Typical Costs for Setting Up a BPO Company
The typical costs related to setting up a BPO company in Barbados are as follows:
| Steps to Setting up ICT Entity | Cost (US$) |
| Government-Incorporation fees | Approximately $400 |
| Foreign Currency Permit Application fee | $125 |
| Foreign Currency Permit fee (on approval of application) | $500 |
| Annual Foreign Currency Permit renewal fee | $500 |
| Professional Service Provider Fees- Incorporation | $1,500-3,000 |
Typical Costs for Operating a BPO Company
Barbados’ BPO sector offers competitive operating costs and the following should be take into consideration:
| Direct Labour | Cost (US$) Per Hour |
| Data Entry Operator (trainee) | 4.25 – 5.00 |
| Data Entry Operator (skilled) | 4.50 – 6.00 |
| Customer Service Representative | 6.00 – 12.00 |
| Insurance Claims Processor | 6.00 – 9.00 |
| Supervisor | 7.50 – 17.00 |