ANGUILLA - International Business Company (IBC)

(Fees quoted are exclusive of VAT)

Introduction

Anguilla is an internally self governing British overseas territory in the Caribbean Sea, the northern most island in the Leeward Island chain. The island's capital is The Valley. The legal system is based on British Common Law.

Requirements:

• An Anguillian IBC should have a registered office and a registered agent in Anguilla.
• One Director is required.This can be a natural person or a corporation and need not be resident in Anguilla
• One Shareholder is required. This can be a natural person or corporation.
• There is no requirement for a Company Secretary.
• Shares can be issued with par or without par value. Bearer shares are permitted.
• The names of the shareholders are directors are not part of the public record and are known only to the registered agent.
• Articles of association, Certificate of incorporation and Register of shareholders and directors must be kept at the Registered office.
• An offshore company incorporated in Anguilla shall not:
• Carry on business with residents of Anguilla
• Own interest in real property in Anguilla
• Carry on business in banking or trust and insurance business except if an appropriate license is granted
• Provide company management or registered offices for an Anguilla offshore corporation

Filing Requirements:

• There is no requirement to file annual accounts with the Anguilla authorities but it is required to keep financial records that reflect the financial position of the company
• There is no requirement to appoint an auditor.
• An Anguillian IBC does not need to hold an Annual General Meeting of its shareholders.
• An Anguillian IBC is required to pay an annual license fee in order to remain in good standing and this is due on the anniversary of the incorporation of the company. Late payment will incur filing penalties.

Taxation:

• Anguilla has no direct taxation in the form of income tax, capital gains tax, gift tax or inheritance tax.

Information required for registration:

• Proposed name(s) for approval from Registrar. It is advisable to give several alternatives.
• Stanley Davis due diligence requirements

Time taken to incorporate:

3 days

Additional charges apply for courier and notarisation/appostile.

Maintenance Services, fees will be charged for additional services on time-spent basis.