The Leno International Equity Sub-Fund Lists on BISX
LENO Successfully Acquires Bank of The Bahamas Trust Portfolio, Increases Assets Under Management to...
Trust Professional Dianne Bingham Named to Head New LENO TRUST
LENO help bring “Colours” to Bay Street
Leno donates to Regulators & Eagles Basketball teams
LENO’s Kudos to Cuda’s Swim Club
PM Congratulates Local Financial Services Entrepreneur – LENO Breaks Ground on 25 Million Corp...
Partner in Business Continuity Program Issues Commitment
LENO Head of Trust ‘COVID-19 Makes us aware of our vulnerabiliy, drives interest in estate pla...
Leno President Urges ‘Don’t Panic’, Out of Crisis Comes Opportunity
Leno Lauds Govt for Introduction of Digital Wallets for Social Services benefits
Leno Celebrates 10th Anniversary in Social Distance Style
Leno Marks 10th Anniversary with Pledge to Lead National Effort to ‘Put a Device in Every Child’...
Minister of Education thanks LENO LEARNING LINK donors, urges more to step forward to ‘put a table...
Colour it Selfless – Junkanoo Group Turns Its Annual Donation from Leno Back to Students, Putting ...
Information on transferring Bahamas Government Registered Stock from the Central Bank
Bamboo Shack, Bethel Brothers Morticians donate tablets
KFC, Dunkin’, Pizza Hut, Burger King, Myers Group Join Tablet Drive Urging ‘Let’s Put it Over ...
Citi, IOM donation enables students in poorest communities to attend virtual classes
Servicing both local and international clientele.
Leno is licensed under the Financial and Corporate Service Providers Act, 2000. We provide corporate administrative services to both local and international clients.
The services include:
Generation after generation homeownership has remained an ideal for many. In recent years there has been a global generational and cultural shift in buyer habits. A 2019 Statista survey notes that millennials under the age of 35 had the “most pessimistic outlook” on purchasing homes. Due to the mammoth combination of economic factors and financial …
Continue reading "Discussing idealism surrounding homeownership"Posted by Leno Media 17 Feb 2021
Amid the COVID-19 global pandemic, U.S financial markets saw an explosion of retail trading activity as individual investors fell in love with the world of stocks. Popular brokerage apps such as Robinhood, E-Trade, and TD Ameritrade empowered retail traders, giving them a voice in a marketplace that billion-dollar trading firms primarily dominated. The “little guys” …
Continue reading "GameStop Frenzy: How Retail Traders Outplayed Wall Street Titans"Posted by Leno Media 7 Feb 2021
Having undergone legal, technical and public scrutiny by regulators, in addition to robust investment analysis by respected investors, over the course of more than a decade, a balanced view has begun to take shape whereby Bitcoin is emerging to be perceived as “digital gold”. Ironically, a few years back, the big banks were only interested …
Continue reading "Redefining Gold…digitally! Gold & Bitcoin as Shock Absorbers in Challenging Times"Posted by Leno Media 26 Jan 2021
While Bitcoin and gold can both generate the desired diversification effect from inclusion in traditional portfolios as a hedge, Bitcoin outperforms gold in several ways which could very well serve as predictors of superior value appreciation over the long run: Generational Shift in Investing Behavior: Bitcoin represents a generational shift in investing behavior, potentially a …
Continue reading "How Bitcoin outshines Gold"Posted by Leno Media 26 Jan 2021
When constructing an investment portfolio, diversification is essential to mitigate against investment risk caused by the natural price fluctuations seen in financial markets. In an effort to offset some of that inherent volatility, many investors naturally seek to hedge their traditional portfolio positions with alternative assets. The approach of adding to the portfolio mix from …
Continue reading "Bitcoin 101"Posted by Leno Media 26 Jan 2021
Once considered a privilege for the wealthy, trusts are increasingly popular among all who understand the power of planning. They want to protect and grow their assets while alive and ensure they are distributed according to their wishes after their demise without the requirement, expense or delay of probate — in confidentiality and privacy. But …
Continue reading "Why and How to set up a trust"Posted by Leno Media 26 Jan 2021
It takes 24 to 48 hours to incorporate an IBC.
Our minimum incorporation fee is $1000 (exclusive of disbursements).
An IBC must have at least one (1) Director.
The names of the shareholder(s) of an IBC do not appear on a public register.
The register of directors and officers must be filed at the Companies Registry.
Yes, an IBC must have a registered office and registered agent in The Bahamas.
The annual fee to maintain an IBC is $1,500 (authorized capital of $50,000 or below, exclusive of disbursements).
The annual fee to maintain a Company under the provisions of the Companies Act is $500 if the Company is more than 60% Bahamian owned or $1,500 if the Company is less than 60% Bahamian owned, exclusive of disbursements.
A simple liquidation can be accomplished in a matter of approximately four (4) weeks.
Shares can be issued to nominee shareholders provided by Leno which certainly increases the level of confidentiality. However, this does not relieve the beneficial owner of their duty to report their interest, if so required, to their home tax authority.
All financial institutions of any description, both onshore and offshore, now have to identify their clients, monitor their transactions, understand their business and know where, when and how a client has accumulated wealth.
It is an important legal requirement that is the starting point of the due diligence process that is required before any regulated operator is allowed to take you on as a client. This is based on the same reasoning and rational that requires you to prove the source of your assets. As a financial & corporate services provider, it is a legal requirement to obtain and verify this information before doing business as criminal activities and terrorist financing can only function by having access to untraceable funds.