1. Stable policy and economy;
2. Stable exchange rate —— 1 US Dollar (US$) to 2.70 Eastern Caribbean Dollars (EC$);
3. A national literacy rate of 90%, with a large pool of highly educated English-speaking talent;
4. No restrictions on the repatriation of investment profits;
5. Qualifying enterprises enjoy corporate tax exemptions;
6. A well-regulated and diverse international financial sector;
7. Advanced telecommunications infrastructure;
8. International and domestic banking networks providing commercial and personal banking services to investors;
9. Various tax incentives, including exemptions or reductions in customs duties, property tax, income tax, land transfer tax, and withholding tax;
10. World-class professional service teams, including: lawyers, accountants, international bankers, and trust and corporate administrators;
11. Preferential trade arrangements signed with the United States, Canada, the European Union, and CARICOM;
12. Located in the heart of the Caribbean, with convenient sea and air transport routes to Europe, the Americas, and other Caribbean nations, serving as a shipping hub for the Eastern Caribbean;
Tourism and financial services are the primary sectors encouraged for investment by the government of Antigua and Barbuda. These include: healthcare services, business support services, education, and logistics services.
Investment Incentive Measures
The following investment incentives may vary in implementation based on the scale of investment and the number of employees:
1. Investors enjoy customs duty exemptions when importing or purchasing raw materials, construction materials, furniture, interior decor materials, electrical appliances, and machinery required for the construction or operation of factory facilities;
2. Investors enjoy customs duty exemptions when importing or purchasing vehicles required for operations;
3. Preferential property tax rates for land, factory buildings, or office space occupied for operations;
4. Income tax exemptions or reductions in accordance with the Income Tax Act;
5. Preferential stamp duty rates when purchasing, transferring, selling, or assigning land;
6. Preferential non-resident land holding stamp duty in accordance with the Non-Resident Land Holding Regulation Act;
7. Withholding tax exemptions or reductions on dividends and other income for investors in accordance with the Income Tax Act;
Enterprises applying for the above incentive measures must provide:
1. Valid proof of identity, such as a passport or driver's license;
2. Investment plan and reliable proof of financial capability;
3. A detailed list (including prices) of raw materials for which customs duty exemption is requested;
4. Environmental impact report (if applicable);
5. Project plan approved by the Development Control Authority (DCA) (if applicable);
6. Articles of Incorporation;
7. Internal company regulations;
8. Audited annual reports for the past 3-5 years (for existing companies);
9. Company tax registration certificate;
10. Resumes of company executives.