Anguilla
GFS provides incorporation services in Anguilla as well
as in various offshore jurisdictions.Anguilla is located
in the Eastern Caribbean. It is approximately 150 east of
Puerto Rico and close to the Virgin Islands. The population
is approximately 12,871. The official language is English
and the currency is the Eastern Caribbean dollar. The political
status is stable and the government is a British Overseas
Territory- Constitutional Monarchy. The legal system is
based on English Common Law. Below are some of the characteristics
for an Anguilla international business company:
Business
Legislation
To attract business to the jurisdiction three companies'
ordinances were enacted in January 1995. These were the
Companies Ordinance, International Business Company Ordinance
and the Limited Liability Company ordinance. These have
been further refined since 1995.
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Banking
and Professional Services
The three banks on the island which provide offshore banking
are: The Caribbean Commercial Bank (CCB), the National Bank
of Anguilla (NBA) and Scotia Bank
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Taxation
There
is no tax for nonresident companies provided that business
is conducted outside of Anguilla.
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Shareholders
A minimum of one shareholder
is required. There is no shareholder disclosure. Shareholders
meetings are subject to articles. Bearer shares are allowed
and no-par value shares are as well.
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Directors
There
are a minimum of one director required and no maximum. A
resident director is not required. Directors meetings are
subject to the
Articles.
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Reporting
Requirements
Annual Returns are not required for International Business
Companies ("IBC's).
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Local
Requirements
All
companies must have a registered office and a registered
agent.
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Company Mobility
Asset security is provided through the ability to transfer
domiciles.
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