International Business
Barbados’ international business offering combines an extensive and expanding tax treaty network (see Double Taxation) and a suite of international business entities afforded low taxation and valuable exemptions from various duties, exchange control and other regulations. A modern legislative framework and a government committed to the continuing evolution of applicable statutes further enhance the sector. The jurisdiction also enjoys a long tradition of transparency and inter-governmental cooperation of information exchange matters. In addition it offers a pragmatic regulatory environment which continues to develop and is currently an area of focus for the Government.
Barbados’ International Business Sector Has Been Built on Durable Pillars
The continued success of the Barbados economy in the international business arena will depend on our ability to be competitive rather than on tax incentives, although the latter remain important.
