Anguilla is a British overseas territory consisting of several islands in the Caribbean Sea, located east of Puerto Rico. It is self-governing. Entrepreneurs who intend to register a company in the valley or another city in Anguilla can open a business without share capital. At the same time, a foreigner can own it alone. Opening a business in Anguilla can be done quickly and easily with our help.
Advantages of registering a company in Anguilla
The decision to open a company in Anguilla will automatically provide access to the following advantages:
Financial benefits due to the absence of taxes on the company's income;
Simple registration procedure;
No need to conduct regular financial audits;
Maintaining confidentiality of information about directors, shareholders and beneficiaries;
Lack of exchange control restrictions;
Political stability.
To register a company in Anguilla, at least one director and one shareholder are required, who can be the same person. Their nationality does not matter.
Main forms of legal presence and business activity in Anguilla
In Anguilla, one can open a business or establish a legal presence in one of several forms:
Anguilla Business Companies (ABC) - involve conducting business on the islands, as well as internationally;
International Business Companies (IBC) - are registered to conduct business abroad and are used by foreigners for tax optimization;
Hybrid Companies - allow for the separation of shareholders and the limitation of the rights of shareholders and guarantors in such a way as to comply with the laws of the participant's place of residence in the most tax-efficient manner;
Non-profit Associations - created with charitable and social purposes;
Public companies - an organizational form that allows shares to be publicly traded;
Limited Liability Companies (LLC) - can be formed on a fixed or indefinite basis;
Limited Partnership (LP) - suitable for venture capitalists. Limits the exposure of participants to management liability.
There are some restrictions on IBCs, the most popular form of company formation for foreigners. Such entities are prohibited from:
doing business with Anguilla residents;
engaging in the management of another company, banking or trust business;
acting as an insurance company/agent/broker/manager;
having an interest in real estate located in the country.
In this case, a foreign entrepreneur can purchase a business in Anguilla, form a new company and move the company to or from another country.
Registration Procedure
To open a company in Anguilla, a foreigner must:
1. Choose and register a unique company name. It must contain information about the legal form of the company.
2. Register the company in Anguilla with the CRES registry. To do this, you must submit articles of association drawn up in English and have a registered office for the duration of the company's existence.
3. Obtain a business license from the Ministry of Finance (for certain sectors).
4. Open a bank account.
Legislation and Regulatory Environment
Anguilla's legal system is based on English law. The islands do not enjoy full political independence and sovereignty. They belong to an ordinary legal jurisdiction, supplemented by local laws adopted by the local House of Assembly. Opening a business in Anguilla is easy, as the local government seeks to attract foreign investment. There are no restrictions on the movement of goods and capital.
Tax system in Anguilla
The country does not apply direct taxes to residents and non-residents. Income, capital gains, inheritance and gifts are exempt from taxation. Anguilla is an offshore, where it is profitable to register your business. An international company must maintain its financial records, but filing a tax return is not mandatory.
The establishment and operation of business structures are governed by the Anguilla Companies Act, enacted in 2022, which replaced the 2004 regulatory act.
How our experts can help
Let's say you are evaluating the establishment or purchase of a company in Anguilla. In this case, the lawyers of "Smart Startup UK" are ready to put this option into practice by providing legal support for the following aspects of business registration in Anguilla:
Request and collect all the data and documents for opening a business in Anguilla;
Choose the name and in the interests of the client, all negotiations are conducted by us with local authorities and banks;
We arrange the legal address, accounts and employees, as well as all the necessary documents for applying for the future company;
We provide comprehensive legal support for the further functioning of the new legal entity in Anguilla.
The portfolio of specialists of "Smart Startup UK" is formed by more than 8,000 cases in the field of registration and support of international business. Our lawyers will apply this experience to the goals of your project.
CREATE A COMPANY
Company name check and reservation
Company registration, including government fees
Obtaining an administrative identification number
Registering the company with government structures
Writing a company charter
A set of statutory documents of the company in electronic form
Bank contribution for the authorized capital of the company
Obtaining a foreign investment permit
Opening an account at: National Commercial Bank of Anguilla, Bank of Anguilla
Opening a personal bank account
Apostille and translated corporate documents
Obtaining a residence permit
Free consultation
Assistance with online trading and opening on an account at viva.com for online trading
Accounting services - 12 months
Accounting services
Annual renewal 1000 Euro (paid from the second year)
*Within 35 days
IMPORTANT! We can provide you with the initial share capital (if the amount is over 5000 Euro) for the registration of your company in the form of a loan from our company.
Please, if you are interested, make an inquiry to us.
What is the procedure!
1. You submit an application for company registration using the application form.
2. We check whether the company name for registration is free and eligible for registration.
3. Choose a bank that meets your company's needs from a list of Smart Startup UK partner banks.
4. We send you a proforma invoice for payment to be paid to our bank account + the amount for the initial capital of your company.
5. You receive all the necessary company documents for reconciliation.
6. You receive details of your newly opened bank account.
7. Within the specified period (for Anguilla it is 35 days) you receive all the services included in the package.
8. You can manage all the services included in the package through our platform, as our team works 24/7 and you can get help from us within up to 30 minutes. We have built an internal ticket system for our customers, through which we process each of your support requests.
All services such as management, accounting, bank account opening requests, licensing, tax return filing, tax payment and more are carried out through your account on our platform, making it easier to manage your business!
