Ecuador vs Barbados
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πͺπ¨ Ecuador β Municipal & Provincial Taxes
Ecuador's 24 provinces and 221 cantons (municipalities) levy the impuesto predial (property tax at 0.025%β0.5%), impuesto de patente (business licence), and municipal assets tax. Guayaquil and Quito have the highest municipal commercial charges. The Internal Revenue Service (SRI) administers national taxes. Ecuador uses the US dollar as official currency since 2000, providing monetary stability. Tax reform has been ongoing under successive administrations facing fiscal pressures from oil price volatility.
π§π§ Barbados β Parish Councils & Land Tax
Barbados's 11 parishes have parish councils that levy land tax at 0.1%β0.7% of site value. Barbados has long been a significant international business and financial centre, particularly for Canadian companies. Major tax reform in 2019 aligned Barbados with OECD BEPS standards. A tiered corporate tax rate structure was introduced. Barbados was removed from the EU tax haven blacklist following these reforms and maintains competitiveness as an IFC.
Ecuador vs Barbados: Key Tax Differences (2026)
π° Income Tax: πͺπ¨ Ecuador has a higher top income tax rate (0β37% vs 12.5β28.5%). π§π§ Barbados is more favourable for high earners.
π VAT/Sales Tax: Barbados has a higher consumption tax (15% vs 17.5%).
π’ Corporate Tax: π§π§ Barbados offers a lower corporate rate (9% vs 25%), which can influence business location decisions.
π Capital Gains: π§π§ Barbados taxes investment gains at a lower rate (0% vs 10%), benefiting investors.