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Societies With Restricted Liability (SRL)
The Societies with Restricted Liability Act also offers investors the opportunity to take advantage of Barbados` network of tax treaties.
An SRL may be recognized as a corporation or a partnership, with existence limited to 50 years. SRL`s are similar to a LLC in the USA, using the "check the box rules."

Major Points of the SRL:
  • Limited liability
  • Maximum tax rate of 2.5% and minimum of 0.25%
  • Foreign tax credit (conditional)
  • No exchange controls
  • No capital gains tax
  • No estate duty
  • No minimum capital requirements
  • Import duty concessions
International SRL`s are designed for use in international transactions and are treated as an IBC for the purposes of taxation and other tax concessions.

Advantages of Having an Offshore Entity in Barbados
  • Low taxes
  • Excellent telecommunications systems
  • Professional service providers
  • Highly-educated workforce
  • Confidentiality
  • Well-established banking system
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