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Barbados Explains Eligibility Criteria for 5.5% Corporation Tax Rate and Prepayment Obligations

|Approved Changes|Barbados
Barbados

The Barbados Revenue Authority recently released Policy Note 05/2025 on the eligibility criteria for the 5.5% corporation tax rate and prepayment obligations. As previously reported, Barbados introduced a new corporation tax rate of 9% from 1 January 2024, with a reduced rate of 5.5% for certain qualifying companies. The key points of the policy note are as follows:

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Eligibility Criteri…

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