Grand Bahama Chamber of Commerce: To Build, To Promote, To Serve!

Stay Connected With The GB Chamber

The Chamber holds general meetings to discuss relevant issues pertaining to commerce. Our aim is to seek solutions and render assistance according to each respective field of trade. Feel free to contact us and don’t forget to follow us on facebook to stay updated with latest chamber events and news.

Confused about V.A.T?

VAT-Handshake

VAT, or Value Added Tax, is a consumption based tax charged on most goods or services locally bought or rendered.
VAT is a stable tax reform that must be supplied in order to create and maintain an ample revenue stream. The increase of debt is an issue that must be detained, along with the realization that past customs activities, along with the decrease in custom duties, are inadequate forms of governmental income. The staged collection process of VAT will allow a safe and effective form of tax passage and will provide sufficient funding to future government activities as well economic and population expansions.
The standard rate of VAT for most goods and services is 7.5%. Some goods and services are zero-rated, i.e. a 0% rate of VAT applies to them, and some are exempt. A list of exempt supplies can be found in the VAT Act.
All consumers pay VAT. The VAT collected by the businesses will be paid to the government.

For FAQs related to Business, click here.
For FAQs related to Consumers, click here.
For more information and the latest updates on Value Added Tax be sure to visit the Official VAT Bahamas website.

Aug 2016

Junkanoo Summer Festival – 05/08/2016 - 27/08/2016 at 6:00 pm - 12:00 am
The Grand Bahama Chamber of Commerce Monthly Business Meeting – 26/08/2016 at 12:30 pm - 2:15 pm
Humane Society - Pub Quiz – 27/08/2016 at 8:00 pm

Sep 2016

Freeport Player’s Guild President's Cocktail Party – 10/09/2016 at All Day

Oct 2016

Freeport Player’s Guild Dance Central Social – 21/10/2016 at All Day
7th Annual Business Excellence Awards – 22/10/2016 at 7:00 pm - 11:00 pm

Nov 2016

30th Annual Grand Bahama Conchman Triathlon – 05/11/2016 at All Day
Meeting of the Minds: Culinary Fusion – 05/11/2016 at 4:00 pm - 11:00 pm
Humane Society - Road Rally – 12/11/2016 at All Day

Dec 2016

Festival Noel. – 02/12/2016 at All Day
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Recent Posts

1108, 2016

Grand Bahama Chamber of Commerce Monthly Business Meeting

August 11th, 2016|Comments Off on Grand Bahama Chamber of Commerce Monthly Business Meeting

Please join us for an informative and educational meeting on Friday, August 26, 2016 @12:30 p.m., Delphine Room, Pelican Bay Hotel.  Topic: “The Threat of De-Risking in The Bahamas” presented by Mr. John A. Rolle, Governor, The […]

1307, 2016

GBPA vice chairman to address GB Chamber members on Freeport future on Friday

July 13th, 2016|Comments Off on GBPA vice chairman to address GB Chamber members on Freeport future on Friday

The Grand Bahama Chamber of Commerce (GBCC) has announced that Grand Bahama Port Authority (GBPA) Vice Chairman Sarah St. George will serve as guest speaker for its monthly business meeting on Friday, July 15 at […]

807, 2016

Submit your nominations for the Grand Bahama Chamber of Commerce Business Excellence Awards

July 8th, 2016|Comments Off on Submit your nominations for the Grand Bahama Chamber of Commerce Business Excellence Awards

We are now accepting nominations for the Business Excellence Recognition Awards.  These prestigious awards are designed to honour outstanding Grand Bahamian businesses and executives.

Entries for nominations should include the completed entry form and a summary […]

2906, 2016

Monthly Business Luncheon – Presenter: Ms. Sarah St. George

June 29th, 2016|Comments Off on Monthly Business Luncheon – Presenter: Ms. Sarah St. George

Ms. Sarah St. George ,Vice Chairman, The Grand Bahama Port Authority, Limited

Topic: The economic rebound of Freeport; as it relates to the extension of the HCA.

Friday, July 15, 2016 @ 12:30 P.M.
Coral Reef Room, Canal House
Pelican Bay Hotel
Lucaya, Grand Bahama Island

[…]

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