A properly-structured Barbados company pays a maximum corporation tax of 2.5% on all international income. There are no capital gains taxes and no inheritance taxes. Dividends received and distributed by a Barbados IBC are also tax-exempt. In the 2012 Index of Economic Freedom by The Heritage Foundation, Barbados ranks well as having the world's 37th-freest economy, and scores at 45% in terms of investment freedom and capital flows.

A minimum of one shareholder and one director is required for Barbados company formation, and they need not be resident in Barbados. Corporate shareholders and directors are permitted. Following Barbados company formation, shareholders and directors details are not available on a public register.

Following Barbados company formation, it is not necessary to submit annual audited financial statements or tax returns.

It is easy to open global corporate bank accounts to support Barbados company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

Foreign investors in Barbados are eligible for various investment incentives, notably for the manufacturing industry. These incentives include exemption from import duties, subsidized office space, and tax holidays.

Barbados has double-tax agreements with 25 other countries (as of 2012), exempting eligible foreign investors from capital-gains tax.

After the submission of the required documentation, companies can usually be incorporated within 5 working days or less.

Barbados may be perceived as an offshore tax haven.

Offshore banks, exempt insurance companies and foreign sales corporations are not eligible for Barbados IBC status.

Following Barbados company formation, a registered office must be maintained in Barbados at which Articles, Bylaws, Minutes and Resolutions are kept.

1.	"Pride and Industry" is the Motto of Barbados.
2.	Barbados is located in the Eastern most part of the Caribbean and is also considered to form part of the Lesser Antilles.
3.	Barbados was first called Los Barbados, which means 'the bearded ones'. Pedro Campos, the Portuguese explorer name the country Los Barbados, because the fig trees in this country have hanging, aerial roots, looked like they had beards.
4.	Caribbean countries with an economy heavily dependent on tourism and offshore banking.
5.	Hubert Ingraham became prime minister in May 2007 after his Free National Movement, an opposition party, won parliamentary elections.
6.	Barbados is known as 'the land of the flying fish' because of the abundance of flying fish in its waters.
7.	Barbados boasts of being the only island in the Caribbean that enjoys the luxury of having daily flights to Canada, England, and the United States of America.
8.	Barbados was chosen by Tiger Woods as the location for his wedding in 2004.
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