
COMPANY FORMATION
ESTABLISH YOUR OWN IBC AT ANTIGUA
An Antigua International Business Corporation (IBC) is a tax exempt company requiring only one shareholder and one director who can be the same natural person or legal entity from any country.
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The Antigua International Business Corporation Act of 1982 governs an IBC. This law allows for fast registration, 100% exemption from all taxation, and complete control by foreigners.
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Background
Antigua and Barbuda (hereinafter Antigua) is a small islands chain located in the Eastern Caribbean. Its main industry is tourism with financial services as one of its secondary industries.
Antigua was a British Colony from 1632 until 1981 when it was granted independence.
Its political system is a unitary parliamentary representative democratic monarchy. It has a democratically elected two house parliament and a prime minister. Its monarch is Queen Elizabeth II of England.
The judicial system is based on English Common Law. English is its official language.
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IBC Benefits
An Antigua International Business Corporation (IBC) enjoys these benefits:
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Entirely Foreign Shareholders: All of the shareholders can be foreigners.
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Tax Free: IBC’s pay no taxes of any kind. However, U.S. taxpayers and everyone subject to global income taxation must report all income to their governments.
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Confidentiality: It is a crime for anyone to disclose any information regarding an IBC or banking details to unauthorized persons.
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Privacy: The names of beneficial owners and shareholders are never included in any public records.
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Asset Protection: The IBC’s assets are never disclosed in public records and are owned by the IBC as a separate legal body from the shareholders.
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Fast Formation: An IBC can be formed and registered within one day.
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One Shareholder/One Director: Only one shareholder is required who may be the sole director for total control of the IBC.
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No Minimum Capital: There is no minimum authorized capital requirement.
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English: After nearly 350 years as a British Colony, Antigua’s official language is English.
Brooklands Trust is ready to establish your IBC at Antigua.