Incentives

Foreign Investment Incentives

Barbados offers a series of incentives for various types of investment. Our range of tax-efficient vehicles established by legislation provide excellent avenues through which to conduct international business while ensuring adherence to the highest levels of transparency and information disclosure.

See our Incentives table

Special Technical Assistance Programme

 The Special Technical Assistance (STA) Programme is designed to provide access to expertise and finance for local services providers who meet the following criteria:

• Currently exporting or planning to export
• Willing to be subject to diagnostic procedures
• Registered and operating for at least one (1) year
• At least 51% CARICOM owned and located in Barbados
• In good financial standing with the National Insurance Scheme, Inland Revenue Department, the Value Added Tax Office, the BIDC and Invest Barbados

Once pre-approval is secured, the STA Fund provides grant funding that can cover up to 80% or a maximum of BDS $400,000.00 of the marketing and promotion costs of your company.

We invite persons with ideas or plans for advancing their businesses to contact the Indigenous Services Division at Invest Barbados. Further information on the STA programme can be obtained from our Business Development Officers (BDOs) who are willing to assist you from planning to execution.