This can only be achieved by looking outward beyond our shores to attract foreign investment. The Government of Barbados therefore fully supports inward investment and ensures that the appropriate incentives and legislation are in place to give confidence and predictability to investment decisions. Barbados has now matured into a world class business center, with the professionalism and high level of management necessary for the development found on its shores. With its modern infrastructure, Barbados is also an ideal place to live and work. Barbados has had representative government since 1639 and became an independent country in 1966.
Government actively encourages foreign investment.
Its stable democratic government, developed infrastructure, network of double taxation treaties and well-defined business legislation, make the island an ideal offshore domicile. Incentives to companies involved in Manufacturing , Financial Services and Information Technology Services . Ships Registration Double Taxation Treaties . Dividends paid to a Canadian holding company out of income earned from an active business in Barbados are considered as 'exempt surplus' and are not subject to tax in Canada. Business convention expenses incurred in Barbados by U.S. corporations or organizations are deductible against U.S. taxes.