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Essay heading: Investment In Barbados
 
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Issue: History
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Date added: February 28, 2004
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No of pages / words: 5 / 1400
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The Government of Barbados, through the Barbados Investment and Development Corporation (BIDC), strongly encourages Foreign Direct Investment in Barbados, particularly in industries that create jobs and earn foreign currency. The government offers special incentive packages for foreign investments. For example, International Business Companies (IBCs) have a maximum tax rate of 2...
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For example, International Business Companies (IBCs) have a maximum tax rate of 2.5 percent of income and exemption from foreign exchange controls. The corporate tax rate breakdown is as follows: Up to USD10 million: 2.5 percent; USD10-20 million: 2.5 percent; USD20-30 million: 1.5 percent; and over USD30 million: 1...
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