Antigua and Barbuda has positioned itself as an attractive destination for foreign investors, boasting a business registration process that can be completed in as little as three weeks. However, a recent U.S. government report highlights persistent legal complexities and procedural hurdles that continue to challenge foreign companies seeking to enter the market. The 2025 Investment Climate Statement, released by the U.S. Department of State in September, underscores the need for filings with multiple agencies, including the Intellectual Property and Commercial Office, Inland Revenue Department, Social Security Scheme, Medical Benefits Scheme, and the Board of Education. Most investors rely on local attorneys to navigate these requirements, adding to the complexity and cost of establishing a business. The Antigua and Barbuda Investment Authority (ABIA) plays a pivotal role in facilitating foreign investment by guiding investors through incentives and concessions. Additionally, the country’s participation in the World Trade Organization’s Joint Initiative on Investment Facilitation for Development has spurred reforms aimed at enhancing transparency and streamlining processes. Despite these efforts, the report notes that many policies affecting investors are developed without public consultation, and some legislation lacks broad stakeholder input. While accounting and regulatory procedures generally align with international standards, critics argue that a more robust consultative process is essential to bolster investor confidence. The government emphasizes that there are no restrictions on foreign ownership and that the legal system, rooted in British common law, safeguards property rights and commercial enforcement. Nevertheless, the report concludes that while the overall investment climate is improving, legal and procedural hurdles remain significant barriers for investors.
US Report: Antigua Easy to Start Business, But Legal Hurdles Persist
