Offshore Company Formation Antigua and Barbuda
General Information about Antigua
The State of Antigua and Barbuda consists of two islands in the middle of the Leeward Islands in the Eastern Caribbean at latitude 17 deg. N and 61 deg. W approximately. The land area is 442 sq. km. and the capital is St. Johns. The currency is the Eastern Caribbean dollar (E.C. 2.7 = U.S.$ 1).
The main industry is tourism. There is a financial services industry. Agricultural production is limited owing to shortage of water. There is some light manufacturing.
Antigua companies and taxation
The company used for international operations by non - residents is the International Business Company incorporated under the International Business Corporations Act 1982 as amended from time to time. An IBC may obtain a guarantee of tax exemption for fifty years. Banking, Insurance and Investment services require a license.
| Antigua offshore company regulations |
| Type of entity |
IBC |
| Type of law |
Common - International Business Corporations Act 1982 |
| Corporate taxation |
Nil |
| Double taxation treaties available |
No |
Share Capital |
| Usual currency |
U.S.$ |
| Permitted currencies |
|
| Minimum paid up |
U.S.$1 |
| Usual authorised |
$1,000 |
| Foreign ownership permitted |
100% |
Directors |
| Minimum number |
1 |
| Corporate Directors permitted |
Yes |
| Local resident required |
No |
| Records publicly available |
No |
| Location of Meetings |
Anywhere |
Shareholders / Members |
| Minimum number |
1 |
| Records publicly available |
No |
| Location of Meetings |
Anywhere - AGM must be held in Antigua and Barbuda – can be held by nominees |
| Bearer shares permitted |
Yes |
Company Secretary |
| Required |
No |
| Local or qualified |
|
Registered Agent |
| Required |
Required |
Accounts |
| Required |
Yes |
| Audit required |
No |
| Filing required |
No |
| Publicly available |
No |
Other |
| Annual return required |
Yes |
| Change of domicile permitted |
Yes |
Why not talk to us about forming an offshore company in Antigua? Call +353 1 431 9663 or Click Here to contact us.
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