For many years, Barbados has been deemed an ideal jurisdiction for persons to operate their business and wealth. Companies wishing to thrive in the highly competitive global market utilize Barbados as a platform for international business by capitalizing on the business-friendly environment, high-quality infrastructure, tax advantages, investment protection and strong human capital.
Barbados is a small country with a solid tradition of democracy and political stability for more than 50 years. Barbados has a Westminster style democracy and the Central Bank of Barbados is the prudential regulator. As an independent country, Barbados maintains High Commissions in Venezuela, Brazil, USA, UK and Canada among many others.
The US Barbados DTA.
Barbados is the only jurisdiction in the Caribbean with an established double tax treaty network and a well-regulated, low-tax international financial center that has a DTA (Double Tax Agreement) with the USA. Barbados has an extensive double tax treaty network with more than 30 countries, including agreements with Cuba, UK, Luxembourg, and Canada. There are other treaties under negotiation.
Barbados also offers a good quality of life and a range of international lifestyles due to its positioning as a luxury tourism destination. Barbados is, therefore, the ideal place in the Caribbean to base your international business and wealth management structure.
Why Mithril International?
As an owner manager, it is problematic to place your structures with large institutions and services firms that have thousands of clients as they do not have the time to get to know you and your family.
In the new international financial system, knowledge and knowing is required in order for solutions to be effective as well as to ensure the protection of your family, investments and business. The world is about to go through unprecedented uncertainty, and if your service providers don’t know you, they won’t be there for you to help navigate this uncertainty successfully.
Mithril International will…
As a boutique company, with a small number of clients, you, our customer can get to know us and trust us. Unlike large firms and institutions, we can and will invest the time to actually know you, we can help you, when you and your family need us the most.
Take an international approach
We have experience in working closely with US, UK, Canadian and Latin American tax advisors and we understand how to implement and effectively operate your tax advice.
Implement a structure with commercial reality
Artificial, paper-based international business and investment structures are no longer effective. If there is no commercial reality to your arrangements, you are now inviting interactions with the tax authorities and possibly failure to meet objectives.
Help you when you need it
We create and manage customized solutions for each and every one of our clients.