Anguilla
General Information
General Information
| Location | Anguilla is a British overseas territory in the Caribbean. It is one of the most northerly of the Leeward Islands in the Lesser Antilles, lying east of Puerto Rico and the Virgin Islands and directly north of Saint Martin |
| Capital | The Valley |
| Population | About 14,000 |
| Language | English |
| Legal System | Anguills is a common law jurisdiction, supplemented by local statutes enacted by the local House of Assembly |
| Currency | US Dollar / East Caribbean dollar (US$1 = EC$2.70) |
| Exchange Control | None |
| Economy | Anguilla's thin arid soil is largely unsuitable for agriculture, and the island has few land-based natural resources. Its main industries are tourism, offshore incorporation and management, offshore banking, captive insurance and fishing. |
| Time Zone | UTC - 4 |
| Principal Corporate Legislation |
Companies Ordinance 1994 International Business Companies Act (amended in 1998 and 2000) |
Company Incorporation
- Incorporation fee for a company with share capital less than USD 50,000 of 50,000 shares is USD 928 included government fee, professional fee, registered agent fee, registered address. (For company with English name only)
- Required at least one director and one shareholder
- Due diligence of the beneficial owners, director(s) and shareholder(s) are required
- 1-2 days for name check
- 2 working days for English company formation, soft copy of CI and M&A can be provided
- 2-3 working days for English and Chinese company formation, soft copy of CI and M&A can be provided
Features & Benefits
- Bearer Shares allowed
- The information of directors, officers and shareholders can be kept completely confidential
- IBC's are not required to file annual returns
- IBC's are not required to submit company accounts to any authority
- Offshore company accounts need not be audited by internal or external auditors
- IBC (offshore Company), by definition of the law, is not subject to any tax or duty on income or profits.
