Barbados is a well regulated Organization for Economic Cooperation and Development "OECD" approved domicile. The OECD is a collective of 34 countries founded in 1961 to stimulate economic progress and world trade. Barbados is the only independent Caribbean nation which has substantially implemented the OECD’s internationally agreed tax standard and offers a well-regulated, transparent and supportive environment for business.
In addition, Barbados has an expanding network of double taxation treaties which offers tax advantages to investors that use Barbadian resident entities to conduct business in other countries. An International Business Customer Charter details the commitments of regulatory agencies to provide swift, efficient and professional service to the international business sector. In this respect, Barbados enjoys significant advantages over other jurisdictions.
The regulators are the Central Bank of Barbados, the Financial Services Commission, and the International Business Unit. For further information on the Island’s financial services industry please visit (www.investbarbados.org).
Financial services businesses such as Havelet are licensed according to their activities.
Company number 36524