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Antigua is a well-known offshore financial center and tax haven in the Eastern Caribbean, and is thus an ideal jurisdiction for offshore company formation. It is simple, fast, and affordable to set up an Antigua International Business Corporation IBC , which offers prospective investors numerous benefits. The non-resident corporate legislation was passed in , the Antigua International Business Corporation Act which allows exemption of all corporate taxes. Most notably, Antigua IBCs are completely exempt from all taxes. This makes it perfect for those looking to create a highly efficient offshore financial structure in a tax haven. As a bonus, it is a beautiful island nation with high living standards, a relaxed atmosphere, and pristine beaches. Antigua IBC. Corporate Details. Type of Entity. Limited Liability International Business Corporation. Type of Law. Governed by. Registered Office in Antigua. Shelf company availability. Our time to establish a new company. Minimum government fees excluding taxation. Corporate Taxation. Access to Double Taxation Treaties. Share capital or equivalent. Standard currency. Permitted currencies. All currencies. USD widely used. Minimum paid up. No minimum. Usual authorized. USD 50, Bearer shares allowed. No par value shares allowed. Minimum number. Local required. Publicly accessible records. Location of meetings. Corporate directorship allowed. Corporate shareholder allowed. Company Secretary. Local or qualified. Requirements to prepare. Audit requirements. Requirements to file accounts. Publicly accessible accounts. Recurring Government Costs. USD Annual Return Filing Fee. Requirement to file annual return. Migration of domicile permitted. Two incorporators, who are both citizens and residents of Antigua, are required to form an IBC. At least one of these persons should be a registered attorney. They will need to submit the following documents to the Companies Registrar:. The Registrar thereafter issues the Certificate of Incorporation. The specific activities in which the company can engage are stipulated in the Memorandum, and the Articles of Incorporation lay out the rules for the internal management of the company. You can open a corporate bank account in most countries around the world with an Antigua company. We have banking connections in dozens of countries, though the ones we recommend will be dependent on your situation as some banks require in-person visits, higher capital, more due diligence, and references, while others have minimal requirements. We suggest getting in touch for a consultation as there are many variables that go into finding the best place to open a bank account for your company. Antigua IBCs ensure strict confidentiality. There are no public records of company shareholders and beneficial owners. It is an outright crime for anyone associated with the IBC employee or bank employee to share information without prior authorisation. Antigua also has extremely strict banking privacy laws. A company can repurchase its issued shares. Bearer shares and nominee shareholders are both permitted for greater privacy. There are no specified minimum authorized capital requirements; however, the usual authorized share capital is USD 50, Only one shareholder and one director are required, who can be the same person of any nationality. This act covers all matters regarding formation, taxation, authorised share capital, proper structuring and so forth. An Antigua IBC is regarded as a separate legal entity from its shareholders and directors. It has all the same powers and rights as a natural person. Antigua IBCs are expected to conduct annual general meetings, but these may be held anywhere in the world. A local registered office and registered agent are both required. The agent may be either a corporate body or individual resident. Copies of all the incorporation documents must be kept at the registered office. These are not available to the general public. The US dollar is also widely used and accepted everywhere. There are no exchange controls on monetary transactions of Antigua IBCs, so funds can be freely exchanged and moved in and out of the island. Although there is no requirement to file accounts with the authorities, Antigua IBCs are still required to maintain financial statements which accurately reflect the financial position of the company. The usual time required for formation is as little as business days, but it may take up to 10 business days to receive the required documentation. The name chosen can be in any language. It must be unique and should not contain any disrespectful language. In addition, names which imply any affiliation or connection to local or national Governments are not permitted. USD per year for companies with a share capital that does not exceed USD 50, but has some or all of its shares with no par value. Businesses register a company in Antigua because international corporate structures provide asset protection and tax reduction possibilities that are found only in non-resident legal structures. Antigua offers both a safe and stable jurisdiction with a favorable tax regime for non-resident companies giving companies a business-friendly corporate environment. The government and regulatory bodies seek to attract regional and international businesses by providing business-friendly policies to attract investors and entrepreneurs into the country. Antigua company registration costs vary, which is why we do not include them on our website. Prices depend on the legal and corporate services required, as well as secretary, auditing and signatory services which are often needed though not always if you are incorporating a non-resident company. Registration and incorporation fees for 1st-year companies vary anywhere from USD with 2nd-year fees ranging anywhere from USD. However, even these figures are not always the case, as all of this depends on the services required, so beware of any service provider that states their fees exactly, as you will be disappointed in seeing that number change. Get in touch for a price quote. Opening a business bank account is definitely possible and is one of the main reasons why businesses open a foreign corporation in the first place. That being said, some jurisdictions are harder than others and we will assist you through the entire process. Yes, we can! Offshore Protection has been establishing companies around the world for nearly three decades. We have engaged in client legal and corporate services, including opening companies, offshore trusts, getting financial licenses, and accounts in dozens of countries around the world. Get in touch to find out more. Join thousands of satisfied clients who have experienced the Offshore Protection advantage for more than 25 years. When you purchase any of our offshore company formation products, you'll get FREE support from our lawyers to help answer your overseas company day-to-day management questions. Start the Antigua Incorporation process with Offshore-Protection today. Order a Antigua IBC with or without a bank account. Without a customised legal strategy, you put yourself at risk. Book an Online Consultation. Opening an offshore company can increase privacy and asset protection, but you can not eliminate your taxes without giving up your citizenship. If you are a US citizen you are obligated to pay taxes on all worldwide income. Disclaimer: Offshore Protection strives to keep information on this website updated, however, laws and circumstances are subject to change. All information on this website is for reference purposes only and does not constitute legal or tax advice. Contact Offshore Protection for specific advice regarding your situation. About us. Contact us. What we Offer. WhatsApp Chat. Telegram Chat. Skype Call Skype Chat. All Rights Reserved. About Resources. Consultation Contact Us. Written by Offshore Protection. What is an Antigua Offshore Company Antigua is a well-known offshore financial center and tax haven in the Eastern Caribbean, and is thus an ideal jurisdiction for offshore company formation. Antigua IBCs offer utmost confidentiality and privacy. It is an outright crime to disclose unauthorised information and banking details, and the names of the director and shareholders are never publicised. There are no auditing or reporting requirements and annual financial statements do not need to be filed. An IBC's assets are well protected because they are legally owned by the IBC not the individual shareholders and are not disclosed in public records. Schedule Consultation. No Obligation. Absolutely Free. Completely Confidential. Offshore Protection specializes in custom offshore strategies to reduce your taxes, diversify your wealth, and protect your assets so you can pursue your freedom. Apdo Eldorado, Panama City, Panama. This email address is being protected from spambots. You need JavaScript enabled to view it. Offshore Business Planning. Offshore Tax Reduction. Offshore Diversification. Offshore Cryptocurrency. Offshore Wealth Protection. Offshore Online Business. Offshore Business Strategies. International Company Formation. Asset Protection Strategies. Financial Licences. Second Passports. Corporate Services. Accepting payments from. Quick Links. Order Process Partnership Offshore Blog. Reviews Testimonials Glossary Press. Privacy Terms Disclaimer Legal.
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