Barbados: what is the corporate tax rate?

9%. That is the headline rate, the one ordinary companies pay.

Barbados: what is the income tax rate?

12.5% to 28.5%. Depending on the country, a flat rate or a progressive scale.

FiScore 6.2 out of 10, ranked 63rd of 217: around the world average.

Barbados vs World average Compare another country

Corporate 9% · Personal 12.5% to 28.5% · VAT 17.5% · BBD

FiScore

63rd Light Heavy

Corporate income taxheadline rate

20.8%

−11.8points

Personal income taxtop bracket

28.5%

17%

+11.5points

VATstandard rate

17.5%

14%

+3.5points

Corporate income tax
Regime	Rate
Régime général standard regime depuis 2024	9%
Groupes multinationaux chiffre d'affaires supérieur à 750 M€	15%