Eternity Law International — News — Offshore company in Antigua

Offshore company in Antigua

Published:
December 7, 2020
Registration cost2 165.00 USD
Company renewal costUSD 1,585.00
Directors number1
Corporate tax0.00%
Registered share capital0.00
Mandatory reporting requirementsNo

Antigua is a small island state located in the Lesser Antilles. This charming and exotic country is becoming increasingly popular for offshore company registration. The island state’s tax and accounting policies allow business owners to run business comfortably and without overpayments.

Antigua Offshore Companies Pros

Antigua is still gaining popularity among businessmen in need of offshore companies. This state has a number of advantages guaranteed by legislation, in particular the following:

  • legal protection of property. All assets that are owned by an offshore company registered in Antigua are protected by jurisdiction. Thus, no encumbrances can be imposed on them;
  • a huge list of benefits that allow you to save money in terms of taxes;
  • complete anonymity. Personal information about the beneficiaries and management team of legal entities is not provided openly.

In addition, legal entities under the jurisdiction of Antigua are not required to report to regulatory authorities. The company owner can keep documents anywhere. There is also no need to hold an annual meeting of shareholders; you can choose the time of the meeting as you wish.

Taxation of Antigua

Legal entities registered in Antigua receive a 50 year tax exemption. There is also a list of payments specific to other countries that are not required to be paid in Antigua. In this offshore zone, you do not need to pay personal income tax, taxes on the transfer of property as a gift and on inheritance. The withholding tax is also not paid.

Preferential taxation is available only for companies operating abroad. Thus, it is much more profitable for companies based under this offshore to make a profit outside the islands than on their territory. Legal entities registered in Antigua do not need to pay stamp duty. However, an annual fee will be required. It is $ 300 on the territory of the island state.

If you need to register an offshore company in Antigua, our specialists will help you to register a company in Antigua quickly and efficiently. Moreover, you can buy a ready-made company in Antigua. Write to us in the CRM form and we will help you.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

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