Harneys London

Barbados Companies

A Barbados international business company (IBC) offers clients an investment, trading and asset protection vehicle that allows them to conduct business outside the jurisdiction.

There are many benefits associated with a Barbados IBC including a special tax rate of between 0.25 per cent to 2.5 per cent for registered IBCs depending on their level of profit. As a country with income tax, Barbados has established an extensive tax treaty network with over 20 countries including the US, UK, China and Canada. Depending on the particular circumstances, a friendly regime for international businesses with double tax treaty agreements may prove more efficient than jurisdictions with zero tax rates (like Cayman and BVI) that cannot access a double tax treaty network.

IBCs also avoid paying withholding tax on dividends, interest and other payments made to non-residents or to another IBC and there are no capital gains tax or estate duties. These and other benefits are guaranteed for 15 years.

A Barbados IBC must meet the following requirements:

  • Financially capable of conducting its business
  • Does not conduct business under any other offshore incentive legislation
  • Does not buy or sell goods and services in Barbados


Harneys Services regularly assists clients with the incorporation and registration of Barbados IBCs. In addition we deliver a full complement of corporate and fiduciary services in Barbados, some of which include:

  • Company secretarial services
  • Director services
  • Registered office
  • Board and Shareholder meeting and preparation of minutes
Our purpose is client services which is supportive, responsive and focused on delivering results.
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Key contacts

Horacio Woycik

Regional Managing Director

Horacio is a regional managing director and head of Harneys in Montevideo. Horacio specialises in advising Latin American clients on the structuring and administration of a broad range of offshore vehicles.

send an email + 598 2518 2238

Gonzalo Jalles

Regional Managing Director

Gonzalo Jalles is regional managing director, head of fiduciary and new services at Harneys Fiduciary in the Cayman Islands. 

send an email +1 345 949 8599

Daisy Haye


Daisy has over nine years’ experience in the corporate services industry, and has extensive knowledge of the organisation and administration of Cayman companies and partnerships across a wide range of industry sectors. 

send an email +1 345 815 2947

Andrea Moniz-DeSouza


Andrea advises Bermuda based and international clients on a wide range of corporate and commercial matters.

send an email +1 441 405 1521

We are here to help
  • British Virgin Islands
    T: +1 284 494 2233
  • Cayman Islands
    T: + 1 345 949 8599
  • Montevideo
    T: + 59 82 518 2238
  • Sao Paulo
    T: +55 11 3434 6596
  • London
    T: + 44 (0) 203 752 3600
  • Cyprus
    T: + 357 25 820020
  • Hong Kong
    T: +852 5806 7800
  • Tokyo
    T: +81 3 5219 1233
  • Singapore
    T: +65 6800 9830
  • Shanghai
    T: 86 13918598782
  • Bermuda
    T: +1 441 405 1500