ANGUILLA

Anguilla Offshore Company Incorporation Overview

(Prices below do not include Nominee Director. Please refer to our Nominee Service Price List for fees.)

Prices in USD
Incorporation*USD 1,595
Bank AccountUSD 800
*includes first year Company Secretary

Anguilla, which was formally separated from St. Kitts and Nevis in 1981, is a dependent British overseas territory that enjoys a high degree of political and economic stability with a well-regulated financial services industry.

It is truly a neutral tax jurisdiction (unlike many offshore financial services centres). There are no income, capital gains, estate, profit or other forms of direct taxation on either individuals or corporations, whether resident in Anguilla or not. So in this context Anguilla, although regarded by some as a tax haven, has an advantage over many offshore centres in that it does not have ‘designer’ taxation targeting offshore or non-resident business.

The Anguilla Offshore Company is based on the traditional IBC model. Chinese names are permitted and can be included on a company’s Certificate of Incorporation. Companies incorporated in any other jurisdiction may be continued in Anguilla as an Anguilla Offshore Company. An Anguilla Offshore Company can, where the laws of another jurisdiction permit, redomicile to such jurisdiction.

One of the more commended features about Anguilla’s company registration system is Anguilla Commercial On-line Registration Network (ACORN), which went live in 1998. It is able to facilitate the incorporation of companies such as International Business Companies (IBCs) and Limited Liability Companies (LLCs) 24 hours a day, 365 days a year, from anywhere in the world via the internet through licenced company managers and trust companies together with approved overseas agent.

General
Type of EntityIBC
Type of lawCommon
Shelf Company AvailabilityYes
Minimum Government Fees (Excluding Taxation)USD 395
Corporate TaxationNone on Foreign Profits
Double Taxation Treaty AccessNo
Share Capital or Equivalent
Standard CurrencyUS$
Permitted CurrenciesAny
Usual AuthorizedUSD 1,000,000
Minimum Paid-up CapitalUSD 1.00
Directors or Managers
Minimum NumberOne
Local RequiredNo
Public Access to RecordsNo
Location of MeetingsAnywhere
Members
Minimum NumberOne
Public Access to RecordsNo
Location of MeetingsAnywhere
Company Secretary RequiredOptional
Local or QualifiedNot Required
Accounts
Requirement to PrepareNo
Audit RequirementsNo
Requirement to File accountsNo
Public Access to AccountsNo
Other
Requirement to File Annual ReturnNo
Change of Domicile PermittedYes
General Information

Anguilla, the most northerly of the Caribbean Leeward Islands, has a landmass of 90 sq km. The British established control of Anguilla in the late 1600 ‘s, prevailing in numerous skirmishes with other European powers throughout the colonial period, so that today Anguilla is a British Dependent Territory.

Infrastructure & Economy

Anguilla is located approximately one and a half hours south east of Miami, Florida, or four and a half hours south east of New York City. There are flight connections to Anguilla from those and other United States cities, as well as from Europe and Latin America, through Puerto Rico, St. Maarten, Antigua, and Curacao. Communications facilities on Anguilla are exceptional, and expanding. International direct dialing, cellular connections, fax, modem, Internet, and dedicated e-mail service lines are all available.

General Information
LanguageEnglish
CurrencyEastern Caribbean Dollar.
Exchange ControlNone. U.S. dollar is freely accepted throughout the country.
Type of LawAnguilla 's legal system is based upon English Common Law, with local modifications. The judiciary in Anguilla is independent of the Executive and Legislative branches, and is fully independent of political influence. Anguilla has, since 1992 (and specifically in 1994), introduced and adopted numerous pieces of modern financial service legislation. These laws were drafted with the involvement of all elected legislators, with the advice of the private sector practitioners, and the consent of British Government representatives.
Principal Corporate LegislationThe Anguilla International Business Companies Ordinance 1994.
Company Information
Type of Company for International Trade and InvestmentThe Anguilla International Business Company.
Restrictions on TradingAn Anguilla IBC is restricted from conducting business with persons resident on Anguilla, conducting banking or trust business, conducting insurance or reinsurance business, or conducting the business of providing company management services. On Anguilla, an IBC may maintain bank accounts, retain professional advisors carrying on business within Anguilla, maintain corporate records, hold meetings and lease office space.
Powers of CompanyAn Anguilla International Business Company has the full capacity of, and all rights, powers, and privileges of, a natural person.
vLanguage of Legislation and Corporate DocumentsAnguilla the legislation and language of corporate documents is English.
Shelf Companies AvailableYes.
Language of NameLatin or other alphabet.
Registered Office RequiredYes, must be maintained in Anguilla at the address of a licensed management company or law firm.
Name RestrictionsAny name that has already been incorporated or a name that is so similar as to cause confusion. Restricted names are ones that suggest the patronage of the Royal Family, the UK Government, a political party, a university, a professional association, or names that the registrar may consider to be misleading or objectionable.
Suffixes to Denote Limited LiabilityThe name of an IBC must end in one of the following: Ltd, Corp, Inc., SA, NV or GmbH.
Disclosure of Beneficial Ownership to AuthoritiesNo.
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