The Global Choice For Banking And Wealth Management

When selecting a domicile specialising in banking and wealth management, significant global competition requires that jurisdictions to be considered must have global credibility and maximum flexibility, and Barbados ranks high in both areas.

Barbados has become the 101st jurisdiction to join the Base Erosion and Profit Shifting (BEPS) inclusive framework. This framework was established in January 2016, when G20 leaders urgently requested the implementation of structures and policies to address tax avoidance strategies that exploit gaps and mismatches in tax rules, in order to artificially shift profits to low or tax-free jurisdictions. Under this framework, over 100 jurisdictions are now collaborating to implement measures to address BEPS.