Company Formation in Barbados
Company registration in Barbados is fast and efficient, opening doors to international business.
- Very low effective taxation
- Not considered a tax haven
- Secrecy of company ownership
- Has DTAs with highly taxed countries
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
Packages for Company Formation in Barbados
Receive a personal quotation and offer for registering a company in the Barbados for your business within 24 business hours. Select a package template below and describe your project and needs. Our experts will answer with a customized assessment and pricing.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
+44 20 4577 0974
Request information on company formation in Barbados: cost, process and requirements.
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Initial consultation
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Nominee Shareholder
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Nominee director
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Accounting for 1 year
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Long-term POA
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Apostilled set of documents
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Additional legal support
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Corporate Account
Turnkey company formation, Everything you need to get off the ground. Start now!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
-
Initial consultation
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Nominee Shareholder
-
Nominee director
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
It is an honour for us to serve groundbreaking clients
Incorporation Assistance in Barbados - Free Consultation
Getting started with company registration in Barbados
Find out all the necessary information about Barbados company formation. Discover why Barbados is a popular jurisdiction and how it may help your business to reach another level. Additional information is on demand, directly from our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- Documents
Procedure to prepare the registration of a company in Barbados
The registration process for a company in Barbados is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement
- Payment of the full invoice
- [IF REMOTELY]: Notarization of POA by client
- Preparation of registration documents
- Document signed at the notary
- Official register validity: immediately
How long does it take to register a Company in Barbados?
With the assistance of professional lawyers at LegalBison, you can speed up the company formation process in Barbados.
- 5-10 working days on average
- Can be done remotely in around two weeks
Can I form a company in Barbados remotely?
Yes, the whole incorporation process can be conducted remotely, with no travel necessary. However, the procedure will require the notarization of documents. Consider the following aspects:
- A Power of Attorney (POA) from (all) partners is needed
- The POA is sent to you by us based on the services you want
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization)
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address
- Barbados is part of the Hague Convention of the Apostille
Necessary information to begin with company formation in Barbados
Here are the three main things you will need to prepare before forming a company in Barbados.
- 3 options of your desired name for the company and a company contact email address
- Names, addresses, and emails of all shareholders and board members
- Short description of your company's activity
Required documents to provide to register a company in Barbados
- Passport copies (scans) of all shareholders, board members, and a beneficiary owner if applicable
- A Power of Attorney (in case of a remote company registration)
- Certified company documents (in case at least one of the shareholders is going to be a foreign company)
Alternatives to company formation in Barbados
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in Barbados
Things to know before registering your company in Barbados
How high is the corporate income tax in Barbados?
A non-resident company is subject to tax only on income derived in Barbados. Some activities incur a withholding tax for specific kinds of payment from companies in Barbados:
- Interest 15%
- Royalties 15%
- Dividends from taxed profits 15%
- Branch profits 10%
DTAA signed by Barbados for companies
Double Taxation agreements exist with the following countries:
Member States of the Caribbean Community, Botswana, Canada, China, Cuba, Finland, Malta, Mauritius, Norway, Sweden, Switzerland (Extension of United Kingdom Treaty), the United Kingdom, the United States of America, and Venezuela.
Accounting and audit requirements for a company in Barbados
Every company having a share capital is required to file with the Registrar an annual return and pay a renewal fee. In addition, regular reporting is mandatory.
Economic substance and residency requirements for companies in Barbados
A non-resident company in Barbados only needs a registered address.
LegalBison offers help with all of the requirements for company formation in Barbados. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
- Taxes in Barbados
- Double Tax Treaties in 2024
- Accounting and audit requirements
- Residency requirements for company holders
How high is the corporate income tax in Barbados?
A non-resident company is subject to tax only on income derived in Barbados. Some activities incur a withholding tax for specific kinds of payment from companies in Barbados:
- Interest 15%
- Royalties 15%
- Dividends from taxed profits 15%
- Branch profits 10%
DTAA signed by Barbados for companies
Double Taxation agreements exist with the following countries:
Member States of the Caribbean Community, Botswana, Canada, China, Cuba, Finland, Malta, Mauritius, Norway, Sweden, Switzerland (Extension of United Kingdom Treaty), the United Kingdom, the United States of America, and Venezuela.
Accounting and audit requirements for a company in Barbados
Every company having a share capital is required to file with the Registrar an annual return and pay a renewal fee. In addition, regular reporting is mandatory.
Economic substance and residency requirements for companies in Barbados
A non-resident company in Barbados only needs a registered address.
LegalBison offers help with all of the requirements for company formation in Barbados. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
About company registration in Barbados
No, the IBC Act of 1991 has been repealed. It is only possible to register as a non-resident regular company.
No. Though it can have low taxes in some conditions, Barbados has no tax-free regimen. However, it provides secrecy to business people.
Barbados isn’t completely blacklisted by the EU. It is labeled «Partially Compliant» for failing to meet most OECD standards on information regarding registers, accounts, and ownership information of companies.
Depending on your objective and your business model, another jurisdiction might fit better. The best way to determine if Barbados is the best place for your business, get in touch with our experts.
Contact Us
Request more information about Barbados company formation from our experts. We will answer all your questions during a free primary consultation.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.