• Barbados Tax Features

  • Taxable Basis
    Barbados tax resident companies are taxed on their worldwide income whereas non-Barbados tax resident companies are taxed on income generated in Barbados

    Taxable Period
    Accounting year

    Corporation Tax Rate(s)
    IBCs and ISRLs at 0.25% - 2.5%
    Small Companies at 15%
    Regular Companies at 25%

    Ordinary Tax Losses
    Carried forward for 9 years

    Capital Gains
    Not taxable in Barbados

    Capital Gains Tax Rate(s)
    0%

    Capital Losses
    Not tax-deductible since capital gains are not taxable

    Stamp Duty
    Yes

    Capital Duty
    No

    Other Taxes
    N/A

    VAT
    Yes

    VAT Standard Rate
    17.5%

    VAT Reduced Rate(s)
    8.75% and 0%

    VAT Registration Threshold
    B$80,000

    VAT Filing & Payment
    Every 2 months

Compare Barbados to other jurisdictions and see the difference in corporation tax rates, tax residency requirements, VAT rates, capital gain taxes, etc.

Read more
Follow Us
Specialist writers View All
Copyright © 2012 - 2019 Offtax Ltd. All rights reserved. Compare Countries News & Articles About Join Us Directory Contact Us