Franchise Arrangements

Published: Wednesday November 11th, 2020

ALL APPLICANTS

i. a copy of the applicant’s current Business License;

ii. confirmation of whether the applicant’s commercial activities have been approved by the
Central Bank of The Bahamas;

iii. a copy of the Franchise Agreement;

iv. a copy of incorporating documents for the franchisor;

v. a copy of the relevant pages of the passport along with documentation to confirm the Bahamas
immigration status, if any, for the franchisor’s ultimate beneficial owner(s); and

vi. confirmation of whether the franchisor is publicly traded.

INDIVIDUAL APPLICANT

i. a copy of the relevant pages of the passport for the applicant; and

ii. a copy of the applicant’s Bahamas immigration document, if applicable.

CORPORATE APPLICANT

i. a copy of the company’s Certificate of Incorporation and incorporating documents (i.e.,
Memorandum & Articles of Association);

ii. a copy of the company’s Certificate of Good Standing;

iii. a copy of the company’s certified share register;

iv. a copy of the relevant pages of the passport for each shareholder; and

v. documentation to confirm the Bahamas immigration status for each of the company’s
shareholders, if applicable.

N.B.: If shares in the corporate applicant are held by an entity or in a nominee capacity, we require copies of the
incorporating documents for each entity along with documentation to confirm the identity and Bahamas
immigration status, if applicable, for each beneficial owner.