Anguilla Company Formation
Anguilla is the country situated in the Caribbean region, with geographical location having Puerto Rico at its east and to the extreme north side there are Leeward Islands. Despite of modern legislation and having the reputation of well regulated jurisdiction, still islands has relatively new status of an offshore centre. Anguilla is considered to be very stable country and has an excellent communication network. While we talk of tax treaties, Anguilla has no foreign exchange control.
For the incorporation services, Anguilla welcomes the investment and values money, thus Anguilla has rapid incorporation services and sufficient flexibility in this regard. This so because recently company and tax legislation has been modernised. So, if you are planning to invest in Anguilla, then you will get the services and products as equivalent in Anguilla as you find in any other part of world. Companies which are incorporated in any jurisdiction other than Anguilla may continue to operate in Anguilla as an IBC and these IBC’s will enjoy tax exemption for 50 years.
Requirements of Incorporation
There are certain incorporation requirements and as we discussed that company legislation has been modernised recently so following is the summary of what you need in order to incorporate company in Anguilla.
There is the minimum requirement of only one director and none of appointed directors need not to be the resident of Anguilla. There is neither the requirement to hold directors meeting nor to maintain and keep public director register.
Anguilla company incorporation services requires only one secretary and that secretary need not to be the resident of the Anguilla. There is no requirement for the secretary to hold any professional qualification. There is the permission to appoint corporate secretaries.
Minimum of one shareholder is required in order to incorporate company in Anguilla. There is neither the requirement to maintain and keep public shares register nor par value of shares are permitted. Authorised share capital is usually 50,000 shares with value of $1 each. There is the permission for bearer shares and the appointment of corporate shareholders.
Incorporation fees may subject to change so please see the fee schedule for updated incorporation fee structure. Generally, incorporation fee includes:
Once you get incorporated, this is what you’ll get:
It generally takes 1-2 weeks to incorporate the company in Anguilla.
Offshore Bank Account
Rules and regulations pertaining to offshore bank account is subjected to change. So for the updated rules and regulation please refer to our fee schedule.
There is the need to file annual returns of the company. A registered agent of the company is required. For where all or some shareholders are nominee shareholders then the ultimate beneficial owner of the shares does not need to be declared as authorities.