Some years about, within the last five years, there has been a few rumours about persons who were interested in purchasing the "Port"and one that stuck out in my mind was the British Parliamentarian Lord Michael Ashcroft. Broad exemptions also exist depending on the location, ownership and whether the property is developed or undeveloped. A COMMENTARY. Address: Pioneers Way & The Mall Town: Freeport P.O. FN GENERAL MANAGER/MANAGING EDITOR. There are also quarrying operations on the island and a large shipyard. As an example discussions have begun with the Grand Bahama Port Authority to express the Government’s desire to bring business license fees for very small businesses on the same level as the government’s fee, which is $100. The Grand Bahama Port Authority | 60 followers on LinkedIn. In Freeport, international investors enjoy unique tax advantages and operate within an efficiently-run business environment sustained by GBPA. ‘Focus Forward’ is a 30-minute talk show sponsored by the Invest Grand Bahama unit of the Grand Bahama Port Authority. “This will be available to all low-risk businesses. Grand Bahama International Airport (GBIA) (IATA: FPO, ICAO: MYGF) is a privately owned international airport in Freeport, Bahamas.. BY FRED STURRUP. Grand Bahama Port Authority Ltd. Box F 42666 Freeport, Grand Bahama The Bahamas Tel. We are always on the look-out for the best industry professionals to work with us. An application form can be obtained from: Mr. Barry Malcolm Grand Bahama Port Authority Licensing Department P.O. The Grand Bahama Port Authority, Limited (GBPA) is responsible for licensing all businesses within the 'Port Area' of Grand Bahama Island, and has an efficient process for approving new applications. Also included is the Freeport Jetwash business of vehicle sales, automotive part sales, automotive servicing, and two service stations. It includes points (lat/lon), shapes/envelopes, lines, and all other geographic/geometric data about Grand Bahama. Business License. Never before, not even back in 2004 when the island was buffeted by the hurricane sister twins, Frances and Jeanne, who arrived on the heels of brother Ivan, has Grand Bahama been so depended on the Grand Bahama Port Authority, as is the case at the present time. Port Authority License accompany this package. “The first initiative, the new Micro Business License, enables those who are interested in operating small retail businesses to become GBPA licensees more easily and, at a lower cost than the regular business licenses. Box F-42666 Island: Grand Bahama, Bahamas Phone 242-350-9000 Website: www.gbpa.com. Fred Smith QC, the Callenders & Co attorney and partner, told Tribune Business that the March 6 deadline for Grand Bahama Port Authority (GBPA) licensees to apply for key tax exemptions had only created “confusion and uncertainty” in Freeport. The RISE initiative also takes into consideration critical challenges faced by Grand Bahamian businesses, including limited access to traditional forms of … Below you'll find a searchable list of all our business licensees. Building & Construction; Environmental Management; City Management; Town Planning; Oversight. City Water & Utilities (242)350-8600 Fax. “With a provisional license it will take just five days or less to start a new business,” Financial Secretary Marlon Johnson said in the release. The GBPA offers a wide range of business licenses available to both Bahamian and Non-Bahamian business owners. A LOCAL civic leader says the Bahamas Government should revoke tax concessions to the GB Port Authority following its approval to the GB Power Company of an increase in power fees. Under the Bahamian Business License Act it is an offense to fail to apply for a business license in the Bahamas. THE GRAND BAHAMA PORT AUTHORITY, LIMITED Post Office Box F-42666 • Freeport, Grand Bahama Island • Telephone: (242) 350-9051/3 • Fax: (242) 351-4169 APPLICATION FOR A BUSINESS LICENSE (Complete appropriate category 1a, lb or 1c) GBPA License Investors are required to obtain a Business License from the GBPA and non-Bahamians require approval from the Bahamas Investment Authority. It is actively being curated and added to on a scheduled basis. In New Providence, applications for business license are submitted directly to the Ministry of