The new Special Economic Reconstruction Zone Orders have been issued by the Government of The Bahamas as of January 5, 2022. For the most part, the new SERZ Order is the same as previous SERZ Orders with the exception that CONSTRUCTION SERVICES is no longer Zero VAT rated. This means you will now have to pay 10% VAT for all contractors, carpenters, roofers, drywallers, electricians, plumbers, air conditioning technicians, landscapers, heavy equipment operators, etc. The Abaco Chamber of Commerce would like your feedback on this issue.
Abaco Chamber of Commerce
Abaco Business Outlook 2021
Actual Zoom Presentation Recording
Small business isn’t for the faint of heart. It’s for the brave, the patient, and the persistent. It’s for the overcomer.
Abaco Strong - We will rebuild.