AGRI-Invest Country Profiles
Agri Investment Forum & Expo, 2022
ANTIGUA AND BARBUDA
Incentives/Concessions for the Agricultural Sector:
Under the provisions of the Antigua and Barbuda Investment Authority Act 2006 (Amended 2019), Antigua and Barbuda offer a number of incentives. These are based on the size of the capital investment and the number of employees that will be employed as a result of the project. • •
Eligible investments can receive: exemption from or reduction of payment of duty on the importation or purchase of raw materials, building materials, furniture, furnishings, fixtures, fittings, appliances, tools, spare parts, plant machinery, and equipment for use in the construction and operation of the business; exemption from or reduction of payment of duty on the importation or purchase of vehicles for use in the operation of the business; exemption from or reduction of payment of
income tax on the income of the business, for a period of up to 2 years from the grant of the concessions with an ability in respect of that period to carry forward losses for periods of 1 year for each tax year;
•
For further information, please visit our website: www.investantiguabarbuda.org
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