Investment Opportunities
We invite you to take advantage of the following investment opportunities
within Barbados’ bioscience space!
- Medical device manufacturing
- Pharmaceuticals manufacturing
- Vaccine manufacturing
- Bio-agriculture
- Biotechnology
- Alternative medicine and wellness
- Diagnostics, molecular diagnostics
- Digital health
- Medicinal Cannabis
- Research & Development
Barbados Tax Rates
Barbados offers a very competitive corporate tax regime, where investors pay a maximum rate of 5.5% and a minimum rate of 1.0%. The current range of tax rates in Barbados is as follows:
Taxable Income US$ | Rate % |
Up to $500,000 | 5.50 |
Above $500,000 to $10 million | 3.00 |
Above $10 million to $15 million | 2.50 |
Above $15 million | 1.00 |
Foreign Currency Permit (FCP)
All entities that earn 100% of their income in foreign currency, can apply to
receive a FCP. These entities benefit from:
- exemption from exchange control
- exemption from property transfer taxes on transfers of shares or quotas
- and other concessions for specially qualified individuals