Establishing a company in Anguilla

Anguilla is a northerly island in the Caribbean Sea, situated east of the British Virgin Islands. It has been under the rule of the English since the mid-16th century, and despite colonial struggles and attempts to declare the island an independent territory outside British jurisdiction, its 15,000 residents yet remain part of British overseas territories. The laws of Anguilla are still largely British in origin, although some amendments and adaptations have been made, and the official language is English – a fact that simplifies the registration of foreign companies.

Anguilla offers visitors a warm, tropical climate, virginal beaches and gourmet restaurants with all the local seafood specialties. Around the island there are several small uninhabited islets. Visitors can take the ferry to the neighboring island of Saint Martin, a hot tourist attraction spot.

The government of Anguilla is a stable parliamentary democracy. As the soil is unsuited for agricultural development, island economy is founded on a very developed tourism industry, as well as taxation and advanced banking services that encourage foreign company registration. The currency is the East Caribbean dollar and USD.

For Viewing Anguilla in Google Maps - Click Here

Two things you did not know about Anguilla:

  • The island spans 96 km2 and does not rise beyond 65 meters above sea level.
  • The Cap Juluca resort in the north of the island is a preferred vacation destination for celebrities and Hollywood stars.

Anguilla's Economy

There are many benefits to registering a foreign company in Anguilla, particularly in areas of taxation and reporting, as direct taxation rates (including corporate tax, income tax and capital gains tax) are 0%. Offshore companies are not required to submit financial reports to the authorities (although they are required to prepare and store reports in their archives). Additionally, companies there enjoy a great deal of discretion, as information regarding company office holders and directors are not included in the Anguilla company registrar logs, and kept instead by a locally appointed agent that must maintain company confidentiality.

Additional information about establishing offshore companies in Anguilla:

General
Type of company
IBC – International Business Corporation
Relevant Companies Law
International Business Companies Act, 1990, amended 2000
Offices
Law requires companies to provide a local office address
Language of original incorporation documents
English
Finance and Taxation
Currency
XCD
Corporate tax rate
0%
Standard share capital
50,000 USD in nominal value shares of 1 USD
Office Holders
Secretary
Obligation to appoint company secretary
Not required – company may appoint a secretary
Obligation to appoint local secretary
Not required
Type of entity that may function as company secretary
Individual and/or company
Director
Obligation to appoint company director
Required
Obligation to appoint local company director
Not required
Minimum number of directors
1
Type of entity that may serve as company director
Individual
Shareholders
Obligation to register shareholders
Required
Obligation to register local shareholders
Not required
Minimum number of shareholders
1
Type of entity that may register as shareholder
Individual and/or company
Type of shares
Registered shares
Accessibility of Information
Company registrar
Information regarding office holders is not accessible to the public
Annual Assembly and Reporting
Obligation to hold annual assembly
Not required
Obligation to prepare financial reports
Required
Obligation to submit financial reports
Not required