Source-cited draft: company formation & entity choice for Barbados (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Source-cited draft.Written from sources but not reviewed by a licensed practitioner, so it may be incomplete or wrong. General reference only; don't file or take a position on it without professional review.
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Every figure is drawn from this Tax Guide and cited to its source.
Registry / incorporating authority
Corporate Affairs and Intellectual Property Office (CAIPO)Companies Act, Cap. 308View source ↗
Regular Barbados Company (RBC)
Company limited by shares incorporated under the Companies Act; most common operating entityCompanies Act, Cap. 308View source ↗
Society with Restricted Liability (SRL)
Hybrid entity governed by the Societies with Restricted Liability Act, with quotas instead of sharesSocieties with Restricted Liability Act, Cap. 318BView source ↗
External (branch) company
Foreign company registered to carry on business in BarbadosCompanies Act, Cap. 308View source ↗
Minimum share capital
No statutory minimum for an ordinary company limited by sharesCompanies Act, Cap. 308View source ↗
Incorporation filing fee
BBD 750 (plus BBD 30 for name reservation)Companies Act, Cap. 308 (fees regulations)View source ↗
External company registration fee
BBD 3,000Companies Act, Cap. 308 (fees regulations)View source ↗
Incorporation timeline
Approximately 5 business days once documents are in order; full setup typically 3-4 weeksCompanies Act, Cap. 308View source ↗
Core incorporation steps
Reserve name, file Articles of Incorporation with CAIPO, appoint directors and registered office, obtain Certificate of Incorporation, register with BRA for tax/VAT and NISCompanies Act, Cap. 308View source ↗
Annual return
Companies must file an annual return with CAIPO each year to remain in good standingCompanies Act, Cap. 308View source ↗
Annual tax compliance
File corporation tax return and economic substance / country-by-country filings where applicable, and remit monthly tax prepaymentsIncome Tax Act, Cap. 73; Companies (Economic Substance) ActView source ↗
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
Companies in Barbados are incorporated under the Companies Act, Cap. 308 and registered with the Corporate Affairs and Intellectual Property Office (CAIPO). There is no statutory minimum share capital for an ordinary company.
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Other Barbados computations in the OpenAccountants Tax Library.