Harneys New Zealand

Barbados Companies

A Barbados international business company (IBC) offers clients an investment, trading and asset protection vehicle that allows them to conduct business outside the jurisdiction.

There are many benefits associated with a Barbados IBC including a special tax rate of between 0.25 per cent to 2.5 per cent for registered IBCs depending on their level of profit. As a country with income tax, Barbados has established an extensive tax treaty network with over 20 countries including the US, UK, China and Canada. Depending on the particular circumstances, a friendly regime for international businesses with double tax treaty agreements may prove more efficient than jurisdictions with zero tax rates (like Cayman and BVI) that cannot access a double tax treaty network.

IBCs also avoid paying withholding tax on dividends, interest and other payments made to non-residents or to another IBC and there are no capital gains tax or estate duties. These and other benefits are guaranteed for 15 years.

A Barbados IBC must meet the following requirements:

  • Financially capable of conducting its business
  • Does not conduct business under any other offshore incentive legislation
  • Does not buy or sell goods and services in Barbados


Harneys Services regularly assists clients with the incorporation and registration of Barbados IBCs. In addition we deliver a full complement of corporate and fiduciary services in Barbados, some of which include:

  • Company secretarial services
  • Director services
  • Registered office
  • Board and Shareholder meeting and preparation of minutes
We have over 40 years' experience providing tailored solutions to international business and financial institutions, funds, HNW individuals and intermediaries.
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Key contacts

Gonzalo Jalles

Regional Managing Director

Gonzalo Jalles is regional managing director, head of fiduciary and new services at Harneys Fiduciary in the Cayman Islands. 

send an email +1 345 949 8599

Andrea Moniz-DeSouza


Andrea advises Bermuda based and international clients on a wide range of corporate and commercial matters.

send an email +1 441 405 1521

Daisy Haye


Daisy has over nine years’ experience in the corporate services industry, and has extensive knowledge of the organisation and administration of Cayman companies and partnerships across a wide range of industry sectors. 

send an email +1 345 815 2947

Horacio Woycik

Regional Managing Director

Horacio is a regional managing director and head of Harneys in Montevideo. Horacio specialises in advising Latin American clients on the structuring and administration of a broad range of offshore vehicles.

send an email + 598 2518 2238

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