Sole Trader (Sole Proprietorship)Antigua & Barbuda
What it takes to form, own and run a sole trader in Antigua & Barbuda, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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By any firm or person furnishing a statement of particulars required by section which fee shall cover the issue of one certificate of registration.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 1 · at most 1 · one person may form it alone
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Sole Trader/Sole Proprietorship Partnership/Firm
- A local company secretary
- Does not apply
- A local registered agent
- Does not apply
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Sole Trader (Sole Proprietorship).
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Sole Trader (Sole Proprietorship) are in our records.
What is public
Not in our records What the register shows the public is not in our records for the Sole Trader (Sole Proprietorship).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 0–25%+2 regimes
Unincorporated Business Tax on the net income of the business: 0% to EC$42,000, 8% to EC$186,000, 25% above, per the IRD UBT FAQ question 10. Corporate income tax registration excludes physical persons.
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UBT is charged on the net income of the business
Special regimes that may apply
- International Business Corporation free zone · 100% exempt
Exempt corporations (International Business Corporations) carrying on international trade and business from within Antigua and Barbuda International Business Corporations Act, Cap. 222, s. 272 (as substituted by the International Business Corporation (Amendment) Act, No. 9 of 2001) - Free Trade and Processing Zone free zone · 100% exempt
Licensees carrying on industrial or commercial activity within a free trade and processing zone Free Trade and Processing Zone Act, No. 12 of 1994, s. 14
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Antigua & Barbuda
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- File a notice of cessation of business with the Registrar: the partners in the firm at the time of ceasing, or otherwise the individual (or, if he is dead, his personal representative) within 3 months after the business has ceased.
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the individual or if he is dead, his personal representative within 3 months after the business has ceased shall file a notice of cessation of Business.
- Statutory fee
- XCD 100
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By any firm or person sending or delivering a notice under section 15 that the firm or person has ceased to carry on business. $100.00
Every business in Antigua & Barbuda
Sales and consumption tax
- The tax
- Antigua and Barbuda Sales Tax (ABST)
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ABST is a value added tax; it is imposed on the selling price (cost price + markup) of goods and services.
- Standard rate
- 15%
Special rate of 14% for the hotel and accommodations sector; some goods are zero-rated.
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The standard rate of ABST is15%, there is a special rate of 14% for the hotel/accommodations sector, and some goods are also zero-rated.
- Other rates
- 14% Hotel and accommodations sector
- 0% Zero-rated goods and services (including exports and basic food items)
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The standard rate of ABST is15%, there is a special rate of 14% for the hotel/accommodations sector, and some goods are also zero-rated.
- Registration threshold
- XCD 300,000
taxable supplies; also registration where the first four months exceed EC$100,000 and the next eight are expected to bring the year over EC$300,000, and always for listed professionals; annual
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a) A person in Antigua and Barbuda that has an annual turn-over of EC $300,000 or more in taxable supplies.
- A foreign company
- Not in our records
- Returns filed
- Monthly
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All businesses registered for ABST are expected to file monthly.
- Tax authority
- Registration page read 2026-10-25
Payment and banking services
None of the services whose lists we hold names Antigua & Barbuda. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Sole traderDerived our grouping, the same words in every country
- Name in law
- Sole Trader (Sole Proprietorship)
- Identifier
- AG-SOLE-TRADERA form ISO 20275 does not list.