Manufacturing Company

For those seeking to manufacture products in Barbados, the island is ideally suited for the development and manufacturing of niche products that require a world class infrastructure including excellent air and seaport facilities, supported by a well-educated work force. Investment opportunities include:

  • Medical supplies
  • Optical devices
  • Printing and publishing
  • High fashion apparel
  • Leather items
  • Electronic components & subassemblies
  • Jewellery
  • Agro-processing
  • Pharmaceuticals
  • Food and beverages

Incentives and Factors

Approved manufacturers are eligible for the following benefits:

  • Full exemption from import duties on components, raw materials and production equipment
  • Capital allowances on fixed assets
  • Factory accommodation in well-planned industrial parks, on rental or lease basis
  • Training grants based on wages paid to employees during the initial operating period
  • Duty-free access to CARICOM countries providing the products satisfy origin criteria
  • Preferential market access of Barbadian produced goods to various countries.

Key Pieces of Legislation

  • Companies Act
  • Income Tax Act
    • Income Tax Regulations
  • Value Added Tax Act

Stakeholder Agencies