Introduction
Anguilla is situated in the Caribbean, east of Puerto Rico and is the most northerly of the Leeward Islands. The Islands status as an offshore centre is relatively new, however Anguilla has modern legislation and considered a well-regulated jurisdiction. It is a stable country with excellent communication networks. Anguilla has no foreign exchange controls or double tax treaties.
An IBC in Anguilla represents excellent value for money, with rapid incorporation and substantial flexibility as to company name. With the trust and company legislation recently modernised, the country can continue to provide a service and product equal to that elsewhere. An IBC is tax exempt for 50 years. Companies that are incorporated in any other jurisdiction may be continued in Anguilla as an IBC.
Incorporating requirements
Directors
Minimum of 1 directors required, of which 0 must be residents.
Corporate directors are permitted.
Director's meetings are not required
There is not a public director's register
Other notes: none
Secretaries
Minimum of 1 secretaries required, who need not be residents.
Corporate secretaries are permitted.
There is not any requirement for secretaries to hold a professional qualification
Other notes: none
Shareholders
Minimum of 1 shareholders required
Corporate shareholders are permitted.
There is not a public shares register
Bearer shares are permitted.
No par value shares are permitted.
Usually the Authorised share capital is 50000 shares of USD1 each.
Miscellaneous
Where some or all of the shareholders are nominees, the ultimate beneficial ownership of the shares does not have to be declared to the authorities.
A registered agent is required.
An annual return is required.
Incorporation Fee: US$900
(The package fee includes government fees, local secretary fees, local agency fees, registered office fees and our service fees, and have the following after incorporation: a) certificate of incorporation b) Original formation documents and minutes c) certified formation documents by CPA accountants d) two chops and a seal e) five copies of M & A
Opening Offshore Bank Account: US$350
Incorporation Time: 1-2 Weeks