Tax Clearance
© 2008 Department of Inland Revenue, Treasury Building, Bridge Street, Bridgetown, Barbados
all rights reserved.
Liquor License
Tenders
Person(s) applying for government tenders are also required to get a Tax Clearance Certificate from the Department for submission with their application to the Tenders Committee.
Immigration
Persons seeking permanent residence, immigrant status and renewal of work permits require a Tax Clearance Certificate for presentation to the Immigration Department. If the person applying for the Tax Clearance Certificate is not employed, then the tax status of the person maintaining the applicant is looked at.
Most Government Departments and some financial institutions require that you produce a Tax Clearance certificate from the Inland Revenue Department in order for certain applications to be considered. Tax Clearance Certificates may differ according to the Government Department or financial institution requesting such certificates.
The main requirement for obtaining a Tax Clearance Certificate is to ensure that one’s filing is up-to-date and there is no tax due or outstanding. This relates mainly to Individuals as well as Corporations although in some instances there are other requirements that should be met.
Following is a list of required Tax Clearances in the Department:
1. Liquor License
2. Tenders
3. Duty Free Concessions
4. Immigration
5. Central Bank
6. Public Service Vehicles
7. Registrar of Corporate Affairs
8. Small Business
9. Renewal of Franchises
Restaurateurs, Hoteliers, ShopKeepers, Bar Persons in the business of selling alcoholic beverages are required by law to have a liquor license. A Tax Clearance Certificate is part of the requirement. These certificates are to be presented.
Duty Free Concessions
Owners of Public Service Vehicles and Hoteliers importing goods and seeking duty free concessions,
Charities and Non-Profit Organizations are required to register with the Department as a Benevolent Organisation in order to obtain duty-free concessions
These certificates are for presentation to the Customs Department.
Central Bank
Public Service Vehicles
Registrar of Corporate Affairs
Small Business
Renewal of Franchises
This clearance is for persons, who are remitting funds to another country as payment for goods & services rendered or non-nationals repatriating funds.  This certificate must be presented to the Central Bank of Barbados.
Owners of public service vehicles i.e. Mini Buses, Route Taxis, Maxi Taxis, Hired Cars, Tour Buses, Taxis and Hired Limousines are required to produce a Tax Clearance Certificate to the Licensing Authority annually on renewal of permits.
Companies that have ceased operations, amalgamated or have changed ownership require a Tax Clearance Certificate for submission to the Registrar of Corporate Affairs & Intellectual Property Office . If no trading has taken place during the period, then a sworn affidavit would be necessary to validate the claim.
Persons, who are applying for approval of a company as a Small Business needs a tax clearance certificate. This status allows Corporations to pay a lower rate of tax. These Certificates of Clearance are to be presented to the Ministry of Commerce Consumer Affairs & Business Development
A person/corporation seeking the right or privilege to use an international patent or name is required to apply for a Franchise License from the Ministry of Finance. The application must be supported by a Certificate of Tax Clearance obtained from the Department of Inland Revenue.
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