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2025: New Year's Message
As we conclude 2024, we reflect on the powerful year and significant legislative developments in Barbados & their implications for business.


Navigating The Future: Family Business And Succession In The Modern Age
From IFC Review 12/9/24 Family businesses form the backbone of many economies, providing stability, continuity, and a strong sense of...


Case Study: CompliancePath
Invest Barbados Magazine When CompliancePath (part of the Ideagen family of software solutions) looked to expand its software consultancy...


Case Study: Protexxa (Barbados) Cyber Ltd.
Invest Barbados Magazine In a world where 2.5 billion internet users have been compromised by cyber attacks, Protexxa, a rapidly growing...


Case Study: QuestGlobal
Invest Barbados Magazine Questrade Financial Group (QFG) is one of Canada’s largest non-bank financial services providers. Established in...

Case Study: Base Carbon Capital Partners Corp.
Invest Barbados Magazine Who we are Base Carbon Capital Partners Corp. was established in Barbados in August 2021. The company is a...


The Future of Barbados Offshore Industry in the Age of Transparency – Submission for Barbados International Finance Business 2018
Mondaq One of Barbados' finest achievements is its investment in educating its workforce. Base Erosion and Profit Shifting, the Common...


IR Global Doing Business Globally: Common Mistakes
IR Global QUESTION ONE – REGULATIONS Has the regulatory environment in your jurisdiction, as it relates to tax or audit services, created...


The New Normal
IFC Review The world is slowly returning to a ‘new normal’ mindset and adapted way of living. There is no doubt of the catastrophic...

Private Placement Life Insurance: Unravelling the Benefits of a Tailored Wealth Solution
Invest Barbados Magazine 2024 Private Placement Life Insurance (PPLI) stands as a sophisticated wealth management tool, specifically...


Economic Substance
The establishment of businesses of substance that create jobs and contribute to economic activity has been a feature of Barbados’...


Directors
We often recommend that a company should consist of a board with locally based directors. If this is not possible, then at least a clear...


Tax Residency & Good Corporate Governance
We note that the determination of the tax residency of Barbados Companies is based on where the mind management and control or central...


Annual Returns
Domestic companies are required, under Section 15A of the Companies Act, to file an annual return each year in the manner and form...


Financial Statements & Auditing
The Company will be required to prepare annual comparative financial statements which the directors must place before the shareholders at...


Filing & Payment Obligations
Current Requirements Where the fiscal period of the Company ends during the period 1st January to 30th September inclusive, income tax...


Taxation, Reporting Obligations, & Allowances
In early November 2023, the Prime Minister of Barbados, the Honorable Mia Mottley, introduced the following amendments to the Income Tax...


Corporate Administration
Under the Companies Act, Cap. 308 of Barbados (the ‘Act’) it is mandatory for the Company to call an annual meeting of the shareholders...


Foreign Currency Permit
The company is required to apply for a Foreign Currency Permit (FCP) under the Foreign Currency Permit Act 2018. This is a new...


Case Study: Mr Dunlop’s cross-border inheritance
Mr Dunlop was born in England but schooled in Hong Kong. He spent most of his working life in the UK – but three and a half years before...
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