Cabinet Orders End to All Tax Concessions Effective November 30
The government of Antigua and Barbuda has announced that all existing tax concessions granted to businesses and entities will cease to exist effective November 30, as part of a sweeping fiscal reform designed to improve transparency, ensure policy alignment, and promote fair competition.
Under the new directive, all businesses and ongoing projects will be required to reapply for concessions starting December 1, 2025. The Cabinet says the review will ensure that future incentives align with the country’s sustainable development and investment priorities.
Director General of Communications Maurice Merchant explained during the post-Cabinet briefing that the measure will allow government to reassess which sectors truly require support. He said the initiative is intended to “promote fair competition” and strengthen accountability in the allocation of tax benefits.
Merchant noted that broad-based concessions in the past were sometimes used by businesses for projects beyond those originally approved. “While granted for one particular project, because they were so broad-based, businesses were able to utilize these same concessions for other projects without coming back to the Cabinet of Antigua and Barbuda,” he said.
He added that the reform will also allow the government to align incentives with long-term goals, including green energy investment, tourism diversification, and the development of health and education sectors.
The decision is expected to impact companies across multiple industries—especially in tourism, manufacturing, and renewable energy—that have relied on duty-free or tax-exempt status for imports and operations.
Officials say the move will not necessarily end support for qualified projects, but that the reapplication process will “right-size” incentives to ensure fairness and compliance with updated national policies.
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About time; these scamps are thiefing Antigua people blind.
Sweet sounding nothing and a public relations stunt. Once all this brouhaha dies down it is back to the normal run of the mill.
This is going to require parliamentary approval if the concession is granted by law.
Totally agree with you Audley Phillip this is just to calm the storm, then back to business as usual
It might be sweet sounding and a public relations stunt Audley, but I agree….cut them all off and let’s start again because some of them are using outdated agreements that are not even covered in the original agreement.