The Antigua and Barbuda Advantage

The advantages of doing international business in Antigua and Barbuda include:

1. Convenient time zone: Antigua and Barbuda benefits from its prime location. It is in the same time zone as New York, Toronto, Central America and parts of South America falling five hours behind the UK and Europe allowing international business to be conveniently transacted.
   
   
2. Easy accessibility: Several major international carriers providing regular and direct flights to key international centres serve Antigua and Barbuda.
   
   
3. Excellent communication facilities: High quality telecommunications facilities are widely available including telephone, facsimile, broadband Internet access and other similar services. Electronic fund transfer is easily accomplished, providing same day value, and securities can be placed and executed within 24 hours.
   
   
4. Stability and security: Antigua and Barbuda has a stable democratic government and a strong economy based primarily on tourism. The country enjoys the highest per capita income in the Eastern Caribbean.
   
   
5. First-rate professional services: The jurisdiction boasts a cadre of experienced professional service providers including offshore bankers, trust managers, corporate managers, accountants and attorneys.
   
   
6. Tax exemption: All International Business Corporations are fully exempt from direct taxes in respect of any international trading, investment or commercial activity including corporate, withholding tax and stamp duties. However, the Personal Income Tax Act, 2005 makes provisions for exemptions.
   
   
7. Confidentiality: The IBC Act provides criminal penalties for any disclosure of the business affairs of customers regarding banking and trust matters. The only exception for the disclosure of information relates to sound evidence regarding an alleged criminal offence that is prosecutable in Antigua & Barbuda (or which would have been prosecutable, if it had been committed in Antigua & Barbuda).