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Press Releases
UK could issue tax havens blacklist
Officials in the international business sector in Bridgetown are in a wait and see mode as they expect the United...
Read moreBarbados Economic Substance Guidelines – Revised 2021
The Companies (Economic Substance) Act, 2019 (Act 2019-43) (“ESA”) introducing economic substance requirements for companies in Barbados was approved by...
Read moreFree Economic Substance Review Seminar
An Economic Substance Review Seminar hosted by The International Business Unit of the Ministry of International Business and BIBA, the...
Read moreIBU continues to facilitate the Applications and the delivery of Certificates and Permits for CTSPs
As Barbados enters a period of National Pause, the Ministry of International Business and Industry prays safety and protection for...
Read moreNotice to Grand-Fathered Entities
“Savings of right and benefits Notwithstanding the repeal effected by section 2, the rights and benefits conferred upon International Business...
Read moreRoom for growth in international business
The international business sector is ripe for major expansion following comprehensive changes to regulations governing the industry, Government Minister Ronald...
Read moreChanges to the IBU’s Processes due to (COVID-19)
Economic Substance Concerns have arisen that measures taken to prevent the spread of COVID-19, such as restrictions on travel and...
Read moreAML/CFT Regulatory Response to the COVID-19 Pandemic
The Central Bank of Barbados (“CBB”), Financial Services Commission (“FSC”), Ministry of International Business & Industry - International Business Unit...
Read moreCorporate and Trust Service Providers advised to use EZPAY
Corporate and Trust Service Providers have been advised to use government’s EZPay+platform, www.ezpay.gov.bb, to make payments for services offered by...
Read moreSecurity Council ISIL (Da’esh) and Al-Qaida Sanctions Committee Removes One Entry from Its Sanctions List
Decision Taken Following Review of Delisting Request Submitted through Office of the Ombudsperson On 24 March 2020, the Security Council Committee pursuant to...
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