Hi Everyone,
Are you thinking about or are interested in starting a business in Barbados? Here are a few things we think you should know before starting:
In Barbados “the corporate tax rate on taxable income is 5.5% on the first BBD 1 million, 3% on BBD 1,000,001 to BBD 20 million, 2.5% on BBD 20,000,001 to BBD 30 million, and 1% on amounts in excess of BBD 30 million.” (Reference – https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-barbadoshighlights-2022.pdf)
Barbados Corporate Affairs Website – https://caipo.gov.bb/
Invest Barbados website – https://www.investbarbados.org/
Export Barbados website – http://www.exportbarbados.org/
You can reach us via:
Email – bajefamabroad@gmail.com
Instagram – @bajanfamilyabroad