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Antigua and Barbuda

International Business Corporation (Company limited by shares)

Antigua and Barbuda has special importance in the offshore financial centers sector, due to geographical factors such as the time zone. The country is in the same time zone as New York, thus facilitating the development of a financial sector formed by many companies related to the stock market and wealth management.

Antigua and Barbuda offers the traditional services of an Offshore Financial Center, including the formation of Antigua offshore companies, bank accounts and the provision of financial services.

Corporations incorporated under the International Business Company Act, passed in 1982, are entitled to do business outside Antigua and Barbuda and benefit from a 50-year tax holiday from the date of incorporation. This exemption applies to most forms of income, dividends, interest and royalties paid by and to foreigners. There are no exchange controls and the unrestricted operation of bank accounts is permitted. An IBC benefits from the absence of capital gains and estate taxes in Antigua.

There are no exchange controls on the monetary transactions of Antigua International Business Corporations and funds can be freely moved on and off the island.

The International Business Corporations Act also provides strong confidentiality and privacy. The Act prohibits the disclosure of information imparted under conditions of business or professional confidence. There are no requirements to file any audited statements or corporate reports with the government.

As a former British colony, Antigua's legal system embodies the principle of English statutory and common law.

Antigua and Barbuda has signed up the OECD's Automatic Exchange of Information for tax purposes (AEoI) and is committed to undertake the first exchanges of information through Common Reporting Standard (CRS) in 2018.

International Business Companies in Antigua are sound tools for international trade and investment, free from taxes and easy to maintain.

Taxes

Corporate income tax – Companies incorporated under the International Business Act, are exempt from taxation. All trading income, investment income, capital gains, compensations, rents and royalties, as well as sales of goods or supplies of services are exempted from Antigua and Barbuda taxes. Payments to non-residents are also exempt from withholding taxes.

Other taxes – Antigua and Barbuda does not levy direct personal taxes. Personal income, as well as, capital gains, net wealth and inheritances are not subject to taxation.

There is a real property tax from 0.1% up to 0.5% on the assessed market value of the property and a stamp tax on the sale of real property, which is 7.5% for the vendor and 2.5% for the purchaser. Non-residents sellers are subject to stamp tax of 5% on the appreciation in value of the real property.

Non-resident purchasers need to obtain an alien landholding license at 5% of the value of the property.

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  • Offshore Income Tax Exemption
  • Offshore capital gains tax exemption
  • Offshore dividends tax exemption
  • CFC Rules
  • Thin Capitalisation Rules
  • Patent Box
  • Tax Incentives & Credits
  • Property Tax
  • Wealth tax
  • Estate inheritance tax
  • Transfer tax
  • Capital duties
  • 0% Offshore Income Tax Rate
  • 0% Capital Gains Tax Rate
  • 0% Dividends Received
  • 0% Dividends Withholding Tax Rate
  • 0% Interests Withholding Tax Rate
  • 0% Royalties Withholding Tax Rate
  • 0 Losses carryback (years)
  • 0 Losses carryforward (years)
  • 0% Personal Income Tax Rate
  • 31 Tax Treaties

Country details

Antigua and Barbuda
XCD
St. John's
North America
e n - A G
86754

Antigua and Barbuda is a Central American country part of the Commonwealth. Formed by several islands to the east of the Caribbean Sea. The country is located on the Lesser Antilles and borders the island of Guadalupe to the south, Montserrat to the southwest, Saint Kitts and Nevis to the west and San Bartolome to the northwest. Saint John, located in the island of Antigua, is its capital, its most populated city and its main port.  Its official currency is the East Caribbean Dollar (XCD), which is pegged to the US$ at a 2.7:1 ratio.

Antigua and Barbuda is a unitary, parliamentary, representative democratic monarchy, in which the Head of State is the Monarch who appoints the Governor General as vice-regal representative. Elizabeth II is the present Queen of Antigua and Barbuda, having served in that position since the islands' independence from the United Kingdom in 1981.

Antigua and Barbuda is a beneficiary of the U.S. Caribbean Basin Initiative that grants duty-free entry into the United States for many goods. It is a member of the Caribbean Community and Common Market (CARICOM) and the CARICOM Single Market and Economy (CSME). Antigua is a member of World Trade Organization (WTO),  WIPO, UNCTAD, among other international institutions.

