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’ general corporation tax rate is 9% effective January 1, 2024.
Full details are available on the Invest Barbados website.
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 withholding tax on all payments, including dividends to non-residents
- Exemption from payment of stamp duty and property transfer tax.
