Entry Into Force Of Barbados/Italy DTA

bgis Ministry News

The Double Taxation Agreement (DTA) between the Government of Barbados and the Italian Republic has entered into force in accordance with Article 30 of the Agreement. The instruments of ratification for the Convention for the Avoidance of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion  were exchanged by the Minister of Industry, International Business, …

Call To Study Harmful Tax Practices

Julie Carrington Top Stories

Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, is encouraging members of the international business sector to study the work of the Forum on Harmful Tax Practices. He said this research must be conducted within the context of Government’s commitment to the sustainability of this sector and its operation on a level that provides a secure …

Int’l Business Sector Review Ongoing

Julie Carrington Top Stories

A full review of the International Business Sector has already commenced with a view to making changes to the legislation that governs the island’s international business and financial services sector. This disclosure came from Minister of Industry, International Business and Small Business Development, Donville Inniss, as he addressed the Institute of Chartered Accountants of Barbados (ICAB) International Business Workshop at …

International Business A Key Sector

Theresa Blackman Top Stories

This country’s International Business Minister, Donville Inniss, has described the International Business and Financial Services (IBFS) Sector as one of Barbados’ best-kept secrets. The Minister lamented that although the sector makes such an “important contribution” to the “lifeblood of the economy”, not many people truly understood its role and function. He made these commnents recently at the opening ceremony of …

Barbados & Canada Relations Assured

Joy-Ann Gill Top Stories

Canada’s role in Barbados’ tourism and international business sector was highlighted recently, when that country’s High Commissioner, Marie Legault, paid a courtesy call on Minister of Foreign Affairs and Foreign Trade, Senator Maxine McClean. Congratulating the new Ambassador on her posting, Senator McClean stated:  “I think you will be continuing a very close friendship between country and country, government and …

IB Sector Needs Education Campaign

Theresa Blackman Top Stories

International Business Minister, Donville Inniss, is calling for a national education campaign to be done on the International Business (IB) sector. During a courtesy call at his Reef Road office from recently-appointed President of the Barbados International Business Association (BIBA), Gregory McConney, Mr. Inniss stated that he would like BIBA and the Ministry of International Business to partner on such …

Bright Prospects For Barbados In Latin America

bgis Top Stories

As it continues its promotional efforts in support of the international business and financial service sector, Invest Barbados recently hosted seminars and informational meetings in Mexico City, Mexico; and Bogotá, Colombia. A 22-member public-private sector delegation, led by Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, participated in seminars that were attended by a cadre of …

Training Seminar On Competition Law

Theresa Blackman Ministry News

Raising knowledge and awareness on Competition Law and Policy will be the focus of a one-day workshop on Monday, July 18, at 8:30 a.m. at the Savannah Beach Hotel, Hastings, Christ Church. The Ministry of Industry, International Business, Commerce and Small Business Development in collaboration with the Forum of the Caribbean Group of African, Caribbean and Pacific States will host …

Government Still Committed To SME Sector

Theresa Blackman Top Stories

Government remains firmly committed to the small and medium enterprise (SME) sector in Barbados. Minister of Small Business Development, Donville Inniss, gave this assurance this morning at the launch of the Barbados Coalition of Service Industries’ (BCSI), Export Incubation Services Unit (EISU), at the Harbour Industrial Estate, St. Michael. Mr. Inniss reiterated that his administration’s commitment was manifested in many …