Unveiling Your Business Prospects With Company Registration in Antigua with 3E Accounting

Explore the avenues of company registration in Antigua with the assistance of 3E Accounting. With a dynamic blend of a favourable tax climate, economic stability, and an enchanting location, Antigua is easily one of the most attractive destinations for entrepreneurs to establish their businesses overseas.

 

Why Should You Start a Business in Antigua?

Antigua is equally popular for those who want to do business within and outside the country. Especially with the International Business Corporation (IBC), which is a company registered in Antigua that does business in other countries, you get the following benefits:

• Complete Foreign Ownership – Shareholders Can All Be Foreign Nationals
• Tax Exemption – IBCs enjoy total tax exemption. However, individuals under the jurisdiction of global income taxation, like U.S. taxpayers, must report all earnings to their respective authorities.
• Utmost Confidentiality – Unauthorized disclosure of IBC and banking particulars is a criminal offense.
• Unwavering Privacy – The identities of beneficial owners and shareholders remain confidential, absent from public records.
• Safeguarding Assets – IBC assets remain shielded from public scrutiny, exclusively under the IBC’s distinct legal identity.
• Rapid Establishment – An IBC can be constituted and officially registered within a single day.
• Singular Shareholder/Director – Sole ownership suffices, with the sole shareholder also eligible to act as the sole director for comprehensive control.
• No Minimum Capital – The requirement for a minimum authorized capital is nonexistent.
• English Language Advantage – With its over three century history as a British Colony, Antigua employs English as its official language.

 

Eligibility and Criteria for Entrepreneurs Looking to Start a Business in Antigua

Entrepreneurs, both citizens of Antigua and foreign innovators, can embark on business ventures. Specific criteria include:

• The applicant must be at least 18 years old, with no upper age limit.
• Foreign entrepreneurs need to provide a clean police clearance certificate.
• While a specific minimum investment isn’t mandated by law, you will be expected to show that you have the financial capability aligned with business activities.

 

Visa Necessities for Foreign Entrepreneurs

The Business Visa serves as the primary option, enabling entrepreneurs to establish and oversee their ventures within Antigua. The visa duration typically spans one year, requiring a well rounded application with essential documents such as a business plan, financial statements, investment proof, and more.

 

Types of Companies in Antigua

Investors can go for the following companies:

• Limited Liability Company (LLC) – LLCs extend liability protection, accommodating multiple shareholders. You go for this structure if you’re looking to conduct your business activities within Antigua.
• International Business Corporation (IBC) – Tailored for external operations, IBCs offer several tax benefits and asset protection.
• Public Limited Company (PLC) – PLCs raise capital through public shares, subject to stringent regulatory compliance.

 

The Process for Company Registration in Antigua

Steer through the process with these steps:

• Create Memorandum and Articles of Association: Outline your company’s purpose, structure, and internal regulations.
• Submit Article/Certificate of Incorporation: Formalize your legal existence upon registry approval.
• Appoint Company Director(s): Designate individuals responsible for management.
• Obtain Director’s Acceptance Letter: Confirm the willingness of appointed directors to act.
• Reserve Company Name: Secure your chosen name during incorporation.
• First Board Resolution: Make key decisions during the initial resolution.
• Register Members and Directors: Maintain a record of shareholders and directors.
• Issue Share Certificates: Document ownership for shareholders.
• Provide Registered Office Details: Supply the physical address and agent details.

 

Essential Documents for Incorporation

You need the following documents for Antigua Company Registration:

• Certificate of Incorporation (for foreign branch)
• Share Certificate Bearer
• Articles of Incorporation and Bylaws
• Name Reservation Request
• Notice of Directors
• Notice of Registered Office
• Application for International Business Charter
• Apostille of the bound set of copies of constitutive documents

 

Navigating Company Registration in Antigua With 3E Accounting

Leverage 3E Accounting’s expertise to streamline your Antigua incorporation journey. Our comprehensive support covers document preparation, legal guidance, and interaction with authorities. Focus on your business aspirations with confidence, assured by our professional services.