Barbados Investment Opportunities

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Barbados is an ideal location for reducing manufacturing & information processing costs, while taking advantage of duty-free exports to international markets and increasing profits.

A local offshore management company will help you to take advantage of investment opportunities:

Advantages of establishing your business in Barbados include:

  • 10-year tax holiday, with 2½ % tax rate thereafter
  • Exemption from import duties
  • Full repatriation of capital, profits & dividends
  • Low-cost, subsidized factory space available within 10 fully-serviced industrial parks
  • Cash grants for worker training
  • Cooperative and efficient customs service
  • Free consulting services of the Barbados Investment and Development Corporation (BIDC)
  • Official welcome from a government committed to private enterprise
  • Low operating costs (savings of 40% or more)
  • Literate, skilled, trainable and productive workforce with low rates of turnover and absenteeism
  • Economic, political and social stability and integrity
  • Duty-free access to the U.S.A., Canada and the E.U.

Barbados also offers special business sector incentives to the following areas of business:

Information Technology Services Sector

  • Special tax rate of 2 1/2% on net profits.
  • Full exemption from import duties on production related equipment such as computers.
  • Full and unrestricted repatriation of capital, profits and dividends.
  • Subsidized office space available for rental in fully serviced industrial parks.
  • Training grant of US $50.00 per employee per week during the first 18 months of operation.

Manufacturing and Production Industries

  • Up to ten years exemption from taxes on corporate profits.
  • 2 1/2% tax rate for export industries thereafter.
  • Exemption from import duties on parts, raw materials and production machinery.
  • Expedited customs clearance procedures.
  • Full and unrestricted repatriation of capital, profits and dividends.
  • Subsidized factory space in well planned and fully serviced industrial parks.
  • Training grant of US $50.00 per employee per week during the first 18 months of operation. Click HERE for further details.
  • Coordinated investment approval procedures.

Tourism and Hospitality Sector

International Financial Services Companies

Barbados has established a reputation as a world-class international financial services center, developing a network of double taxation treaties, domestic tax policies, and legislation which facilitates a thriving industry.

 
 
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