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Set Up Your Business

Configure your business profile to start managing VAT compliance.

Required Information​

  • Business Name - Your registered business name
  • Trading Name - Name you operate under (if different)
  • TIN - Tax Identification Number from the Comptroller
  • VAT Number - Your VAT registration number
  • Business Address - Physical location in The Bahamas

Optional Settings​

  • Industry - Helps with transaction categorization
  • Food Store License - Required for 5% reduced rate eligibility
  • Logo - For branded VAT invoices

VAT Registration​

VAT Threshold

Businesses with taxable supplies over $100,000 BSD annually must register for VAT.

If you're not yet registered:

  1. Apply at the Department of Inland Revenue
  2. Receive your VAT number
  3. Enter it in CoralLedger Comply

Next Steps​