Business Barbados is officially in operation, marking a major development in the island’s efforts to streamline business facilitation and improve its international competitiveness, Minister of Energy and Business Development, Senator Lisa Cummins has announced.The new entity, which took effect last Saturday, replaces the Corporate Affairs and Intellectual Property Office (CAIPO) and is tasked with modernising Barbados’ business registration and regulatory processes.“This is about taking fresh guard,” said Minister Cummins during a debate in the Senate on Wednesday.“We’re marking a line in the sand, covering it over in cement, and starting fresh. This is not just about rebranding; it is about ensuring that Barbados delivers on its business-friendly promise.”
