We provide cost effective offshore services to entrepreneurs and their closely-held businesses operating in the global economy. Our team is responsive to their business needs in the offshore.
We provide a full-range of offshore business services at competitive rates; including tax planning, out-sourced financing, strategic planning, management and other financial services in Barbados and other major offshore financial centres.
Our Advisory Team
Partners
Tyson W. Thompson
BA, BComm, FCA, FCGA, ACIS TEP
International Tax Consultant
View brief bio
Mr. Thompson resides in Barbados W.I., where he is licensed as a practising Chartered Accountant and provides international tax planning and management services. He has experience in corporate budgeting and related finance and administrative services. Also, he has over 24 years of experience advising in international tax planning involving Barbados and other Caribbean islands in relation to the U.S., Canada and various European countries.
Associates
A list of our associates can be found on the International Tax Specialist Group ( ITSG) website
itsgnetwork.com
Tax-Efficient Barbados Entities
- International Business Corporation (IBC)
- International Society with Restricted Liability (ISRL)
- International Segregated Cell Company (ISCC)
Taxed @ 2.5% - 1% on international income (not capital gains) + annual licensing fees
- Regular Domestic Barbados Corporation (RBC)
- Regular Society with Restricted Liability (SRL)
- Regular Segregated Cell Company (SCC)
Taxed @ 1.75% on foreign currency earnings
Taxed @ 25% on Barbados source income (not capital gains)
- Domestic Trust
Taxed on undistributed income (not capital gains) on worldwide basis @ personal tax rates up to 35%
- International Trust (IT)
Taxed on undistributed income (not capital gains) on a remittance basis only @ personal tax rates up to 35% + annual licensing fees
- Offshore Bank Trust (OBT)
Exempt from tax on international income and capital gains
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