- June 24, 2021
- Posted by: Stratford Team
- Category: Business
It is important to preface this piece by stating that Barbados has always been a jurisdiction of substance and high standards when it comes to facilitating Global Business. Notwithstanding this, the way in which adopted global policy has dictated the means of doing business has transformed or better worded, enhanced Barbados’ position as a Global Services Centre (herein ‘GSC’).
Traditionally, Barbados has been known as an offshore jurisdiction or an International Financial Center (herein “IFC”). It among other developed and developing jurisdictions, has competed to be the best at providing a favorable Investment climate by offering a flexible, dynamic and nimble approach to regulating business within its jurisdiction. This has effectively enabled a wide array of professionals to conceptualize advanced structuring options which maximize the profits and wealth of their clients and businesses.
However, Barbados enhanced its approach to…