Anguilla IBC

Requirements for Anguilla Company Registration

There are few requirements needed in order to register and incorporate an Anguilla IBC. A client must register using an approved overseas agent in which documents are submitted using an online computerized registry through Anguilla’s Commercial Online Registration Network (ACORN) which provides for a efficient and simple incorporation process. In order to submit the appropriate incorporation request a client must submit:

• Name of Company
• Physical address
• Valid passport
• Character reference

Taxation of an Anguilla IBC

Anguilla IBC’s as well as individuals, whether a resident of Anguilla or not, are exempt from paying any taxes in the jurisdiction. This makes Anguilla unique in that it is a completely neutral tax jurisdiction. Anguilla IBC’s are exempt from taxes that include, but not limited to:

• Corporate tax
• Inheritance tax
• Gift tax
• Capital gains tax
• Estate tax

Corporate Details of an Anguilla IBC

Anonymity, Confidentiality and Disclosure

An Anguilla IBC provides clients with complete confidentiality and disclosure of personal information. Information related to beneficial ownership is kept at the registered office and is not available to public inspection. Names of Directors are not filed with the Register and are only known by the Registered Agent. Anguilla laws safeguard the rights and privacy of an IBC, which guarantees confidentiality, and any breach of such constitutes a crime under Anguilla law. For complete anonymity, nominee services are made available through Offshore-Protection.com for both directors and shareholders.

Company Shares

Shares can be issued as bearer shares, registered shares, with or without par value, voting or non- voting, preferential or common. Shares may be issued in any currency. Shares that are issued as Bearer shares need to be held by a custodian, as such we do not recommend bearer shares, and suggest the use of our nominee shareholder services.

Required Capital

There are no minimum restrictions and no maximum restrictions for required capital. An Anguilla IBC usually authorizes USD $50,000.

Directors

There must be one Director who may be either an individual or a corporate body of any nationality and resident of any country. The shareholder and the Director may be the same individual.

Shareholders

There must be at least one shareholder. The director and the shareholder may be the same individual.

Company Secretary

There are no requirements for an Anguilla IBC to have a secretary

Company Meetings

Company meetings are not required and if they do take place may be anywhere in the world.

Principal Corporate Legislation

• International Business Companies Act 2000
• The Companies Act 2000
• The Limited Liability Company Act 2000
• The Limited Partnership Act 2000
• The Trust Companies and Offshore Banking Act 2000

Type of Law

English Common Law with local statues

Trading Restrictions

An Anguilla IBC is restricted from doing business with residents of Anguilla, own real estate, conduct business in banking, trust, insurance or provide company management services unless the appropriate license is granted.

Exchange Controls

There are no foreign exchange controls with the US dollar being allowed to circulate freely within the economy.

Powers of the Company

An Anguilla IBC has all the rights and power of a natural person

Language of legislation and Corporate Documents

English

Registered Office Required

Yes. A registered office is required for an Anguilla IBC. Details of the Directors and shareholders must be kept at the local office as well as the Articles of Incorporation, adequate financial records and company seal. All records and financial information are not open to the public.

Local Presence

No. There are no local presence requirements.

Audit Requirements

No. There are no audit requirements for an Anguilla IBC

Annual Reporting

There are no annual reporting requirements for an Anguilla IBC. Although it is necessary that the company maintains adequate financial records that reflect the financial standing of the company.

Financial Statements Required

In is not necessary that the company submit and financial statements, though a company must maintain financial records and must be made available if required by the Register. The Register is not available to public access. The Articles of Incorporation, Certificate of Incorporation and the Register of shareholders and directors must be kept in the local office at all times.

Shelf Companies available

Yes, Shelf Companies are available in Anguilla.

Time required to form offshore company

1 Business Day

Name Restrictions

The name of an Anguilla IBC may not used a word or phrase that suggests patronage of the Anguillan or UK government, political party, including all words that are seen as objectionable by the Register, which includes but is not limited to words such as: Government, National, Royal, Republic, Commonwealth or Anguilla

Language of Name

The name of an Anguilla based IBC may be in any language using any alphabet.

Names of Company requiring a special licence or permission

An IBC may not use words or phrases that include but are not limited to: bank, chamber of commerce, trust, assurance.

Permitted limited liability suffixes

An Anguillan IBC must contain one of the following limited liability suffixes: Ltd, Corp, Inc, SA, NV or GmbH.

Access to Double Tax Treaties

Anguilla has not signed any Double Tax treaties

Licence Fee

USD $200