Barbados Offshore Company Formation

Benefits of Barbados registration

There are a number of reasons why Barbados is an up and coming choice for Offshore Company Formation, including;

• Minimum of one member who may be corporate and one director, who must be an individual.
• 100% Foreign Ownership Permitted
• No Minimum Paid up Share Capital Requirement
• Low Taxation Rates
• Recognized common-law corporate framework – company law is familiar to many international lawyers, banks, and investors.

Requirements to Form a Company in Barbados

In order to incorporate your Company in Barbados, these are the steps that must be followed;

• Meet the Anti Money Laundering Requirements – In order to meet Anti Money Laundering Requirements you will need to provide a certified copy of the passport and current utility bill of each of the owners and shareholders. This is required even if you are using our Nominee Service. additional costs for this will be calculated upon receipt of the documentation.
• Documents are issued to you – Once the company has been incorporated, you will be issued with all of the Certificate of Incorporation, Memorandum and Articles of Association, Share Certificates and all other company documents as required by Law. These documents can then be used to open a bank account for the company.
• Financial Statements – Companies incorporated in Barbados must all prepare and maintain financial statements, as well as file annual tax returns.

Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.