Antigua and Barbuda

Ease of Doing Business in

Antigua and Barbuda

This page summarizes Doing Business 2013 data for Antigua and Barbuda. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Latin America & Caribbean
Income Category Upper middle income
Population 89,612
GNI Per Capita (US$) 12,060
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
63 59 down -4

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
61.3 61.8 down -0.5
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 85 81 up -4
Dealing with Construction Permits 24 20 up -4
Getting Electricity 18 17 up -1
Registering Property 125 125 No change
Getting Credit 104 97 up -7
Protecting Investors 32 29 up -3
Paying Taxes 142 134 up -8
Trading Across Borders 110 85 up -25
Enforcing Contracts 72 69 up -3
Resolving Insolvency 85 85 No change

Economy Profile

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Paying Taxes

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This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.

DB 2013 Rank 142 DB 2012 Rank 134 Change in Rank down-8
DB 2013 DTF** (% points) 53.3 DB 2012 DTF** (% points) 53.3 Improvement in DTF** (% points) 0.0
Indicator Antigua and Barbuda Latin America & Caribbean OECD

The total number of tax payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment and the number of agencies involved for a standardized case during the second year of operation.

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Payments (number per year)
57 30 12

The time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year).

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Time (hours per year)
207 367 176

The amount of taxes on profits paid by the business as a percentage of commercial profits.

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Profit tax (%)
26.0 21.5 15.2

The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.

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Labor tax and contributions (%)
9.5 14.4 23.8

The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.

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Other taxes (%)
6.0 11.3 3.7

The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

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Total tax rate (% profit)
41.5 47.2 42.7
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 13 23 25% taxable profit 26
Social security contributions 12 136 5% gross salaries 5.5
Stamp duty on property transfer 1 8% sale price 4.5
Medical tax 12 4% gross salaries 3.9
Fuel tax 1 included in the price of fuel 0.7
Property tax - building 1 1% assessed market value 0.5
Property tax - land 1 0% assessed market value 0.2
Vehicle license 1 XCD 1500 fixed fee depending on type of vehicle 0.1
Tax on check transactions 1 0.2 cents per check 0
Antigua and Barbuda Sales Tax (VAT) 12 48 15% value added 0 not included
Stamp duty on contracts 1 various rates 0 small amount
Filing fee 1 XCD 200 fixed fee 0
Totals: 57 207 41.5

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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