Barbados, the most easterly of the Caribbean islands offering a tropical environment, is located on the south-eastern border of the Caribbean Sea. Barbados is English speaking and independent member of the British Commonwealth with an enviable reputation for political and social stability. The currency in use is the Barbados dollar which is linked to the US Dollar at US$ 1= BDS$ 2.
Some of the attractive features of doing business in Barbados include:
ยท Excellent infrastructure, including state of the art telecommunications, seaport, active cruise facility, modern international airport with daily flights to major international business centres in the United States, Canada and the United Kingdom.
- Well educated and highly skilled, professional community
- High level of social, economic and political stability
- Excellent service capacity for manufacturing, trade and commercial activity
- Up-to-date corporate legal framework and competent judicial system
The international business sector contributes 50% of corporate tax revenue collected by Barbados. The country is therefore committed to the further development of this sector.