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Antigua and Barbuda

International Business Corporation (Company limited by shares)

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 may be incorporated by either residents or non-residents and may invest in, trade with or provide services to persons within Antigua and Barbuda provided that they apply for a certificate and registration to do so. IBCs are currently taxed at a 25% corporate income tax rate.

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.

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

Antigua and Barbuda implemented the OECD's Automatic Exchange of Information for tax purposes (AEoI) and is conducting exchanges of information through Common Reporting Standard (CRS).

Taxes

Corporate income tax – The Miscellaneous Amendments Act provides an amendment to the IBC Act by deleting articles 270-281 of the IBC Act which previously provided a tax exemption for IBCs. IBCs would now be taxed at the general tax rate of 25%. No grandfathering is provided.

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.

  • 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
  • 25% Offshore Income Tax Rate
  • 25% Corporate 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 on 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 the World Trade Organization (WTO),  WIPO, UNCTAD, among other international institutions.

Its main economic sector is tourism, which accounts for 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

Tax treaties Map

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Services

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) Formation – USD 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:



  • All Applicable Registration and Government Fees

  • Certificate of Incorporation

  • Memorandum & Articles of Association

  • Appointment of Company Director(s)

  • Director(s) Acceptance Letter

  • First Board Resolution

  • Register of Members

  • Register of Directors

  • Share Certificate(s)

  • Registered Office & Registered Agent Service including all fees for the calendar year

  • Corporate Documents’ Courier Delivery


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 Opening Support Services


Bank Account Options*:



  • Antigua Bank Account (Remotely) – USD 300.00

  • Offshore Bank Account** (Remotely) – USD 300.00

  • Bahamas Bank Account (Remotely) – USD 500.00

  • Curaçao Bank Account (Remotely) – USD 500.00

  • Labuan (Malaysia) Bank Account (Remotely) – USD 500.00

  • Mauritius Bank Account (Remotely) – USD 600.00

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

  • Singapore Bank Account (In-person) – USD 900.00

  • Cyprus Bank Account (In-person) – USD 1,200.00

  • Armenia Bank Account (Remotely) – USD 1,200.00

  • New York (US) Bank Account (Remotely/In-person) – USD 2,000.00

  • Cook Islands Bank Account (Remotely) – USD 600.00


For Private Wealth Structures, we have further options available in large financial centers. Please contact us for more information.


*This accounts’ schedule of fees are for trading, service and holding companies whose activities are not regulated and are considered low-risk by financial industry standards. If you conduct regulated activities such as financial services or gaming, or you operate in a high-risk industry such as cryptocurrencies, precious metals, adult, dating. Please also contact us for more information relating to these industries.


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


Our Bank Account Opening Support Service includes:



  • Introduction to the Bank Manager

  • Bank Account Opening Process Management

  • Assistance and advice in filling out Business Questionnaires, KYC Forms and Bank Account Application Forms.

  • Certified Copies of Constitutional Documents with Apostille

  • Corporate Seal


Our banking service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information and purpose/use of the bank account that a given bank wants to know in order to approve your account application.


Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process


Annual Fees (2nd year) – USD 1,100.00


Including:



  • Government fee

  • Certificate of Good Standing

  • Registered Agent Service Fee

  • Registered Office Fee





Click here to incorporate your Antigua and Barbuda IBC.

Incorporate now

Disclaimer

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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