Its main economic sector is the Tourism, which accounts approximately 60 percent of the GDP and 40 percent of investments. The agricultural sector is domestic oriented, mainly of sugar cane, cotton and fruits and considerably limited by its reduced water supply. Other important economic activities include oil refining, textile, carpentry, rum production, beer, cement, local crafts and furniture.

The country enjoys a high standard of living, well-educated workforce and high average life expectancy.

Antigua is also an offshore financial center, with a legal and tax framework advantageous for the establishment of International Business Companies, which are fully tax exempt, provided that no business is done within the territory. Antigua also offers an Economic Citizenship Program, where it is possible to obtain a second passport through an investment.

Tax treaties

Country Type Date Signed
Belgium TIEA 2009-12-07
Sint Maarten TIEA 2009-10-29
France TIEA 2010-03-26
United States TIEA 2001-12-06
Finland TIEA 2010-05-19
Guyana DTC  1994-07-06
Belize DTC  1994-07-06
Aruba TIEA 2010-08-30
Liechtenstein TIEA 2009-11-24
Saint Vincent and the Grenadines DTC  1994-07-06
Sweden TIEA 2010-05-19
Australia TIEA 2007-01-30
Dominica DTC  1994-07-06
Jamaica DTC  1994-07-06
Norway TIEA 2010-05-19
Trinidad and Tobago DTC  1994-07-06
Netherlands TIEA 2009-09-02
Denmark TIEA 2009-09-02
Portugal TIEA 2010-09-13
Switzerland DTC  1963-08-26
United Kingdom TIEA 2010-01-19
Grenada DTC  1994-07-06
Curaçao TIEA 2009-10-29
Ireland TIEA 2009-12-15
Barbados DTC  1994-07-06
Greenland TIEA 2010-05-19
Saint Kitts and Nevis DTC  1994-07-06
Saint Lucia DTC  1994-07-06
Iceland TIEA 2010-05-19
Germany TIEA 2010-10-19
Faroe Islands TIEA 2010-05-19

Procedures

We can help you incorporate a International Business Corporation (Company limited by shares) in Antigua and Barbuda for $2,800.


Description


Antigua International Business Company (IBC) – US$2,800.00 (All included)


We pride ourselves in providing the best possible professional service which includes our honest hassle free “No Hidden Fee” policy. Your incorporation package includes:



  • Government incorporation and filling fee

  • Bound set of Constitutional Documents

  • Certified Copies of Constitutional Documents for bank account opening

  • Registered Agent & Registered Office Fee

  • Courier fees


Time to form: 1 to 2 weeks.


All our incorporation services include a yearly consulting session, a dedicated account manager and access to our global network of trusted business services, including introductions to accountants, financial, tax and legal advisors at no cost.


Bank Account Options



  • Antigua Bank Account (Remotely) – US$300.00

  • Offshore Bank Account* (Remotely) – US$300.00

  • Bahamas Bank Account (Remotely) – US$500.00

  • Curaçao Bank Account (Remotely) – US$500.00

  • Labuan (Malaysia) Bank Account (Remotely) – US$500.00

  • Mauritius Bank Account (Remotely) – US$500.00

  • Hong Kong Bank Account (In-person) – US$1,200.00

  • Singapore Bank Account (In-person) – US$900.00

  • Crypto-Friendly Bank Account (Offshore, Remotely) – US$3,000


We include introductions to payment processors or merchant accounts with all of our incorporation services. Whether you just need standard credit card processing or specialized services for high risk processing, we are happy to help you with introductions that can empower your business.


*Offshore Bank Accounts: Belize, Puerto Rico, Nevis, Antigua, Saint Lucia.  Other bank account options may be available depending on business profile and turnover.


Annual Fees (2nd year) – US$1,100.00


Including:



  • Government fee

  • Preparing and Filling Annual Return

  • Certificate of Good Standing

  • Registered Agent & Registered Office Fees





Click here to incorporate your Antigua and Barbuda IBC.

Incorporate now

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Although we use our best efforts to keep the information of this site accurate and up-to-date, we make no representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this website. We disclaim any warranties expressed or implied, merchantability, or fitness for any particular purpose. We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages. The contents of this website are just for illustrative purposes and are NOT to be considered as a legal opinion or tax advice and should not be relied upon as such. Far Horizon Capital Inc., and any associated company, is not engaged in the practice of law or tax. If you wish to receive a legal opinion or tax advice on the matter(s) in this website please contact our offices and we will refer you to an appropriate legal practitioner. Use of our websites FlagTheory.com, Incorporations.io, Residencies.io, Passports.io, is subject to our terms and conditions.

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