Adapting To Change

Barbados remains an attractive and mature centre for global business and, after more than a half century of providing financial services, is a high-quality jurisdiction for international business and investment. With a well-educated population and extensive infrastructure, the country remains attractive to several categories of investors. This is enhanced by a significant and ever-expanding tax treaty network and by professional regulators across the industry. Barbados continues to meet its international obligations to the Organisation for Economic Development and Cooperation (OECD), recently restructuring the country’s tax system and retooling the international business sector to comply with new international tax standards and avoid being deemed “a harmful tax jurisdiction” by the OECD.