Antigua Officially Abolishes Personal Income Tax

On April 10, news reported that the government of Antigua and Barbuda has officially abolished personal income tax and pledged never to impose it again. The new policy was passed by the government parliament in January 2016 and officially took effect on April 1, 2016. Citizens of Antigua will no longer be subject to personal income tax on income earned locally or in other countries and regions around the world.

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  4月10日消息,安提瓜和巴布达政府官方正式取消个人所得税,并承诺永不再征收。新的政策于2016年1月份政府议会通过,2016年4月1日起正式生效。安提瓜公民在安提瓜当地以及全球其它国家和地区收入将不再征收个人所得税。




  The abolition of personal income tax is one of the most important campaign promises of the Browne administration. This cancellation of personal income tax is a demonstration of the government fulfilling its commitment. Previously, the Antigua government imposed a tax of 15 on income exceeding 2500 US dollars, and an 8% personal income tax on income exceeding 3500. The reduction in government revenue of 37 million US dollars resulting from the abolition of personal income tax will be compensated by domestic economic growth (from 10% growth to 13%), which is expected to generate an increase of over 200 million US dollars in revenue.


  Antigua and Barbuda will become a competitive strategic location, attracting global corporate headquarters and professionals, which will create more job opportunities in Antigua. More retirees will choose to settle in Antigua for retirement; investors will be more inclined to choose us over our competitors,” stated Browne in another statement from the Antigua headquarters.


  Antigua and Barbuda, a low-tax jurisdiction known for having no capital gains tax, no inheritance tax, and no global income tax, is also suitable for establishing offshore companies. Now, the introduction of a no personal income tax policy will make it even more attractive to investors, and investment immigration to Antigua will yield even greater benefits!!

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