Bahamas business opportunities are closely tied to the nation’s tourism industry, the resulting construction industry, and the offshore banking sector. Tourism not only accounts for over 60% of the Bahamian GDP, but provides jobs for more than half the country’s workforce. The financial services sector accounts for roughly 15% of GDP, while manufacturing and agriculture together contribute approximately 10% of GDP. An up-and-coming sector, one supported by the government, is e-commerce. Setting up an online Bahamas business gives you access to the nation’s strong financial services sector, plus a very competitive tax regime. The Bahamas has no income tax, corporate tax, capital gains tax, value-added tax (VAT), or wealth tax, making it a great local to set up an e-commerce business.