Business Expansion
made easy.

Why Barbados?

Barbados is a mature and increasingly sophisticated international business domicile. The cornerstone of Barbados’ success as a respected international financial services centre has been its strategy based on the negotiation of double taxation agreements (“DTAs”) and bilateral investment treaties (“BITs”). 

The market has an excellent economic and social infrastructure which supports these rankings. Barbados enjoys political and economic stability, has a robust economy and a transparent legal system. It has a strong business-oriented government – providing both local and foreign investors many incentives including exemptions from direct and indirect taxes and a supportive culture of facilitation of legitimate business. Furthermore, Barbados has a stable US dollar based currency and also has an admirable air transport hub. The most easterly of the Caribbean islands, it is just over 3 hours by plane from Miami, 4 hours from New York and 8 hours from London with excellent service by major airlines.

 Reasons to do business in Barbados:

  • Gateway to Latin America and beyond
  • Quality jurisdiction of substance
  • Well-regulated business environment
  • Low tax rates
  • Facilitating businesses of substance
  • Well-educated labor force
  • Business-friendly environment
  • Expanding treaty network
  • Political, social and economic stability
  • HNWI programme
  • High international rankings

Doing Business in Barbados

Barbados has unique business and cultural traits that shape a company’s experience in the country.

Planning to set up or further expand in Barbados? Download our Barbados business expansion guide to learn more.

Set up company in Barbados

How Tricor can help in Barbados

Tricor Barbados, based in St. Thomas, provides bespoke business solutions with a comprehensive range of professional services.

Tricor Barbados has been instrumental in the promotion and development of Barbados as an international financial services centre from its inception and its expert team has been serving domestic clients in Barbados for over 40 years.

Through its network of strategic alliances in the Caribbean, Tricor Barbados also provides multi-jurisdictional coordination services.

We leverage modern technology and systems to deliver a broad range of corporate and business administration services to meet our clients’ needs. We work closely with our Tricor network and business partners, including major international accounting firms, financial, tax and legal advisers, to implement and manage solutions for our clients seeking access to the DTA and BIT network, including:

  • Entity formation & organisation
  • Business registration & licensing
  • Corporate restructuring & advisory
  • Company secretary
  • Registered office / registered agent
  • Entity due diligence
  • Scrutineering
  • Recording secretaries
  • Statutory custodial & safe-keeping arrangements
  • Establishment of banking facilities
  • Ongoing statutory & governance compliance
  • Voluntary liquidations
  • Financial reporting & audit
  • Tax compliance
  • Payroll & treasury operations
  • Bank account administration & management
  • Branch management
  • Executive & employee recruitment
  • HR & employment solutions
  • Contract structuring & review
  • Regulator liaison
  • Multi-jurisdictional coordination services

Tricor Group operates out of 21 countries / territories and across a network of offices in 47 cities across.

We serve 30,000 clients. Our portfolio includes over 1,800 companies publicly listed in Asia, over 40% of the Fortune Global 500 companies, as well as a significant share of multinationals and private enterprises operating across international markets.

Tricor provides the building blocks for, and catalyses every stage of your business growth.

Tricor is uniquely positioned to unlock the potential of your business, and help your company stay one step ahead of today’s diverse and fast evolving regulatory environment.

Contact Us
New call-to-action

Tricor Services in Barbados

Client Success Stories with Tricor

Related Blog Posts

Tricor Group Commits to Responsible Business Framework with the Release of Its Inaugural 2020/2021 Environmental, Social and Governance (ESG) Report

Aug 3, 2021

Tricor Group Signs a Sale and Purchase Agreement to Acquire NZGT Holding Company Limited Expanding Corporate Trust Business and Broadening APAC Footprint Covering New Zealand

Jul 12, 2021

Tricor Selected by Japan Financial Services Agency (JFSA) to Lead Financial Start-up Support Program, a One-Stop for Overseas Financial Companies Entering Japan

Jun 9, 2021