Barbados recently revised its tax regime, which resulted in changes to its suite of international business legislation. Some Acts have been amended or repealed, while new Acts have been created. The Foundations Act is pending.   


Business Companies (Economic Substance) Act 2018-41 – Repealed

   Companies (Economic Substance) Act, 2019-43 *new


Companies Act – Cap 308

   Companies (Amendment) Act 2012-2

   Regulations – Companies Act

   Companies (Amendment) Act, 2016-1 (Incorporated Cell Companies)

   Companies (Amendment) Act 2018-42

   Companies (Amendment) Act, 2019 -19

   Companies (Amendment) (No.2), Act, 2019-51

   Companies Act of Barbados – Domestic Annual Return Form


Corporate and Trust Service Providers Act, 2015-2

    Corporate and Trust Service Providers (Amendment) Act, 2018


Exempt Insurance Act – Cap. 308A – Repealed

    Exempt Insurance (Amendment) Act 2012-4




Financial Institutions Act – Cap 324A 

Financial Institutions (Amendment) Act 2018-51


Foreign Currency Permits Act 2018-44 *new


Foundations Act, 2013-2 *pending


Income Tax Act – Cap. 73

    Income Tax (Amendment) Act, 2009-6

    Income Tax (Amendment) Act, 2010-11

    Income Tax (Amendment)(No.2) Act, 2010-13

    Income Tax (Amendment)(No.3) Act, 2010-15

    Income Tax  Regulations, SI 2010  No.113

    Income Tax (Amendment) (No.2) 2011-26

    Income Tax (Amendment) Act, 2012-26

    Income Tax (Amendment) Act, 2013-17

    Income Tax (Amendment) (No. 2) Act, 2013-18

    Consolidation Tax Act, 2013 -19

    Income Tax (Amendment) Act, 2014-15

    Income Tax (Amendment) Act, 2015-16

    Income Tax (Amendment) (No. 2) Act, 2015-22

    Income Tax (Amendment) (No. 3) Act, 2015-23

    Income Tax (Amendment) Act, 2016

    Income Tax (Amendment) Act, 2018

    Income Tax (Amendment) Act, 2018-4

    Income Tax (Amendment) (No.2) Act, 2018-13

    Income Tax (Amendment and Validation) Act, 2018-37

    Income Tax (Amendment) (No.3) Act, 2018-54


Incorporated Cell Companies


Insurance Act – Cap 310

    Insurance (Amendment) Act 2018


International Business Companies Act – Cap. 77 – Repealed. NB.: Refer to the International Business Companies (Repeal) Act, 2018-40

    International Business Companies (Repeal) Act, 2018-40



International Commercial Arbitration Act, 2007 – 45


International Financial Services Act – Cap. 325 – Repealed

   Financial Institutions Act, Cap324A

   Financial Institutions (Amendment) Act, 2018-51

   (Assets Classification and Provisioning) Regs, Cap 324A

   Financial Institutions (Miscellaneous Provisions and Validation) Act, 2009 – 24



International Trusts Act – Cap. 245 – Repealed

Trusts (Miscellaneous Provisions) Act 2018-49 *new


Mutual Funds Act – Cap 320B


Private Trust Companies Act, 2012-22


Property Transfer Tax (Amendment) Act 2018


Securities Act – Cap 318A

    Securities Regulations


Shipping Incentives Act – Cap. 90A 

    Shipping Incentives Amendment Act 2009-31

    Shipping Corporations (Amendment) Act 2018-46


Small Business Development Act – Cap. 318C


Societies with Restricted Liability Act – Cap. 318B 

    Societies with Restricted Liability (Amendment) Act 2012

    Societies with Restricted Liability (Amendment)(No.2) Act, 2012-25

    Societies with Restricted Liability (Amendment) Act 2018-47

    Societies with Restricted Liability Regulations


Stamp Duty (Amendment) Act 2018-48


Tourism Development Act – Cap. 341


Trustee Act – Cap. 250


Value Added Tax Act

Value Added Tax Order 2012 – S I 2012 No. 6 

Value Added Tax Act (Amendment) (NO. 2) Act 2018-50


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