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Start your Barbados business with confidence. free expert consultation. Our certified professionals will complete the entire process from selecting the appropriate structure handle everything so you can focus on growing your business.
4.6/5
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Complete the basics of your business using our secure online form. It takes less than five minutes.
Our Barbados incorporation experts assess your requirements and suggest the most suitable structure for your business.
Get your fully legal, registered Barbados business complete and legal documentation electronically.
For foreign-owned businesses operating outside of Barbados.
For companies operating within Barbados.
Flexible structure that is similar to an LLC.
Join thousands of happy clients who have registered their business with us.
Barbados is an internationally well-known international and offshore business hub with distinct advantages:
Foreign owners who are not residents may have 100% control of the Barbados company, with no local partner needed.
Tax rates for corporations range from 1% to 5.5% and include exemptions for foreign-sourced income.
Barbados has been declared an OECD-compliant country, making it simpler to open bank accounts and work internationally.
There are more than forty tax treaties that reduce or eliminate double taxation in international business.
Get your business completely online within 7 working days.
Based on British common law, which provides solid security for assets and investors.
Select the Ideal Business Structure for Your Goals
| Type | Description |
|---|---|
| International Business Company (IBC) (now phased out) |
Once popular for tax-free global operations. In 2019, they will be phased out to ensure compliance with OECD standards. In the meantime, regular companies are being replaced with a single tax regime. |
| Barbados SRL (Society with Restricted Liability) |
Flexible hybrid of a partnership and a corporation, it is ideal for joint ventures as well as professional services. It allows for tax-free pass-through and has limited liability. |
| Barbados Limited Liability Company (LLC) | It is suitable for residents as well as residents as well as. It provides limited liability protection and is commonly employed for consulting, trading or holding. |
Pro Tip: If you're planning to grow globally or to attract international partners, Barbados LLC offers the most suitable mix of services, reputation and effectiveness.
Simple requirements for non-residents to establish a Barbados business
| Director(s) | Minimum 1 Director (can include non-residents) |
| Shareholder(s) | Minimum 1 shareholder (individual or corporate) |
| Registered Office | Required in Barbados (included in our packages) |
| Company Secretary | Mandatory for IBCs |
| Name of the company | Must be approved by the Corporate Affairs and Intellectual Property Office (CAIPO) |
We make business registration effortless with our streamlined process
Talk about your objectives and determine the most suitable company type (IBC, SRL or International)
Collect your documents and prepare for KYC
Filing with CAIPO and obtaining your Certificate of Incorporation
Get a Tax Identification Number (TIN) for those businesses that are located within Barbados
Establish an account with a Barbados and an international account (remote or in-person option)
5-7 working days
We'll help you choose the best type of company to achieve your goals, whether you're an internationally-based company or a local business.
The ownership of a Barbados business will allow you to live and earn a living in Barbados while also providing permanent residency options to your loved ones.
Although we do not submit visa applications on our own, we cooperate with Barbados immigration and legal experts to help with:
We assist non-residents in opening safe bank accounts for business in Barbados. Traditional Banks (In-Person May Be Required). For businesses that are high-volume and have an office in Barbados, opening local accounts with reputable institutions, such as:
Preferred by high-volume businesses with physical operations in Barbados. Includes major banks like:
To foreign entrepreneurs, remote founders, digital-first companies.
Everything you need to legally establish and operate a registered Barbados company will be included in our service packages.
Stay compliant with Barbados business regulations
| Requirement | Frequency | Responsible Agency |
|---|---|---|
| Annual Government Renewal Fee | Yearly | CAIPO |
| Annual Return Filing (Domestic/IBC) | Yearly | CAIPO |
| Corporate Tax Return (If Taxable) | Yearly | Barbados Revenue Authority |
| Financial Statements (Audited if they are public) | Yearly | Barbados Revenue Authority |
| Change in Directors/Shareholders | As required | CAIPO via Registered Agent |
| Registered Office Renewal | Yearly | Via Registered Agent |
Keep your website fully compliant With Our All-in-One Annual Packages
Transparent, all-inclusive packages with no hidden fees. Select between federal or provincial incorporation.
All prices in USD. Additional government fees may apply. Annual compliance starts at $850/year after first year.
Everything you need to know about Barbados company registration
Establishing a business in Barbados is relatively easy. After all the documents have been submitted, the incorporation process generally takes between 5 and 7 working days. This time frame may vary in depending on the document verification process or any additional approvals required.
Common company types in Barbados include:
The majority of Non-residents prefer SRLs or LLCs because of the ease in ownership as well as tax effectiveness.
Absolutely, International citizens can create and own a company in Barbados. There's no need for a local shareholder. However:
To incorporate your business, it is typically necessary to:
Barbados utilizes a shifting tax rate dependent on your company's annual revenue:
This is what makes Barbados one of the most tax-competitive nations for international trade.
The company must be in good standing by observing the following annual obligations:
Numerous service providers offer all-in-one compliance solutions beginning at USD $850 per year depending on the company's activities.
Get in touch with our experts to discuss your business needs
Our team of incorporation specialists is ready to help you navigate Barbados business registration with confidence.