Corporate Management and Trust Service
Corporate Management and Trust Service
- An attorney-at-law, licensed to practice in the State of Antigua and Barbuda;
- A corporation form, registered or continued under the Companies Act of Antigua and Barbuda, including external companies under that Act; or
- An International Business Corporation (IBC).
A licence is obtained by submitting to the Commission, an application in the prescribed form along with the appropriate application fee. Upon receipt of the completed application and fee, the Commission will conduct a fit and proper assessment to determine the applicant’s suitability in accordance with the Act. A license granted under the Act authorizes the provision of the following services, under the respective classes of licence and is valid for a period not exceeding twelve (12) months from the date on which it takes effect unless sooner revoked or otherwise ceases to have effect.
Class A Licence:
- Entity incorporation, registration or organization;
- Preparing and filing statutory documents on behalf of the entity;
- Acting as registered agent for an entity;
- Providing registered offices in Antigua and Barbuda for an entity; and
- Other administrative, secretarial or clerical services for entities which do not include signatory authority or other control over accounts or assets of an entity.
Class B Licence:
- Services permitted under Class A Licence, and which include a signatory authority or other control over accounts or assets of an entity;
- Acting as director, manager, shareholder, member or officer of entities; and
- Acting as protector for a trust or foundation.
Class C Licence:
- Services permitted under Classes A and B which include signatory authority or other control over accounts or assets of an entity;
- The provision of financial or asset management services not otherwise regulated by the Commission or another Authority; and
- Acting as a trustee of a trust or member of a foundation council.
Class E Licence:
- Services permitted under two (2) or more classes of licence.
