Anguilla

Anguilla International Business Company (IBC) Formation

Anguilla is an island which lies in the Caribbean, it enjoys political and economic stability together with a well-regulated offshore industry.

Anguilla has affirmed its position as a popular offshore company location and a tax neutral jurisdiction. Anguilla offers three offshore company formation options, The Ordinary Company – Anguilla Business Company (ABC), The Limited Liability Company and The International Business Company (IBC), with the IBC being the most popular.

Anguilla also has its own Financial Services Commission which commenced operations on 2nd February 2004. With a series of modernized international financial regulatory acts Anguilla is ensuring their position as a progressive offshore financial market.

All companies must be incorporated through a local agent, these agents are licensed under the new Company Management Ordinance and regulated by the Inspector of Company Managers.

  • A very fast and efficient online registration process through ACORN (Anguilla’s Commercial Online Registration Network)
  • Tax neutral for non-residents and residents alike
  • Zero Tax
  • English Common Law System
  • Low yearly fees
  • Undisclosed Director and Shareholder information (Not made public)
  • The Registers Office does not require Director and Shareholder names to be filed with them.
  • Nominee services are available
  • A single company owner can be the only Director and Shareholder
  • There are no financial reporting requirements
  • Corporate structure flexibility
  • IBC’s may use a name in any language
  • No requirements to hold annual general meetings
  • E-Commerce Companies
  • Financial Management Companies
  • Offshore Savings and Investments
  • Holding Companies
  • Asset Protection
  • International Trading Companies

An Anguilla IBC is restricted from conducting business with residents of Anguilla or own real estate in Anguilla. There is also a restriction on conducting business in banking, trusts, insurance or to provide company management services without the appropriate license being granted.

The Anguilla’s Commercial Online Registration Network (ACORN) system is used to register and incorporate companies. An approved agent needs to be used for this.

A few of the requirements are the Name of the company to be incorporated, a physical address, certified copies of valid passports or national ID cards, such as those issued in the European Union. These need to be certified by either a Notary Public, Bank or by the issuing country’s Embassy. A Character reference may also be required.

Overview
Company TypeIBC
Country LawEnglish Common Law
Company Law

Trust Companies & Offshore Banking Act 2000

Limited Partnership Act 2000

Limited Liability Company Act 2000

Companies Act 2000

International Business Companies Act 2000

Registered Office RequiredYes
Local Registered Agent RequiredYes
Shelf Companies PermittedYes
Migration Of DomicileYes
Average Time To Form Company1 to 2 Business Working Days
Government Fees
Minimum Government Formation Charge$250 USD
Recurring Minimum Annual Company License Fee$200 USD
Annual Return Filing FeeNot Applicable
Corporate Tax
Corporation TaxNo
Access to Double Taxation TreatiesNone

All Anguilla International Business Companies are exempt from taxes such as Corporation, Inheritance, Capital Gains and Estate Tax, to name a few.

Directors
Minimum Required Directors1
Local Director RequiredNo
Records PublicNo
Board Meeting LocationNot Required, Anywhere in the World
Corporate Directors PermittedYes
Privacy - Publicly Available RecordsNo

There is a minimum requirement of one Director, of which may be the only shareholder. Directors can be either individuals or corporate bodies of any nationality and resident of any country.

Company Secretary
Secretary RequiredNo
Local or Qualified PositionNo
Share Capital
Standard Currency

Eastern Caribbean Dollar is the official currency

US Dollar is also commonly used

Permitted Share CurrencyAny
Minimum Paid Up Shares$1 USD
Usual Authorised$50,000 USD
Bearer Shares PermittedYes
No Par Value Shares PermittedYes
Shareholders
Minimum Number Of Shareholders1 Shareholder
Corporate Shareholdes PermittedYes
Meeting LocationsCan be held anywhere in the world
Privacy - Publicly Available RecordsNo
Company Accounts
Requirements To PrepareYes
Audit RequiredNo
Keep Financial RecordsYes
Requirement To File AccountsNo
Requirement to File Annual ReturnNo
Accounts Publicly AccessibleNo

All Anguilla International Business Companies are exempt from taxes such as Corporation, Inheritance, Capital Gains and Estate Tax, to name a few.

Anguilla Facts
Location

British overseas territory

Located in the British West Indies,

it is the northern-most of the Leeward Islands in the Lesser Antilles

SizeApproximate area of 91 sq. km
PopulationApproximately 13,452
Languages SpokenMain and Official Language is English
CurrencyEast Caribbean dollar (XCD), however the US Dollar use is widespread
Politics

Parliamentary dependency under a constitutional monarchy.

Internally self-governing overseas territory of the United Kingdom

Economy

Main Industries:

Tourism

Offshore Incorporation and management

Offshore Banking

Captive Insurance

Fishing

Transport

Air

Road - Driving on the Left

Boat

Time Zone

UCT GMT -4

Anguilla does not utilize Daylight Saving Time

International Dialling Code+1-264
Internet TLD.ai

Contact us today to enquire about the Cost of Formation or if you have further questions regarding the application process.

Anguilla International Business Company (IBC) Formation Enquiry

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