British Expats

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-   -   Setting Up Company (https://britishexpats.com/forum/barbados-109/setting-up-company-925083/)

Anthony75 May 19th 2019 11:38 am

Setting Up Company
 
Hello, my wife and I are moving our company to Barbados and need to set up a new company and apply for work permits. As we are bringing outside business with us the Immigration Dept has said we will most likely be granted the work permits. The question is has anyone set up a company and applied for work permits themselves without using local lawyers? All of the quotes we have had have been extortionate. Is there anyone here who can advise? Most companies want to host our company for a year (local address and director etc) which I'm not sure we even need? Any help would be most appreciated.

Serendipidy May 19th 2019 12:03 pm

Re: Setting Up Company
 
Hi Anthony

I have set up a company in Barbados although it was a long time ago. The setting up of the company was not the main work of the lawyers it was the getting the work permits as a company director.

If you PM me privately im happy to have a call and talk through some of my experiences

Dips

yanos Jul 12th 2019 2:05 pm

Re: Setting Up Company
 
Hi Anthony,

I did this a year ago, We had to hold off actually moving because my wife fell pregnant, but we are now on track to be there start of September.

I used a lawyer in Barbados, they have been great. Yes it was quite pricey but I felt it would go a lot smoother if I had someone who understood the system doing it. I tried to do it all myself but gave up!

What I did was set up an IBC then apply for a work permit through it, Your situation may slightly different with regards to the company set up but the work permit situation is the same. It took quite a while and a lot of back and forth.

Drop me a PM if you want any info on my lawyers etc.

Good luck!

satellite_ian Jul 12th 2019 7:56 pm

Re: Setting Up Company
 
I think that an IBC is no longer a valid option - I do however stand to be corrected. Which does go to prove you do need a someone with proper current knowledge.

Twill Aug 16th 2019 4:02 am

Re: Setting Up Company
 
Anthony, my situation is very similar to yours. Did you find out any helpful information?
Thanks, Twill

Twill Aug 17th 2019 12:49 am

Re: Setting Up Company
 
Anthony, you still there?


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