Barbados is a member of Caricom, the Caribbean common market.You never can forget about taxes. Earnouts provide a vehicle to defer and reduce the seller's tax liability. Be sure to discuss your potential deal structure and tax consequences with your advisors before final negotiations begin. A properly structured earnout could save you significant tax dollars.Search is a growing industry, and it seems that every day there is a new search engine optimization company in the game. However, the skills of many of these search engine optimization companies are questionable -- staying on top of the knowledge curve can be daunting, and getting up to speed more daunting still. Moreover, there are a huge variety of tactics, "safe" and "unsafe" practices (in terms of the risk of penalization), and other important business considerations that you should think about before deciding on any particular search engine optimization company.The following is the first of a three-part series that provides a list of questions to help you to determine if the company you are considering is deserving of your trust. In this installment, we'll focus on the tactics that search engine optimization companies might use that could put your website at risk of penalization or removal from the major search engines. A company owned wholly by non- residents, regardless of what percentage of profit is actually distributed.It is this third category of qualification, which is the most important, as it means that companies, incorporated on the Isle of Man but wholly owned by non-residents, will continue to enjoy tax- free status.Companies will have to apply for distributing status but the exact means by which they will do so has not as yet been decided. The Government has however indicated that companies which have successfully claimed such status may not be required to submit accounts with every tax return providing sufficient information is provided on the return to support the claim. annual dinner advertising agency advertising company In 1966, after nearly 350 years of British rule, Barbados became an independent nation. The political, economic and social stability that were a feature of its colonial past continue today.The Barbados legal system is based on English common law and has been supplemented by modern legislation. Courts exist on the English model with the final appeal being to the Privy Council in London.The official language of Barbados is English. Its currency is the Barbados dollar which has a fixed exchange rate of 1.99 "Bajan" dollars to each U.S. dollar.