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Government Launches New Business Registry | Barbados News

Government Launches New Business Registry | Barbados News

Published 1 month, 1 week ago
Description

The government is rolling out a major overhaul with a new beneficial ownership registry by June next year—transforming how businesses operate, cutting red tape, and boosting transparency to attract global investment. This landmark legislation clears the way for a more competitive, modernized economy, with digital reporting, streamlined licensing, and upgraded agency systems. Businesses have until June to adapt, supported by government guidance, ensuring smooth transitions for startups and giants alike. It’s a cornerstone of the nation’s economic strategy, positioning it as a top destination for international trade and sustainable growth.

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