Finance together with the applicable license fee (see The Nature of Business and Their Requirements). Grand Bahama hopes to diversify its small and medium-size enterprise sector through a business diversity waiver, which affords innovative entrepreneurs in Grand Bahama a one year waiver on the Grand Bahama Port Authority GBPA license fee. The cost of entry makes it a high volume, low cost opportunity for individuals looking to test ideas or start small … This flirting idea I was made to believe was rejected. The Hawksbill Creek, Grand Bahama (Deep Water Harbour and Industrial Area) Act, The Hawksbill Creek, Grand Bahama (Deep Water Harbour and Industrial Area) (Amendment of Agreement) Act, City of Freeport, Building Code & Sanitary Code Bye-laws, City of Freeport, Removal of Refuse Bye-laws, City of Freeport, Control of Advertisements Act 1965, City of Freeport, Marina and Inland Waterways Bye-laws, City of Freeport, Water Preservation Bye-laws, City of Freeport, Landing Fees (Grand Bahama International Airport) Regulations, Customs Management (Sufferance Wharf) (Freeport Container Port) Notice, Road and Parks Builder Contractor of Record, Roof Truss Manufacturer Contractor of Record, Signage / Advertising Permit Application Form, Business License Application Form - Appendix A, Business License Application Procedure (Bahamians), Business License Application Procedure (Non-Bahamians), General Building Considerations for Building Back Better, Restrictive Covenants Derby 1 Tourist Commercial, Restrictive Covenants Discovery Bay Tourist Commercial, Restrictive Covenants Explorers Bay Tourist Commercial, Restrictive Covenants Lucayan Knoll Single Family, Restrictive Covenants Explorers Bay Universal, Restrictive Covenants Bristol Bay Units 1 2 Universal, Restrictive Covenants Greening Glade 2 Multi Family, Restrictive Covenants Bell Channel Unit 4 Addition Multi Family, Restrictive Covenants Caravelle Bay Universal, Restrictive Covenants Arden Forest Unit 6 Single Family, Restrictive Covenants Fortune Bay 4 5 Single Family, Restrictive Covenants Heritage Single Family, Restrictive Covenants Coral Bay Universal, Restrictive Covenants Bell Channel Bay 3 Tourist Commercial, Restrictive Covenants Canon Bay 1 2 Universal, Restrictive Covenants Arden Forest 1245 Multi Family, Restrictive Covenants Heritage Restrictions Stipulations Single Family, Restrictive Covenants Civic Industrial Area, Restrictive Covenants Bell Channel Bay Unit 4 Addition Tourist Commercial, Restrictive Covenants Suffolk 1 2 Universal, Restrictive Covenants Grasmere 1 2 Multi Family, Restrictive Covenants Royal Bahamian Estates, Restrictive Covenants Lucaya Estates 25 28 31 60 Universal, Restrictions Stipulations Fortune Bay Units 4 5 Multi Family, Restrictive Covenants Greening Glade 1 2 Single Family, Restrictive Covenants Bahama Terrace Section I, Restrictive Covenants Lincoln Park 3 Construction Design Guidelines, Restrictive Covenants Discovery Bay 2 3 Tourist Commercial, Restrictions Stipulations Fortune Bay Units 4 5 Single Family, Restrictive Covenants Voyager Bay Tourist Commercial, Restrictive Covenants Forest Green 6 Universal, Restrictive Covenants Arden Forest 1 2 4 5 Single Family, Restrictive Covenants Dover Sound Universal, Restrictive Covenants Shannon Country Club Universal, Restrictive Covenants Leicester County Single Family, Restrictive Covenants Heavy Industrial Area, Restrictive Covenants Windermere Universal, Restrictive Covenants Fortune Bay 4 5 Multi Family, Restrictive Covenants Devonshire Universal, Restrictive Covenants Bell Channel Bay Units 1 2 Multi Family, Restrictive Covenants Grasmere 1 3 Single Family, Restrictive Covenants Lincoln Park 1 2 Single Family, Restrictive Covenants Silver Bluff 1 5 Universal, Restrictive Covenants Royal Palm Bay Universal, Restrictive Covenants Lincoln Green 1 2 3 4 Universal, Restrictive Covenants Sentinel Bay 1 2 3 Universal, Restrictive Covenants Fortune Beach 2 Universal, Restrictive Covenants Arden Forest 6 Single Family, Restrictive Covenants Surrey Bay Universal, Restrictive Covenants Arden Forest 6 Multi Family, Restrictive Covenants Colony Bay Universal, Restrictions Stipulations Fortune Bay Units 4 5 Multi Family.zip, Restrictive Covenants Surrey Bay Tourist Commercial, Restrictive Covenants Fortune Point 2 