Thursday, December 12, 2024
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.
BA, BComm, FCA, FCGA, ACIS TEP
International Tax Consultant
A list of our associates can be found on the International Tax Specialist Group (ITSG) website
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