PDC pushes to transform ease of doing business in The Bahamas

NASSAU, BAHAMAS — As The Bahamas seeks to sharpen its competitiveness in the global economy, PDC Corporate & Accounting Services is emerging as a key driver of reform, positioning the country as a more efficient and attractive jurisdiction for entrepreneurs and investors alike.

Founded in Nassau, the firm has steadily grown from a small operation into a trusted national brand, now serving communities across Grand Bahama, Exuma, Abaco, and Long Island. Its expansion underscores PDC’s mission to simplify the process of establishing and growing businesses in The Bahamas while extending opportunities beyond the capital.

“Ease of doing business is more than a buzzword; it is the cornerstone of growth and investor confidence,” said Peter D. Cartwright, Chief Executive Officer of PDC Corporate & Accounting Services. “When we started in Nassau, we recognized how difficult it could be for both Bahamians and investors to cut through the red tape. That challenge became our motivation. Today, we are proud to be serving not just Nassau, but also the Family Islands because we believe opportunity should extend to every corner of our country.”

PDC’s business model focuses on three core areas: corporate governance, financial stewardship, and immigration services. By streamlining incorporation and governance, the firm helps entrepreneurs launch and expand quickly. Transparent accounting frameworks give businesses the clarity needed for confident decision-making, while expert immigration support helps clients secure the talent to compete in global markets.

“Every time we help a client incorporate with speed, resolve a regulatory matter, or secure the right approvals, we are strengthening The Bahamas’ reputation as a world-class business jurisdiction,” Cartwright added.

The firm’s growth comes at a pivotal time, as jurisdictions worldwide compete for investment capital. The Bahamas, already recognized for its strength in financial services, is looking to broaden its appeal as a hub where businesses of all sizes can launch and scale. PDC is also leveraging digital platforms to expand its reach, particularly to remote islands and international markets, with a vision of helping The Bahamas rank higher globally in ease of doing business.

Experts point out that several reforms are essential to improving competitiveness, including digitization of government services to provide faster and more transparent administration, streamlining of bureaucracy to reduce delays and paperwork burdens, and reform of the energy sector to cut costs, improve reliability, and expand solar energy. Other areas of focus include the establishment of a credit bureau to increase access to financing, investment in workforce development to create better-trained employees and reduce unemployment, governance reforms to build investor confidence and reduce corruption, and economic diversification to create resilience and expand employment opportunities.

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