3 4 Universal, Restrictive Covenants Galleon Bay Tourist Commercial, Restrictive Covenants Lucayan Glen 1 6 Universal, Restrictive Covenants Bristol Bay 1 2 Universal, Restrictive Covenants Universal Conveyance, Restrictive Covenants Arden Forest Construction Design Guidelines, Restrictive Covenants Bahamia Tourist Commercial, Restrictive Covenants Bahama Reef Section I, Restrictive Covenants Emerald Bay 1 2 3 Universal, Restrictive Covenants Canon Bay Units 1 2 Universal, Restrictive Covenants Lucaya Estates 1 6 8 24 29 30, Restrictive Covenants Bahama Terrace Section Ii, Restrictive Covenants Heritage Construction Design Guidelines, Restrictive Covenants Bahama Reef Section Ii, Restrictive Covenants Lincoln Park 3 Universal, Restrictive Covenants Arden Forest 3 Tourist Commercial, Restrictive Covenants Fortune Beach 2 Tourist Commercial, Restrictive Covenants Shannon 1 Universal, Restrictive Covenants Pearl Bay Universal, Restrictive Covenants Bell Channel Bay Unit 4 Addition, Restrictive Covenants Voyager Bay Universal, Restrictive Covenants Arden Forest Etal Multi Family, Restrictive Covenants Buckingham County Single Family, Restrictive Covenant Barbary Beach Tourist Commercial, Restrictive Covenants Bell Channel Bay 4 Multi Family, Restrictive Covenants Arden Forest Yeoman Wood Single Family, Restrictive Covenant Barbary Beach Universal. Business license: ranges from flat fee of BSD100 to 3 percent depending on industry and total revenues. Under the Bahamian Business License Act it is an offense to fail to apply for a business license in the Bahamas. the grand bahama port authority, limited will only consider applications for vendor’s permit from bahamian citizens who are:- a). Getting licensed to do business in Freeport is easy with three simple steps:1. Building zoning compliance 2. Business zoning compliance 3. We value every employee and believe that each one is essential to our pursuit of bettering the lives of the Grand Bahama community. Freeport, Grand Bahama The Bahamas Tel. From preliminary fact-finding through grant of final licences, direct access, and one-stop decisions, GBPA is … 1. name of applicant (type or … The RISE initiative is designed to assist micro and small businesses in re-establishing operations, to drive economic recovery, to build resilience and future sustainability for the city of Freeport and Grand Bahama Island in the aftermath of Hurricane Dorian. (242)350-9054 Fax. Box F-42666 Freeport, Grand Bahama The Grand Bahama Port Authority (GBPA) operates the free trade zone, under the Hawksbill Creek Agreement signed in August 1955 whereby the Bahamian government agreed that businesses in the Freeport area would pay no taxes before 1980, later extended to 2054. In the Grand Bahama Bonded Area an application must be submitted to the Grand Bahama Port Authority. GRAND BAHAMA PORT AUTHORITY LICENSED CONTRACTORS Albacore Construction Limited Five Star Custom Builders Ltd. Gardiner Construction Ltd. GOMEZ CONSTRUCTION Ideal Home Builders Ltd. Island Spray Professionals Ltd. For some areas both Bahamians and foreigners are forbidden from entering, such as areas monopolized by state, such as telecommunications which is mismanaged by the state-run Batelco Monopoly–thus ensuring high prices and lower quality service compared to privately run phone companies outside the country. Call Us for more information. Is the Grand Bahama Port Authority still for sale? The license fee to be paid varies and depends on the financial figures of a business during the previous year of operations. The MBL is an affordable start-up option for entrepreneurs to require a GBPA license. Applicants outside New Providence submit applications for business license to their Local District Board together with the required license fee. A valid business license certificate (for businesses) Two forms of valid photo identification; only passports, voter’s cards and driver’s licenses will be accepted. Departments. Real property tax: rate varies according to market value of property and whether it is residential or commercial property. Business. (242) 352-2714 Contact: Ms. Victoria Russell - Executive E-mail: vrussell@bahamas.com The Grand Bahama Port Authority Grand Bahama Port Authority Corporate Headquarters Licensing Department The Mall Drive P. O. The