Eternity Law International Ready-made company with a bank account in Barbados

Ready-made company with a bank account in Barbados

Published:
April 14, 2020

What is included:

  • Company Incorporated in Barbados,
  • Local bank account
  • Legal address

Cost: on request.

The Lesser Antilles includes many small land areas surrounded by the waters of the Atlantic Ocean and the Caribbean Sea.

One of these many islets is Barbados, located in the eastern part of the archipelago. I’m joining the island’s neighbors in the Grenadines, Saint Lucia, Tobago, Martinique and others.

The political status of the island is a constitutional monarchy. Barbados is ruled by the Queen of Great Britain. That is why the official language of this region is English.

But local residents resist the language approved at the legislative level, therefore, a dialect called “bhajan” is very often found on the island.

LEGAL BASES FOR REGISTRATION OF A COMPANY

The founding law that governs the activities and the creation of new organizations in Barbados is the Companies Act, signed in 1982.

On the island, investors have the opportunity to open firms of the following legal forms:

  • limited liability company;
  • mutual insurance organization;
  • charity-free company without shareholders capital.

The most popular option for doing business is considered the first. In the case of international trade or production, the enterprise is automatically awarded the status of an International Business Company.

The conditions for obtaining this form of activity are activities on the island to provide services or transport products to countries that are not members of the Caribbean Community.

TAXATION SYSTEM

Mandatory entrepreneurs must pay income tax, which depends on capital: up to 10 thousand local currency – 2.5%, from 10 to 20 thousand – 2%, from 20 to 30 thousand – 1.5%, more than 30 thousand – 1%.

If a company of this form is registered on the island, it has the right to pay tax fees only from local profits.

Stamp duty, payments that are transferred to non-residents of the state or other interbank lending companies, customs duty on import of goods for their development are not subject to taxation.

The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.

You could be interested

Structural Steel Fabricator&Erector for sale

The cash turnover of this business project is more than $ 1 million. The Structural Steel Fabricator&Erector has a strong position and a reliable niche in the construction industry. The company manufactures and commissions steel structures, stairs, railings and steel needed for decorative elements. Now, the company is forced to abandon this business, even though...

Operating International Bank in the USA for sale 

An Operating International Bank of international importance is offered for sale. It is located in Puerto Rico. The institution is licensed by IFE and has two correspondent partners. The bank is fully active in its operation, and its shareholders are interested in selling the company. As far as Fedwire is concerned, it is worth noting...

Ready-made company with a gambling license in Anjouan for sale

New investment opportunity – ready-made company with a gambling license in Anjouan for sale. The basic information regarding this offer is provided below. Gambling license for sale: details of the transaction The company is new, with no previous operation; Type of the license: Anjouan Gaming License, issued by the Anjouan Gaming Authority (AGA), which is...

USA Steelwork Manufacturer for Sale

Steel Fabricator Location: Greater Chicago (Midwest metropolitan area located in Illinois, Indiana, and Wisconsin; the economic, social and cultural center of the city of Chicago). The turnover of this business project is more than $ 1 million. The company has a strong position and a reliable niche in the construction industry. A steel fabricator manufactures...

Profitable Mobile Services Company in Atlanta for sale

A developing and actively functioning “home and commercial” business project is put up for sale. For your attention it is presented Profitable Mobile Services Company in Atlanta. This is a unique business solution that allows its owner to measure, develop, manufacture and install individual ones right on the spot, which in turn will help significantly...

Ready-made firm with an active bank account in Hong Kong for sale

A ready-made firm with an active bank account in Hong Kong for sale was founded and established in 2022. Buy a ready-made firm with an active bank account in Hong Kong A ready-made firm with an account for sale in Hong Kong can carry out activities in the field of online game development. The company...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7