Business Barbados

The Barbados tax environment has been developed to provide revenues to support Government’s programmes but with a careful eye on providing an environment to attract investment and keep businesses competitive and encourage exports.

The emphasis has shifted from direct to indirect taxes on consumption in recent times.

Exemptions and incentives are particularly targeted at attracting foreign investment and on encouraging earners of foreign exchange.

There are no capital gains taxes nor estate or death duties.

Barbados is an attractive place of residence for non-domiciliaries.