans some 100,000 square miles (260,000 kilometers).
We have offices in Nassau, the capital city located on the island of New Providence, and Freeport, the second largest city located on the Island of Grand Bahama.The Bahamas’ warm sunshine, white sandy beaches, crystal clear waters and friendly people have made
it one of the premier tourist destinations in the world, with well over three million visitors each year. Tourism is the country’s number-one industry.
The Bahamas also thrives as a financial centre, with financial services ranking as the second most important industry. Other important industries include construction, agriculture and fishing.
With a democracy dating back to 1729, The Bahamas levies no income taxes. The government’s primary source of revenue comes from import taxes, such as customs duties and stamp taxes. The country has a relatively stable economy and good standard of living and boasts one of the highest per capita incomes in the region. It gained independence from Britain in 1973 but remains a member of the Commonwealth of Nations, with Her Majesty Queen Elizabeth II as head of state. The Queen’s representative in The Bahamas is the governor general.
Territory factsheet
Name: Commonwealth of The Bahamas
Capital: Nassau
Airport(s): Lynden Pindling International, Nassau Grand Bahama International - Freeport
Population: 400,160
Languages: English (official)
Anthem: March On, Bahamaland
Location: 20 28 N, 72 80 W
Area: 13,878 km2 / 5,358 miles2
Currency: Bahamian Dollar (BSD)
Motto: Forward, Upward, Onward, Together
Date of Independence: 10 July 1973 (from the UK)
