The Caribbean island nation attracts foreign entrepreneurs with its ease of incorporation and high level of protection of capital and information for business owners. Antigua is offshore in the classic sense of the word, which allows companies to register companies on its territory before representatives of all countries in the world. The country's legislation (including the International Business Companies Act, which regulates foreign investment) is constantly being finalized.
Registration of a company in Antigua and Barbuda is advantageous in that:
All official procedures are simplified to the maximum extent
The jurisdiction protects assets held by companies, they are not affected by the norms of other countries;
Companies receive tax breaks for 50 years;
Data on the owners, beneficiaries, management of the company are not disclosed (although the register in Antigua is open) - the jurisdiction ensures a high level of confidentiality of information;
You do not need to submit an annual accounting or audit report - it is enough to store the mandatory information (copies of the charter, certificates, memorandum of the company and the register of its directors) at the registered office.
Political stability.
Opening a company in Antigua is available to any non-resident, but for registration a local authorized agent will be required - a lawyer, accountant, trust, etc. All international offshore companies are controlled by the AFSR Commission and are not allowed to trade with residents of the jurisdiction - only in the foreign economic arena.
Process and features of offshore registration in Antigua
The company can be based in one of several forms - an international trade corporation, a holding company, an export-import, financial, shipping or other company. It allows the presence of one director, an individual or a legal entity. A secretary is also required, he can be a non-resident of the jurisdiction. The company must have at least one shareholder, an individual or a legal entity. Beneficiary information is not disclosed to external entities and the public.
To obtain the registration certificate, the Agent provides the special bureau with:
a verified version of the company name;
completed and certified registration forms and application;
apostille-certified constituent documents of the company - charter, contract, minutes of the shareholders' meeting, resolution on approval of the board of directors, notification of registration of the address, etc.;
confirmation of payment of fees and registration fees.
You will need to pay the authorized capital - there are no minimum requirements for it, as a rule, companies need about 50,000 US dollars. Companies must create registers of directors and shareholders, notarize and apostill all documentation submitted to the registrar. Nominal service is allowed - for this it is necessary to conclude an agreement for the relevant services and issue a power of attorney. After registration, the company receives a certificate, creates the main corporate book, orders the seal. All types of activities are specified in the charter. After registration, the company opens an account in the bank - this can be done remotely.
The tax system in Antigua
The country does not apply direct taxes for residents and non-residents. Income, capital gains, inheritance and gifts are exempt from taxation. Antigua is an offshore, where it is profitable to register your business. An international company must maintain its financial documentation. Filing a tax return is not mandatory.
How our experts can help
Let's assume that you are evaluating the establishment or purchase of a company in Antigua. In this case, the lawyers of "Smart Startup UK" are ready to put this option into practice by providing legal support for the following aspects of business registration in Antigua:
Request and collect all data and documents for opening a business in Antigua;
Choose the name and in the interests of the client, all negotiations are conducted by us with local authorities and banks;
We arrange the legal address, accounts and employees, as well as all necessary documents for applying for the future company;
We provide comprehensive legal support for the further functioning of the new legal entity in Antigua.
The portfolio of specialists of "Smart Startup UK" is formed by more than 8,000 cases in the field of registration and support of international business. Our lawyers will apply this experience to the goals of your project.
CREATE A COMPANY
Company name check and reservation
Company registration, including government fees
Obtaining an administrative identification number
Registering the company with government agencies
Writing a company charter
A set of company charter documents in electronic form
Bank contribution for the company's authorized capital
Obtaining a foreign investment permit
Opening an account at: Antigua Commercial Bank, Meinl Bank (Antigua) Limited
Opening a personal bank account
Apostille and translated corporate documents
Obtaining a residence permit
Free consultation
Assistance with online trading and opening an account at viva.com for online trading
Accounting services - 12 months
Accounting services
Annual renewal 1100 Euro (paid from the second year)
*Within 35 days
IMPORTANT! We can provide you with the initial share capital (if the amount is over 5000 Euro) for registering your company in the form of a loan from our company.
Please, if you are interested, make an inquiry to us.
What is the procedure!
1. You submit an application for company registration using the application form.
2. We check whether the company name for registration is free and eligible for registration.
3. Choose a bank that meets your company's needs from a list of Smart Startup UK partner banks.
4. We send you a proforma invoice for payment to be paid to our bank account + the amount for the initial capital of your company.
5. You receive all the necessary company documents for reconciliation.
6. You receive details of your newly opened bank account.
7. Within the specified period (for Antigua it is 35 days) you receive all the services included in the package.
8. You can manage all the services included in the package through our platform, as our team works 24/7 and you can get help from us within up to 30 minutes. We have built an internal ticket system for our customers, through which we process each of your support requests.
All services such as management, accounting, bank account opening requests, licensing, tax return filing, tax payment and others are carried out through your account on our platform, making it easier to manage your business!
