List (.pdf)
Area - 91 sq. km
Population - 12,132 inhabitants (July 2001)
Political system - self-governing territory of the United Kingdom
Capital - The Valley
Legislation is based on English common law
Head of State - Queen Elizabeth II of the United Kingdom (Queen ELIZABETH II since 6 February 2952); representative on the island - Governor-General Peter JOHNSTON (since February 2000)
Currency - East Caribbean dollar (East Caribbean dollars (EC€), fixed exchange rate to the US dollar: 1 USD - 2.7 EC€
Company law
Companies Act - Business Companies Act
Company Management Act 2000
Limited Liability Company Act 2000
Form of tax-exempt company
International Business Company - IBC - in the form of an LLC, JSC, Trust company
Permitted activities
Any activity not prohibited by law. A special licence is required for banking, insurance and reinsurance, and trust services.
Prohibited activities
none
Taxation
Companies are exempt from all taxes and duties on income arising from operations outside Anguilla
Registration time
24 hours
Possibility to purchase ready-made companies
Yes
Company name
It must not be identical or similar to an existing name.
The name may contain the words “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima”, “Gesellschaft mit beschankter Haftung”, or the abbreviations "Ltd", "Corp", "Inc", "SA", "NV", "BV", "GmBH"
The words “Bank”, “Building Society”, “Chamber of Commerce”, “Chartered”, “Cooperative”, “Imperial”, “Insurance”, “Municipal”, “Royal”, “Trust Company”, “Trustee Company”, or other words or phrases having the same meaning, may not be used in the company name.
Documents required for registration
Memorandum of incorporation, articles and memorandum of association of the company (Memorandum & Articles), minutes of the first shareholders’ meeting
Who signs the incorporation documents?
Subscribers subscribe for at least one share
Later the subscribers transfer the shares to the actual owner of the company
Company share capital
The authorized capital of the company is declared; there are no requirements for mandatory payment or for a minimum or maximum amount, however statutory fees apply - capital of not more than €15,000 is charged €100 annually; larger capital - €715
Proposed authorized capital
1500 USD, divided into 1500 shares with a par value of 1 USD
Shares
Registered and bearer shares may be issued, with or without par value
Shareholders
minimum number: One individual or legal entity
nominee shareholders: Permitted
holding shares in trust: Permitted
Is non-disclosure of information provided by law:
about the actual owner of the company: The actual owner of the company is not registered
about banking operations: Yes
Directors
minimum number: One individual or legal entity
nationality and citizenship: No requirements
Status: All powers except those within the exclusive competence of shareholders (determined by the memorandum, articles and/or law)
Presence in Anguilla
registered office: Mandatory
registered agent: Mandatory
Shareholder/director meetings
Meetings may be held in any part of the world; meetings may be held by telephone.
Minutes of meetings may be kept anywhere
Requirement
bookkeeping: No
preparation of annual report: A declaration of compliance of the company’s activities with the Law must be prepared
submission of auditor’s report: No
Information available on request by third parties
Company name, registered agent, registered office address, authorized capital
Documents kept at the registration office
Minutes of shareholders’ meetings, register of shareholders, corporate seal, incorporation documents
Double taxation avoidance agreements
None
Bank account
Offshore Express LLC offers services for opening corporate bank accounts in Europe and the USA.