For starters, the law in Anguilla is common law law. Common law makes for a easy corporate setup. E-signatures are allowed.
The country code AI is for Anguilla and the most common legal entity structure in Anguilla is an IBC.
When setting up, budget about 1 Day to put together the paperwork and file an IBC in AI. The types of currencies you can use to setup your legal entity is frequently any legal tender.
Yes, one is allowed to re-domicile an IBC from AI. You are usually allowed to change the jurisdiction of the company, pending certain procedures.
There must be at least 1 shareholder. This makes it possible for you to own an IBC in AI by yourself. Corporate Shareholders are allowed, meaning you could have a company as a shareholder. Foreign ownership is tolerated, up to 100% of the ownership of the IBC.
A legal entity is only required to have 1 director on the board. Additionally, corporate directors are permitted. Directorship information is ususally not shared with the general public. There is a body of law which requires companies to hold an annual meetings of shareholders.
A registered office is a requirement, whom the company will pay yearly, for a legal services company which can receive litigation or other legal process on behalf of the registered legal entity. Moreover, a corporate secretary is not a requirement.
There is a requirement to file accounts to relevant authorities. Consequently, there is oftentimes a requirement to have these accounts audited.
Thin capitalization rules are not in effect.
A corporate director is permitted, meaning this country is a good option if you are setting up a structure where you want to protect director liability.
The directors are not disclosed in the public registry of Anguilla, Government of Anguilla (Registry of Companies). Shareholders are not disclosed in the Government of Anguilla (Registry of Companies).
Typically companies take 1 day to setup and there are 1 director(s) required and 1 shareholder(s) required at the time of incorporation.
Overall we think Anguilla is a good option and have given it a score of 86 as an IO score, using the Incorporations.IO proprietary formula.
1 Dayto form