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Antigua and Barbuda

The ISO code of Antigua and Barbuda is AG according to the ISO 3166 standard. The local name of the country is the same as its English name. Antigua and Barbuda capital city is Sain John's. People in Antigua and Barbuda speak the English language. On 1 November 1981, Antigua and Barbuda emerged as a sovereign political entity. In the year 11/01/1981, Antigua and Barbuda emerged as a sovereign political entity. The largest cities in Antigua and Barbuda are Sain John's, Waikikies, Bolands, English Harbour town.

Antigua and Barbuda is located in the UTC -04:00 time zone, which is also called Atlantic Standard Time or AST. The internet country code top-level domain (ccTLD) for Antigua and Barbuda is .ag. The International dialing code for Antigua and Barbuda is 1268. People in Antigua and Barbuda drive on the left side of the road. Total land area of Antigua and Barbuda is 443 km² (approx. 171 mi²). Antigua and Barbuda is not a landlocked country. It means that is is bordered by at least one major body of water.

A view in Antigua and Barbuda

Antigua and Barbuda is located in North America. Antigua and Barbuda is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Currently Antigua and Barbuda faces various issues, including water management, deforestation.

Doing business in Antigua and Barbuda

We offer various corporate services in Antigua and Barbuda jurisdiction. These services can serve both, people coming from Antigua and Barbuda and foreigners. If you plan on doing business in Antigua and Barbuda you might be interested in contacting us.

To find out about starting your business in Antigua and Barbuda click on company formation in Antigua and Barbuda.

To find out how to open a bank account in Antigua and Barbuda and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Antigua and Barbuda.

Choose preferred service below or continue reading to find out more about Antigua and Barbuda.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Antigua and Barbuda

The total population of Antigua and Barbuda is 103,050 people. In Antigua and Barbuda, the population density is 186 people per square kilometer (484 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Antigua and Barbuda is 0.1643. Antigua and Barbuda has approximately 28083 foreign immigrants. The median age is approximately 31.1 years. In Antigua and Barbuda, 83.79 in every 100 people use internet. Antigua and Barbuda has a Human Development Index (HDI) of 0.774.

The majority religion of Antigua and Barbuda is Christianity, Antigua and Barbuda is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Antigua and Barbuda.

Culture of Antigua and Barbuda

People in Antigua and Barbuda speak the English language. According to data on inbound tourists in Antigua and Barbuda, 244,000 tourists arrive in the country each year. One of the most popular national dishes of Antigua and Barbuda is pepperpot. To read more click on culture of Antigua and Barbuda.

Geography of Antigua and Barbuda

Antigua and Barbuda is considered to be a large nation because of its total area. Its total land area is 443 km² (approx. 171 mi²). Antigua and Barbuda is located in North America. Its capital city is Sain John's. Antigua and Barbuda has no land borders.

The highest point of Antigua and Barbuda is Mount Obama, with its official height being 402 m (1,319 ft). Including land mass and EEZ, the total area of Antigua and Barbuda is approximately 110,532 km² (~42,676 mi²). As for natural resources, Antigua and Barbuda is known for its pleasant climate.To read more click on geography of Antigua and Barbuda.

Economy of Antigua and Barbuda

The currency of the country is eastern caribbean dollar. The symbol used for this currency is $, and it is abbreviated as XCD. 14.1% of population in the country are unemployed. The total number of unemployed people in Antigua and Barbuda is 14,530. Each year, Antigua and Barbuda exports around $0.05 billion and imports roughly $0.34 billion. The Gini Index of the country is 48. Antigua and Barbuda has a Human Development Index (HDI) of 0.774.Antigua and Barbuda has a government debt of 48.6% of the country's Gross Domestic Product (GDP), as assessed in 2010. Antigua and Barbuda is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, construction, light manufacturing (clothing, alcohol, household appliances).

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Antigua and Barbuda is $1,579 billion. The corporate tax in Antigua and Barbuda is set at 25%. Personal income tax ranges from 0% to 25%, depending on your specific situation and income level. VAT in Antigua and Barbuda is 15%. In 2013, Antigua and Barbuda received 2.3 million USD in foreign aid.In 2014, the foreign aid amounted to 15.3 USD.To read more click on economy of Antigua and Barbuda.

Infrastructure of Antigua and Barbuda

In Antigua and Barbuda, 90.9% of the population has access to electricity. There are 11,532 internet hosts in Antigua and Barbuda. Antigua and Barbuda has 3 airports nationwide.

The number of road motor vehicles per 1000 inhabitants in Antigua and Barbuda is 124. To read more click on infrastructure of Antigua and Barbuda.

Politics of Antigua and Barbuda

Antigua and Barbuda, is a parlamentary democracy. With regard to political and civil freedoms, Antigua and Barbuda is 1. Citizens in Antigua and Barbuda experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Elizabeth II.

According to the World Bank Group, the government effectiveness index of Antigua and Barbuda is -0.09. This indicates that the government of Antigua and Barbuda is mediocre. While some public and civil services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully evaluate the governmental situation in Antigua and Barbuda before considering any business maneuvers.In Antigua and Barbuda, the legislative power is vested in a Parliament. The strength of legal rights index for Antigua and Barbuda is 5. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. In 2013, Antigua and Barbuda received 2.3 million USD in foreign aid. In 2014, the foreign aid amounted to 15.3 USD. Antigua and Barbuda is a member of the United Nations (UN). On 11 November 1981, it joined the UN as a full member state. Antigua and Barbuda is a member of the World Bank. To read more click on politics of Antigua and Barbuda.

Environment of Antigua and Barbuda

Antigua and Barbuda emits 5.8 metric tons per capita of CO2. 90 km² of Antigua and Barbuda's territory is covered in forests. and forest land comprises 20% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Antigua and Barbuda is 124. To read more click on environment of Antigua and Barbuda.

Company formation in Antigua and Barbuda

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Antigua and Barbuda.

When establishing a company in Antigua and Barbuda, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Antigua and Barbuda that will affect the establishment and growth of one's business. Contact us or click on company formation in Antigua and Barbuda to read additional information when setting up a business.

Bank account opening in Antigua and Barbuda

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Antigua and Barbuda. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Antigua and Barbuda, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Antigua and Barbuda or contact us.