Anguilla Fact Sheet
General
| Type of company | Exempt |
| Political Stability | Good |
| Common or Civil Law | Common |
| Disclosure of Beneficial Ownership to Government Authorities | Yes |
| Migration of Domicile Permitted | Yes |
| Tax on Offshore Profits | Nil |
| Language of Name | English |
Corporate Requirements
| Min. No. of Shareholders | 1 |
| Min No of Directors | 1 |
| Min. Share Capital | None |
| Corporate Directors | Allowed |
| Company Secretary Required | Optional |
| Usual Share Capital | US$ 50,000.00 |
| Bearer Shares | Not Allowed |
| Production of Accounts | Yes |
| Audit of Accounts | Discretion of Directors |
Local Requirements
| Registered Office | Yes |
| Registered Agent | Yes |
| Company Secretary | Optional |
| Local Directors | No |
| Local Shareholders | No |
| Local Meetings | No |
Annual Requirements
| Minimum Annual Tax/Licence Fee | US$ 860.00 – US$ 3,315 depending on share capital structure |
Restrictions on Trading
| 1 | Cannot conduct business in the Cayman Islands with any person, firm or corporation except in furtherance of its business carried on outside the Cayman Islands. |
| 2 | Cannot make any invitation to the public in the Cayman Islands to subscribe for any of its shares or debentures. |
| 3 | Cannot undertake the business of banking, insurance, reinsurance or trust. |
Attractive Features
- Fast and efficient incorporation process, and simple ongoing administration
- Cost effective formation and maintenance costs and fees
- Minimal annual reporting requirements
- No requirement for Cayman resident directors or shareholders
- No requirement to file an annual return disclosing details of its shareholders to the Registrar of Companies (the Registrar)
- The register of shareholders does not have to be kept at the registered office and is not open to public inspection
- No requirement to hold an annual meeting of its shareholders
- Ability to issue shares with or without nominal or par value
- The Cayman Islands has no corporation tax, income tax, capital gains tax, inheritance tax, gift tax, wealth tax or any other tax applicable to an exempted company conducting offshore business
- An entitlement to receive from the Cayman Islands Government, a renewable “Tax Exemption Undertaking”, exempting it from any future Cayman Islands taxes for a period of up to 20 years, which may be extended to 30 years on special application.