Barbados overview
Basic Facts
- Independent, parliamentary democracy country in the Caribbean
- Double taxation agreements with more than 30 countries
- Barbados Dollar (BBD) currency
- Legal system based on English common law
- Attractive tax system
- Business friendly environment
- High quality of life
- English speaking
Reasons for doing business in Barbados
TOP 3
Well Established International Financial Services Centre
Low Rate Of 9% For Corporate Income Tax (CIT)
Sophisticated Legal System With Trusts, Foundations, Private Trust Companies And Investment Funds
More advantages
- CIT for international shipping companies from 5.5% to 1%
- No capital gains tax
- Corporate residence is determined by the location of central management and control of the business of a company
- No withholding taxes on dividends, interests and royalties for specific conditions
- Patent box regime for specific IP rights with tax rate of 4.5%
- No controlled foreign company (CFC) rules
- No inheritance tax, no gift tax
- No wealth tax
Company formation in Barbados
Do you need to start a company in Barbados and to administer it?
Are you looking for a reliable lawyer or accountant in Barbados?
Are you to interested to buy your holiday villa in Barbados? Considering becoming a resident of Barbados?
Do you want to structure your international business in a correct way?
You do not know yet what do you need? Talk to us, no strings attached.
Well, contact us at any time, we are ready to help you to find a workable solution for your specific needs.
Our strength and added value is our vast 20+ years expertise in taxes and tax laws of different countries where we set up companies for our clients.
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