About Anguilla
Anguilla is a British territory situated in the far north of the Leeward Islands in the Lesser Antilles, sitting east of the Virgin Islands and north of Saint Martin. The total area of the territory is 35 square miles, or 90 km2 with an approximate population size of 13,500.
Anguilla has become a popular tax haven, having no capital gains, estate, profit or other types of taxation on either individuals or corporations that generate income offshore. All offshore entities which have been incorporated in Anguilla are also exempt from paying any stamp duty.
Anguilla’s financial laws strictly protect the privacy of offshore bank accounts and business entities. Because of the Offshore Banking Act of 2005, no bank employee or agent may disclose any financial information without the express consent of the account holder.
As it is regulated by the English Common Law system, Anguilla’s offshore laws allow for minimal local reporting requirements. Anguilla’s regulations have been designed to attract international investors, providing offshore companies the freedom to move and conduct business free from complicated paperwork and auditing practices, adding another layer of confidentiality and privacy to an already outstanding offshore environment.
Benefits of Setting Up an Offshore Company in Anguilla
- A true tax neutral jurisdiction for residents and non-residents alike
- Restrictions against alienation provisions
- English Common Law system
- Modern, progressive and extensive offshore legislation
- Low yearly fees
- Confidentiality ensured
- Directors and shareholder names are not filed with the Registers office
- Nominee services are available for an added layer of privacy protection
- A single owner can be both the sole director and shareholder of an IC
- Quick and easy company formation processes
- Online registration
- Zero taxes
- Supportive local government
- No local, financial auditing or reporting requirements
- English is the common and official language
- Geographic proximity to the Americas
- Re-domicile provisions are within the legislation
- Flexibility in corporate structure and management
Key Corporate Features
General | |
Type of Company | IBC |
Type of Law | Common |
Shelf company availability | Yes |
Time to establish a new company | 1 hour |
Minimum government fees (excluding taxation) | US$200 |
Corporate Taxation | Nil |
Double Taxation Treaty Access | No |
Share capital or equivalent | |
Standard currency | US$ |
Permitted currencies | Any |
Minimum paid up | US$1 |
Usual authorised | US$50,000 |
Directors | |
Minimum number | One |
Local required | No |
Publicly accessible records | No |
Location of meetings | Anywhere |
Shareholders | |
Minimum number | One |
Publicly accessible records | No |
Location of meetings | Anywhere |
Company Secretary | |
Required | Optional |
Local or qualified | No |
Accounts | |
Annual Tax Return | Yes |
Audit requirements | No |
Requirements to file accounts | No |
Publicly accessible accounts | No |
Other | |
Requirement to file annual return | No |
Change in domicile permitted | Yes |