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

DIRECTOR

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

MANAGER - CORPORATE SERVICES

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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