Valsen Corporate

Antigua and Barbuda Restricted International Trust Licence

A Restricted international trust licence permits carrying on of international trust business without restrictions. A licensed institution holding a Class I Restricted International Trust Licence shall maintain a minimum capital as may be determined by the Commission from time to time, but not being less than two hundred and fifty thousand United States dollars in paid up capital.
Antigua and Barbuda Restricted International Trust Key Features

  1. A licensed corporation must have its own separate office large enough to comfortably accommodate a staff of at least two (2) persons, computer equipment and facilities to accommodate clients.
  2. Licensed corporations must have at least one (1) full-time employee.
  3. Physical records are to be remitted at the latest on a monthly basis to Antigua and Barbuda and stored in a manner that can be easily reproduced.
  4. A trust corporation is subject to an annual on-site examination to ascertain, among other things, compliance with the relevant laws, regulations and international standards;

Antigua and Barbuda Restricted International Trust Legal Requirements

Antigua and Barbuda International Trust

Corporate Details

Restricted
  • Type of Entity

International Trust
  • Registered Office in Antigua and Barbuda

Yes

Share capital or equivalent
  • Standard currency

USD
  • Permitted currencies

Any
  • Minimum paid up

None

Directors
  • Minimum number

One
  • Corporate directorship allowed

Yes

Shareholders
  • Minimum number

One
  • Corporate shareholder allowed

Yes

Accounts
  • Requirements to prepare

Yes
  • Audit requirements

No
  • Requirements to file accounts

No

Antigua and Barbuda Restricted International Trust Tax Treatment
Tax exemptions for an international trust are granted for up to twenty (20) years
Antigua and Barbuda Restricted International Trust Duration to Set up
2 Weeks
Antigua and Barbuda Restricted International Trust Distinctive Benefits

  • Tax exemptions for an international trust are granted for up to twenty (20) years in Antigua and Barbuda
  • The trustee may be vested with control over the assets by being empowered to deal with them.
  • A trust will be valid and enforceable where there is a definite beneficiary or where there is no definite beneficiary but there is some purpose to the trust.

The Valsen Advantage

  1. End to end comprehensive service
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  4. Dedicated ongoing compliance support
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