Employer of Record (EOR) in Antigua and Barbuda

Antigua and Barbuda labor regulations require businesses to pay 3.5 percent of each employee's salary to the Medical Benefits Scheme for health care services for workers under the age of 60. The proportion provided by workers over the age of 60, on the other hand, varies from time to time but is usually equal to 3.5 percent. Medical Benefits Scheme Field Officers have the authority to visit any company at any time to check compliance or examine records.

Employers must additionally contribute 8% of their monthly salary to the Social Security program. Employees make up 6% of the total.

There are no legal obligations for companies to give incentives, but firms may include them in their benefits package to attract more applicants.

An e-Visa is an electronic document that allows you to enter and travel to Antigua and Barbuda. The e-Visa is an electronic visa that works in the same way as visas issued at Antigua and Barbuda consulates or ports of entry. After entering the necessary information and making payments with a credit or debit card, applicants can obtain their visas electronically (MasterCard or Visa).

The eVisa system will allow applicants to apply for a visa online, and once the visa has been processed, a letter indicating approval or denial will be sent. Passport Control Officers will complete a verification upon arrival in Antigua and Barbuda.

However, it is recommended that you keep a soft copy (tablet PC, smart phone, etc.) or a hard copy in case your system system fails.

As with other visas, respective Immigration officials at the ports of entry reserve the right to refuse entry into Antigua and Barbuda to an e-Visa holder.

The subsidiary registration procedure normally takes around 19 days, so it's critical to plan ahead and provide sufficient time to complete all criteria. To begin creating a subsidiary, you'll need the following paperwork and resources:

1. At least EC 3000 to pay the cost of an attorney preparing your paperwork.

2. Documents of incorporation, such as directors' notices, notices of change of address, and articles of incorporation.

3. Your incorporation paperwork will be handled by an attorney or judge of the peace.

To guarantee compliance during the subsidiary setup process, adhere to the following best practices and requirements:

1. Reserve a domain name for your business. You must choose a name and verify its uniqueness with the Intellectual Property and Commerce Office (IPCO). After confirming that no other business has already claimed your business name, you may submit a form to reserve it for three months.

2. Engage the services of an attorney. Obtain an attestation of your company's fitness for business from an attorney or judge of the peace. The paperwork must attest that the proprietor of the business is above the age of 18, of sound mind, and not insolvent. While no other portion of the subsidiary setup procedure requires the involvement of a lawyer, it is usual for businesses to use lawyers to produce their other incorporation forms as well.

3. Incorporate your company. You must register with the IPCO and get a Certificate of Incorporation. Typically, the notary will take care of this need, and the accompanying expenses are included in their charge.

4. Complete an application for a Taxpayer Identification Number. For tax purposes, you must register your company with the Internal Revenue Service.

5. Become a Value Added Tax (VAT) registered business. If your yearly turnover exceeds EC 300,000, you must additionally register with the Internal Revenue Authority for Value Added Tax (VAT) and get an Antigua and Barbuda Sales Tax (ABST) identity number.

6. Enroll in medical and Social Security benefits. Registration with the Medical Benefits Scheme and Social Security is your responsibility.

7. To register for the education levy, go here. Employers are required to withhold 6% of each employee's monthly pay for submission to the Inland Revenue Department.