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Barbadian Management Consulting Firms may provide services to EC consumers resident in Barbados without restriction.
There are no market restrictions for Barbadian Management Consultants or Consulting Firms on providing services from Barbados to consumers in the EC.
Subject, of course, to the normal visa requirements, Management Consulting Firms from Barbados are allowed to operate in the EC for the following designated lengths of time:
Generally, the senior Barbadian staff responsible for establishing your commercial presence in Europe may stay for 90 days in any 12-month period. Key personnel will be allowed to work in Europe for a period of up to 3 years, and graduate trainees may stay for one year.
Barbadian companies are able to invest in or establish legal entities in both Management Consulting Services and Services related to Management Consulting. There is one country-specific condition to this access in Hungary where there is no commitment to permit arbitration and conciliation services.
There are also some general conditions that are in place across the EC for Management Consultants from Barbados.
Austria, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Spain, Greece, Finland, Hungary, Ireland, Italy, Lithuania, Latvia, Malta, Poland, Romania, Slovak Republic, Slovenia: Limitations on the acquisition of land and real estate. |
Estonia, Finland, Italy, Romania and Sweden: Limitations requiring local citizenship or residency of senior management or Board of Directors. |
Poland: Limitations on the type of business. |
Bulgaria, France, Finland and Italy: Limitations on the type of investment e.g. a maximum percentage for foreign shareholding or voting rights. |
EC: Limitations on the treatment extended to branches and agencies. |
Yes, in order for a Barbadian Management Consultant or Management Consulting firm to provide services in the EC, a person’s qualifications or business license needs to be recognised in that country. The Economic Partnership Agreement (EPA) establishes a process for the private sector, through its relevant professional bodies, to negotiate the terms for mutual recognition of qualifications and licensing requirements.
The Agreement requires that the relevant professional bodies engage in negotiations with their counterparts in the EU. The professional bodies will then make recommendations to the CARIFORUM-EC Trade and Development Committee, which will finalise the mutual recognition agreements.
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