Barbados Company Formation. Barbados IBC. Barbados Offshore Company.
Worldwide Incorporation Services specializes in Barbados Company Formation and opening bank accounts.
Barbados Offshore Company – Overview
Principal Corporate Legislation
The International Business Companies Act (IBC Act) 1991, Companies Act Cap 308 as amended.
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Type of Company for International Trade, Investment & Tax Planning
Barbados IBC – International Business Company.
Barbados IBC – Key Facts
Share Capital
Standard authorised share capital is US$1,000 divided in to 1,000 shares of US$1. Minimum paid up share capital is US$1.
Classes of Share Available
Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
A Barbados IBC cannot trade within Barbados. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Each Barbados Company must have a Registered Office in Barbados, provided by a licenced service provider.
Directors
A Barbados IBC requires a minimum of one director. Director can be of any nationality and need not be resident in Barbados. Corporate directors are permitted.
Shareholders
A Barbados IBC requires a minimum of one shareholder.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
1-2,5% depending on income.
Double Taxation Treaty Access
None.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
None.
Audit Requirements
Only if income exceed US$500,000.
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of an Barbados IBC
The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Barbados company.
Time to Incorporate
Two weeks.
Questions? Need Advice?
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MAKE AN ENQUIRYBarbados Company Formation Prices
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Barbados Company Formation Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Incorporation
- Registered Office Address for 1 year
- Registered Agent Services for 1 year
- Government filing fee
- Memorandum & Articles of Association
- Minutes of first meeting appointing the director(s)
- Share Certificate(s)
- Register of shareholders
- Register of directors
Starting at: $5990
MAKE AN ENQUIRYWhy Choose Worldwide Incorporation Services?
Barbados Company Formation – Office Addresses
Services related Barbados Company Formation
Worldwide Incorporation Services provides the following services related Barbados Company Registration:
- Formation of a Barbados Company
- Registered Office and Agent Services in Barbados
- Samoa Company Secretarial Services
- Nominee Shareholder/Nominee Director
- Opening of Bank Accounts
- Full Company Administration Services
- Mailing Address in Barbados
- Trademark Registration
Interested in Barbados Company Registration?
Barbados – General Information
Location: Caribbean, island in the North Atlantic Ocean, northeast of Venezuela.
Area: total: 430 sq km, land: 430 sq km , water: 0 sq km. …
Worldwide Incorporation Services | Barbados IBC | Barbados Company Registration | Barbados Offshore
Tags: Barbados IBC | Barbados Company Registration | Barbados Company Incorporation | Barbados offshore | Barbados offshore company | Barbados company