Anguilla
Anguilla
Anguilla is the most northerly of the Caribbean Leeward Islands. It is situated approximately 1,600 km south-east of Miami, Florida. It has a land area of 91 sq. km. The capital is Valley. The official and main spoken language is English.
The British established control of Anguilla in the late 1600’s, prevailing in numerous skirmishes with other European powers, today Anguilla is a British Dependent Territory.
In 1967, Anguilla announced its withdrawal from Associated Statehood with St. Kitts and Nevis, opting for direct British rule, which was officially granted in 1982. Anguilla is a politically stable society with a strong democracy. The Governor is appointed by the British Crown. An Executive Council of Ministers is appointed from the Legislative Council of elected members. Elections are held at least once every five years, and electoral representation is parliamentary (as opposed to presidential). Britain maintains responsibility for foreign affairs and defence.
Anguilla’s legal system is based upon English Common Law, with local modifications. Anguilla has, since 1992 (and specifically in 1994), adopted numerous pieces of modern financial service legislation.
Key Corporate Features
General |
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| Type of entity: | IBC |
| Type of law: | Common |
| Shelf Companies Available: | Yes |
| Time to establish a new company: | Same day |
| Minimum government fees (excluding taxation): | US$200 |
| Corporate taxation: | Nil |
| Double taxation treaty access: | No |
Share capital or equivalent |
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| Standard currency: | US$ |
| Permitted currencies: | Any |
| Minimum paid up: | US$1 |
| Usual authorized: | US$50k |
Directors |
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| Minimum number: | One |
| Local required: | No |
| Publicly accessible records: | No |
| Location of meetings: | Anywhere |
Shareholders |
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| Minimum number: | One |
| Publicly accessible records: | No |
| Location of meetings: | Anywhere |
Company Secretary |
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| Required: | Optional |
| Local or qualified: | No |
Accounts |
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| Requirement to prepare: | Yes |
| Audit requirements: | No |
| Requirement to file accounts: | No |
| Publicly accessible accounts: | No |
Other |
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| Requirement to file annual return: | No |
| Change in domicile permitted: | Yes |