Anguilla

Anguilla Limited Liability Company (LLC) 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 International Business Company (IBC) and the The Limited Liability Company.

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
  • An LLC in Anguilla is a separate legal entity
  • Flexible Management Structure
  • Ownership by a sole member is permitted
  • Option of both ownership and management by Members
  • Tax on Revenue from the LLS is passed on to its Members as Income Tax
  • English Common Law System
  • There are no auditing or financial reporting requirements
  • International Business
  • Asset Protection
  • Sole Proprietorship
  • Estate Planning
  • Flexible Tax Structuring

An Anguilla LLC 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.

To incorporate an LLC in Anguilla, proposed Members (Individuals or Companies) must file the Articles of Association, along with the Incorporation Documents to the Anguillan Register, through a licenced Anguillan Agent Company, who shall act as the registered agent. The LLC is required to present an Operating Agreement, outlining the roles and responsibilities of the Members.

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 TypeLLC
Country LawEnglish Common Law
Company Law

Limited Liability Company Act 2000

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 - Passed on as Income for Members
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.

Members
Minimum RequiredOne
Local or Qualified MemebersNo
Board Meetings LocationNot Required, Anywhere in the world
Corporate Members PermittedYes
Privacy- Publicly Available RecordsNo

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

Managers
Minimum Required ManagersNone - Can be Managed through Members or multiple Managers
Local Manager RequiredNo
Records PublicNo
Board Meeting LocationNot Required, Anywhere in the World
Corporate Managers PermittedYes
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

An Anguilla LLC is not subject to taxation, unless otherwise stated by the Members, to be taxed as a corporation. Members of an LLC are taxed proportionally on earning, through their country of residence. If the Members of the Anguilla LLC are non-resident and the LLC does not engage in local business, they are exempt from all Anguillan Taxes.

All Anguilla LLC’s as per the above, 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 Limited Liability Company (LLC) Formation Enquiry

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