Payment- BL
There are several ways to pay when applying for or renewing your business licence.
Complete your Business Licence payment for application and renewal using the Online Tax Administration System at vat.revenue.gov.bs. Ensure all payments indicate payment for Business Licence.
See the information below for acceptable ways to pay Business Licence.
How Can I Pay My Business Licence?
- Via the Government of The Bahamas Online Tax Administration System
For convenience, your online tax account allows you to pay business licence taxes online any time. Log-in to your account and pay securely using your debit or credit card. Your Business Licence balance will be credited immediately. Check with your debit or credit card provider for restrictions, terms and conditions. - Using Online Banking Pay Business Licence taxes as you do other bills using your bank’s online banking service. To set up the payee, select Business Licence and ensure that your business licence number is entered. Contact your bank for additional instructions.
- Using Cash or Cheque at RBC
Pay Business Licence taxes in person at any RBC branch by providing your TIN and the amount to be paid. You should inform the teller that the payment is for Business Licence and not Value Added Tax (VAT). (Please allow 2-3 business days for payments made at RBC) - Completing a wire transfer ( See Wire Transfer Information Below)
The information below should be used for customers settling taxes in Bahamian Dollars (BSD) are to be sent to:DESTINATION: RBC Royal Bank (Bahamas) Limited
SWIFT: ROYCBSNS
Beneficiary: Bahamas Government – Business Licence
Beneficiary Account No: 05625-2885143*The TIN (Tax Identification Number) should be referenced.The information below should be used for customers settling taxes in US Dollars (USD) are to be sent to:DESTINATION: JP Morgan Chase Bank, New York
ABA: 021000021
SWIFT: CHASUS33
BENEFICIARY BANK: RBC Royal Bank (Bahamas) Limited
Nassau, Bahamas
SWIFT: ROYCBSNS
Beneficiary Bank Account No: 001 1 188448
Beneficiary: Bahamas Government – Business LicenceBeneficiary Account No: 05625-4006946
*The TIN (Tax Identification Number) should be referenced.