Antigua and Barbuda
AI Agent Legal Status: undefined · Autonomy: low
Legal Framework
Antigua and Barbuda has shown interest in digital assets and blockchain. The government passed the Virtual Asset Business Act in 2020 to regulate crypto businesses. The FSRC (Financial Services Regulatory Commission) oversees the sector. English common law system.
Key Laws & Regulations
- ◆Virtual Asset Business Act 2020
- ◆International Business Corporations Act
- ◆Electronic Transactions Act
Business Formation
IBCs and standard companies available. FSRC licensing for virtual asset businesses. English common law system. Small but functional corporate services sector.
Tax Implications
No personal income tax. No capital gains tax. Corporate tax at 25% for domestic companies. IBCs exempt from most taxes. Citizenship by Investment program available.
Opportunities
Virtual Asset Business Act licensing pathway. Tax-friendly environment. CBI program attracting investment. ECCU membership providing monetary stability.
Highlights
Virtual Asset Business Act providing crypto regulatory framework. No personal income or capital gains tax. CBI program. English-speaking with common law.
Risks & Challenges
Very small market (100K population). Limited infrastructure. Vulnerability to hurricanes. Regulatory capacity constraints. International watchlist scrutiny.