Why Barbados?
Barbados has become well known in international business circles with a well-regulated and sophisticated environment. For many years, Barbados has enjoyed the reputation as an effective international business centre in which to conduct business, and offers the following in one location:
- Long history of political and economic stability (favourable credit rating by Standard & Poors)
- Regulatory environment meets international best practice
- Forward thinking legislation and effective regulation to encourage legitimate international business
- High quality physical infrastructure and support services, including excellent telecommunications and major international banks
- High statutory level of confidentiality
- Cost competitive and business friendly environment as a result of the high standard of local education, a productive workforce and a close working relationship between the social partners
- Impressive network of tax treaties and investment agreements with progressive countries in North America, Europe, Asia and Latin America
- Preferred location for international companies seeking to outsource some of their key services in a tax efficient environment
- Business capital of the Caribbean, with direct air travel links to North America and Europe.
Bilateral Investment treaties have been signed with:
- Canada
- Cuba
- Germany
- Italy
- Switzerland
- United Kingdom
- Venezuela
Provisions of Bilateral Investment Protection treaties
- Investment promotion and protection
- Provision of compensation for losses
- The granting of most-favoured nation and national treatment provisions
- Protection from unfair expropriation and nationalization of investment
- Procedures for the fair and equitable settlement of disputes arising
- Procedures for the timely repatriation of investment and returns
- Procedures for prompt transfer of funds
- Subrogation
©
2007 Dancap Bank (Barbados) Inc.
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