process for meeting both of these requirements is well-regulated and easily understood. Site by Bahamas 2000, The Nature of Business and Their Requirements. If you would like to join a team of innovative, technology-driven professionals, do not hesitate to apply below by submitting your … This repo contains the full export of all the GIS data stored and managed by the Grand Bahama Port Authority (GBPA) regarding the City of Freeport and Grand Bahama Island. will personally operate the vending business. Maximize Construction Limited - Yellow Fin General Contractors Ltd. All Bahamas Construction Company Limited Blue Ribbon Construction Co. Ltd. Start a Business; Procedures & Requirements; Invest Grand Bahama; Business Licensees; Business Resources. (242)351-4169 True or not, we are left to speculate. Search through our database to find our current business licensees. Box: P.O. The Ministry of Finance explained in a press release yesterday that the expedited business licenses will be available this year to “low-risk” businesses. With the GBPA’s new Micro Business License, it’s easier and more affordable for entrepreneurs to acquire a Business License and enjoy all the benefits of being part of our licensee community. The Grand Bahama Port Authority ( GBPA or "Port Authority") is a privately held corporation that also acts as the municipal authority for Freeport, Grand Bahama Island, The Bahamas.The GBPA was created by the Hawksbill Creek Agreement.. The announcement of the waiver comes ahead of a business innovation and e-commerce workshop being planned by the Invest Grand Bahama Small Business … Categories: Electrical Power Companies ; Government Offices; Actions: Visit : www.gbpa.com; Email this business ; Edit business information; Write a review; Add this business to favorites; Wrong info? Grand Bahama's tourism sector is complemented by the BORCO oil bunkering facility owned by Buckeye, the South Riding Point oil storage and transhipment terminal owned by Statoil, and a transshipment/container port partly owned by Hong Kong conglomerate Hutchison Whampoa and the Grand Bahama Port Authority. The Goal of the departmen… The New BH1-B Visa; Becoming a Licensed Vendor; Funding Your Business Venture; Capital Arena; Vision; City Services. Since 2005 the department has been creating new data in the form of GIS Layers, as well as updating and maintaining existing ones. The Grand Bahama Port Authority (GBPA) continues to help distinguish Grand Bahama by shaping the island’s economic development strategies. Two examples which give you a flavor of the process: Turnover (total income) – Cost of goods/services (CGOS) = Gross Profit $265,000 – $200,000 = $65,000, Gross Profit as a % of turnover ($65,000/$265,000) x 100 = 24%, Business Profitability: Low Business Size: Medium Fee: $265,000 x 0.5% = $1325, Turnover (total income) – Cost of goods/services (CGOS) = Gross Profit $84,000 – $52,000 = $32,000, Gross Profit as a % of turnover ($32,000/$84,000) x 100 = 38%, Business Profitability: Medium Business Size: Very Small Fee: $500, Copyright 1998-2020 TheBahamasGuide.com. Before the License Agreement can be prepared the following is required:- -An Inspection Request is forwarded to the Building and Development Services Department (Technical Department) of The Grand Bahama Port Authority, Limited to determine the following:- 1. Persons wishing to engage in business within the Freeport/Lucaya area must receive a business license. The Grand Bahama Port Authority, Limited is a career-oriented employer. Our strict policing of our restrictive covenants is intended so our investors can purchase from The Grand Bahama Development Company with confidence. Applications are processed within 2 - 4 weeks. unemployed and have no other source of income; and who b). This information is subject to change daily. Start a Business. Adequacy and design of space requirements for intended use Schedule of Business License Fees: Licensing, Forms: Download: Business License … Call us today to find out more about the NEW Micro Business License. Grand Bahama Island The Bahamas Tel: 242-352-6711 Fax: 242-352-9864 Email: BUSINESS LICENSES. All rights reserved. Been creating New data in the Bahamas Tel: 242-352-6711 Fax: 242-352-9864:. 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