*** To maintain good standing, your Anguilla  company must pay an annual renewal fee. This fee is a flat rate and free from hidden charges.

What’s included for 1299

• Incorporation of Company
• Anguilla ernment Registration Fees
• Registered Office for 1 year
• Registered Agent for 1 year
• Certificate of Incorporation
• Memorandum of Association
• Register of Members
• Membership Certificates
• Lifetime support

Why Anguilla

Anguilla, a British Overseas Territory in the Caribbean, has emerged as a prominent jurisdiction for offshore company registration, particularly for those aiming to establish an International Business Company (IBC). Its advanced and efficient registration system, the Anguilla Commercial Online Registration Network (ACORN), enables companies to be incorporated 24/7, offering unparalleled convenience. This makes Anguilla an attractive choice for entrepreneurs seeking a fast and flexible offshore setup.

Behind the scenes, Anguilla’s strong legal framework underpins the formation and operation of offshore companies. The International Business Companies Act of 2000 serves as the cornerstone for IBC establishment on the island. This robust foundation has facilitated the registration of numerous businesses, making offshore company formation a vital sector in Anguilla’s economy. With its reliable legal system, emphasis on compliance, and access to specialized services, Anguilla offers an ideal environment for businesses seeking corporate flexibility and security.

Benefits of opening a company in Anguilla

• Tax Neutrality: Anguilla IBCs benefit from a tax-neutral status, exempting them from local income and capital gains taxes, making the jurisdiction a favored choice for tax planning.
• Privacy: Anguilla ensures confidentiality for business owners, as it does not maintain a public registry of shareholders or directors.
• Flexibility: The jurisdiction offers significant flexibility in corporate structuring and imposes minimal reporting and operational requirements.
• Use of Foreign Names: Companies can register using foreign names, including Chinese, adding to its global appeal.
• Efficient Registration: The company registration process is fast and straightforward.
• Reputation: As a British Overseas Territory (BOT), Anguilla enjoys a strong international reputation.
• Robust Legal Framework: Anguilla boasts an attractive legislative system, supported by an independent judiciary based on English Common Law.

Types of Business Entities in Anguilla

THE INTERNATIONAL BUSINESS COMPANY (IBC)

An International Business Company (IBC) is ideal for entities not intending to conduct business within Anguilla, thanks to its simple formation process and minimal reporting obligations.

An IBC can have one or more directors, who may be either individuals or legal entities, including those provided by First Anguilla Trust Company. The company can issue, purchase, or redeem its shares, and meetings can be held anywhere, including via telephone or other electronic means.

Additionally, treasury and bearer shares are allowed, and there are no requirements for financial audits or statements. Access to the share register is limited to registered shareholders, and the company’s domicile can be easily transferred to or from Anguilla.

An IBC can also be combined with other structures, such as trusts or various types of partnerships, offering enhanced flexibility and utility for business operations.

THE ANGUILLA BUSINESS COMPANY (ABC)

Unlike an IBC, an Anguilla Business Company (ABC) can conduct business both within Anguilla and internationally. As Anguilla is a zero-tax jurisdiction, the ABC is exempt from taxation, offering a significant advantage over similar entities in other offshore locations. This makes the ABC a preferable choice in certain cases.

The ABC is not subject to many of the filing and reporting obligations required of a public company. It can also be structured to operate alongside a trust established under the Trusts Act.

The ultra vires doctrine does not apply, allowing the company greater operational flexibility, and nominees can be appointed in place of principals for added privacy. Additionally, the ABC allows for the re-domiciliation of companies originally incorporated in other jurisdictions, further enhancing its versatility.

THE HYBRID COMPANY

A company formed under this provision can be structured as limited by guarantee or by both shares and guarantee, combining features of both a partnership and a company. This makes it an appealing option in civil law jurisdictions that do not recognize the traditional common law trust concept.

In civil law jurisdictions, transfers to a trust are often treated as transfers to an individual, potentially triggering gift or transfer tax liabilities, or deemed invalid from the outset, defeating the transfer’s intended purpose.

A hybrid company effectively addresses these challenges by separating shareholder members and limiting the rights of shareholders and guarantors. This structure ensures compliance with the laws of the members’ domicile while optimizing tax efficiency.

THE NON-PROFIT ASSOCIATION

This structure is designed for private clubs and associations involved in charitable activities and social initiatives.

THE PUBLIC COMPANY

This type of company possesses all the characteristics and obligations of a company that offers shares to the public.

THE LIMITED LIABILITY COMPANY

The Limited Liability Company Act governs the operation of limited liability companies (LLCs), also known as limited duration companies. This type of entity combines features of both corporations and partnerships. Like a corporation, it has a separate legal identity, the ability to own and transfer property, limited liability for its members, and the capacity to sue and be sued.

At the same time, it shares characteristics with a partnership and, when properly structured, is treated as a “pass-through entity” under U.S. tax laws. This means only the members, not the entity itself, are subject to taxation.

This entity type, first introduced in Wyoming in 1977 and later supported by favorable IRS revenue rulings, has since been adopted through legislation in numerous U.S. states. Anguilla’s LLC legislation is modeled after the Wyoming and Delaware frameworks.

The Anguilla LLC requires a minimum of one member and can either have a limited duration or exist perpetually, offering flexibility to meet various business needs.

PARTNERSHIP LAW

Partnership legislation has been updated to reflect modern needs. Combining a company or trust with a limited partnership or general partnership can be highly effective in certain scenarios. Limited partnerships, in particular, serve as an efficient option for venture capitalists seeking to limit their involvement in management and minimize liability. The Limited Partnership Act offers a robust framework to support these structures, enhancing their utility and flexibility.

Incorporation Procedure

Documents from individuals:

• Certified Copy of a Passport
• Certified Copy of a Utility Bill e.g., Gas / Electrical or Bank Statement (dated within the last 3 months)
• 3 Proposed company name
• Original Bank reference letter on bank’s letterhead, not older than 3 months
• Original Professional reference letter on Lawyer’s or CPA’s letterhead, not older than 3 months
• Application Form (we will provide).

Documents from legal entities:

• Copy of the Certificate of Incorporation;
• Copies of incorporation documents (Articles of Association and Memorandum of Association).
• Register of directors/shareholders/members

Note: Where documents are in a language other than English, a certified translation of the full document into English must be provided, with the original document.

Company Structure

• Minimum Number of Directors: One, who may be a natural person or a corporate body.
• Minimum Number of Shareholders One, which can be the same entity as the director.
• Beneficial Owners: While beneficial owners are not part of public records, you must provide this information to the Registered Agent who maintains confidentiality

Timeline

Once we have received all the required identification documents, the company formation process will take approximately 3 working days subject to compliance review.

Taxation Policies