How We Can Help You

How We Can Help Foreign Investors

Thinking of establishing a business in Barbados?  Then IB is the place to begin. IB opens windows to the procedures necessary to the set up process. In close cooperation with all government ministries, IB provides you with smooth access to administrative information including laws, standards, regulations, incentives and business conditions around the nation.  

Our dedicated team of professionals will take you through the steps required for setting up your business. Our pre-investment facilitation services include:

• Provision of social, political and economic information.
• Guidance on registration requirements and provision of relevant legislation.
• Co-ordination of strategic alliances with private sector organisations.
• Introduction and on-going liaison with relevant government agencies.
• Facilitation of a comprehensive itinerary of relevant business meetings in Barbados.

After the decision to set up is made, our Investment Promotion and Facilitation division will provide guidance on:

1. Selection of a local attorney-at-law to register and incorporate your company
2. Identification of service providers offering international tax planning, auditing, corporate secretarial and management services 
3. Applications for the relevant corporate/international company licenses
4. Registrations with the Central Bank, Inland Revenue Department, Customs Department and the Value Added Tax (VAT) Office
5. Work permit applications
6. Banking arrangements
7. Real estate selection
8. Customs requirements
9. Application for utilities
10. Recruitment and training of staff

We also offer a customised client aftercare programme, designed to ensure that your investment experience is successful and free of impediments. We will continue to be the liaison between the investor and government departments and offer individual assistance to each investor.

We stand ready to guide you through the process - let Barbados work for you!

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How We Can Help Service Exporters

Are you a Barbadian service provider who is currently exporting or planning to export? If yes, then our Indigenous Services Exports (ISE) division can assist you.
ISE is a specialist division within IB created primarily for the purpose of generating increased foreign exchange from the export of Barbadian services. Our Business Development Officers will work together with you to identify assistance suited to your export strategy. We offer access to expertise and financial support for those companies which meet the qualifying criteria.
In association with its partners, the ISE division seeks to:-

• Identify existing and new services sectors that exhibit strong export potential
• Target new global markets for Barbadian services
• Encourage Barbadian service providers to adopt the Caribbean, Central and South America and the world as their ever-widening field of opportunity
• Assist in identifying and stimulating targeted sub-sectors and enterprises in the broader Barbadian services economy in order to unleash their export potential in the regional and world economy.

Our team will assist with:

• Targeted promotional activities
• Identification of high potential projects
• Support in accessing expertise and finance
• Market entry support for export ready companies
• Market intelligence
• Establishment of sales and distribution channels
• Identification of partners for joint ventures and other forms of strategic alliances
• Facilitating linkages with foreign investors

Contact us and let's get your business growing!

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