New entity to redefine how business is done locally

Barbados is redefining the way business is done on island with the establishment of new entity, Business Barbados.

Effective tomorrow, the Corporate Affairs and Intellectual Property Office (CAIPO) will be absorbed within that entity.

It will take responsibility for the Corporate Registry and expand its services to Barbadians and international businesses.

Minister of Energy and Business, Senator Lisa Cummins says the move is not just a name change.

The end goal is to ensure Barbados is the place to do business.

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