| Background |
Instant incorporation 24 hours
a day, 365 days a year
Electronic filing of statutory documentation
Tax neutral jurisdiction |
| Introduction |
Anguilla, which was formally
separated from St. Kitts and Nevis in 1981, is a dependent
British overseas territory that enjoys a high degree of
political and economic stability with a well-regulated
financial services industry. This island of 35 square
miles is home to a population of just over 10,000 people
who are predominantly Afro-Caribbean and is situated just
over one hundred miles east of Puerto Rico, close to the
British Virgin Islands.
One of the more commended features about Anguilla's company
registration system is Anguilla Commercial On-line Registration
Network (ACORN), which went live in 1998. It is able to
facilitate the incorporation of companies such as International
Business Companies (IBCs) and Limited Liability Companies
(LLCs) 24 hours a day, 365 days a year, from anywhere
in the world via the internet through licenced company
managers and trust companies together with their approved
overseas agents. |
| Law
And Taxation |
Anguilla is a common law jurisdiction,
supplemented by local statutes enacted by the local House
of Assembly. In 1994, with the British Government's technical
assistance and funding, corporate and financial legislation
was enacted with amendments made at the end of 1998, and
again in 2000. Now businesses incorporated in Anguilla
are governed by either the Companies Ordinance 1994 or
the International Business Companies Act (amended in 1998
and 2000).
Anguilla is a neutral tax jurisdiction, with all companies
registered benefiting from Anguilla's zero-tax situation.
Moreover, Anguilla does not distinguish between local
and offshore companies. Together these points make Anguilla
a very attractive location to financial services professionals.
|
| Corporate
Requirements |
Chinese names are permitted and
can be included on a company's Certificate of Incorporation.
IBCs are required to have at least one director, which
can be a person, company, trust or partnership. A company
secretary is not mandatory, and there is no requirement
for this office or the office of director to be held locally.
IBCs may purchase or redeem their own shares. Meetings
do not have to be held in Anguilla and can be done so
via telephone or other electronic means. The minimum number
of shareholders required is one with both registered and
bearer shares being permitted. All companies must have
a Registered Office and a Registered Agent in Anguilla.
IBCs do not have to file any annual returns, only an annual
fee needs to be paid. Details of directors and shareholders
are not on any public record, however, these details must
be kept at the Registered Office of the company.
Although Anguilla ordinary resident companies can be used
for offshore purposes, IBCs are generally more preferable
over ordinary resident companies when it is not intended
to carry out business in Anguilla because of their ease
of formation and limited reporting requirements. |
| Local
Infrastructure |
| The professional infrastructure
is well-developed, with major accounting firms, numerous
legal practices and banks represented on the island. Communications
facilities in Anguilla are well-developed with international
direct dialling, cellular connections, fax, modem, internet,
and dedicated email service lines available. |
| Our
Services |
We can incorporate a company
with your choice of name and confirm the availability
of names in advance. All companies are provided with a
complete company kit, including share certificates, 5
copies of the Articles of Incorporation and By-Laws plus
an electronic copy on CD-ROM, statutory registers, common
seal, company chop and a certificate of guarantee of quality.
In addition, we can assist clients in obtaining certificates
of good standing, registered agent certificates and other
certificates of corporate existence. We do not provide
corporate management services but would be pleased to
introduce you to other professional firms which do.
Through our Group's Company Management Licence in Anguilla,
we provide the necessary ongoing services as Registered
Office and Registered Agent for all companies that we
incorporate. We would also be pleased to provide such
services to other Anguilla-incorporated companies. |
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