Anguilla Company Formation Overview
Anguilla is considered a British overseas territory of the United Kingdom, where English law applies, which simplifies the procedure for resolving disputes between shareholders. International procedures for combating money laundering and fraud are strictly observed here. The country is a member of the CARICOM trade and economic union.
This jurisdiction attracts businesses with its tax neutrality, lack of restrictions on trade and currency exchange, economic stability, and developed financial system.
Time to register a company
2-3 days
Average register a company timeline
Authorized capital
US$50,000
The registered capital
Tax rate
0%
Basic corporate tax rate
Any type of company (IBC, LLC, LP) can be registered in Anguilla quickly from anywhere in the world online thanks to the Anguilla Commercial Online Registration Network (ACORN).
The Anguilla Business Companies Act 2022 (ABC Act) is the main law establishing the mechanisms and basic requirements for the creation and operation of a company.
Corporate information
| Ready-made companies are available for purchase | No |
| Legal system | Based on English common law |
| Use of Cyrillic characters in company names | No |
| Local registered office required | Yes |
| Legal forms | International business company (IBC), limited liability company (LLC), limited partnership (LP) |
| BPA in the company name | Corporation (Corp.), Limited (Ltd.), LLC |
| Local registered agent required | Yes |
Shares and share capital
| Standard currency for shares | East Caribbean dollar (XCD) |
| Beneficiary information disclosed | No |
| Minimum issued capital | No restrictions |
| Bearer shares permitted | Yes |
| Authorized capital | US$50,000 |
| Conditions for payment of capital | No restrictions |
| Nominal value of shares | US$1 |
| Possibility of issuing shares without par value | Yes |
Advantages of Company Registration in Anguilla
Tax and financial benefits.
Companies do not pay taxes (on profits, income, or development) and are not required to maintain financial statements, but only pay an annual fee. There is also no mandatory annual audit.
Data protection.
Information about the activities of an international company, its founders, and managers is not publicly available. Access to and verification of registers may be carried out by the Financial Services Commission. Information must be disclosed at the request of other jurisdictions or by court order.
Optimal requirements.
Registering a company in Anguilla is a quick process carried out through ACORN. The mandatory requirements for establishing an international company include having one managing director and one shareholder (there are no residency requirements, and the shareholder can be either an individual or a legal entity). There is also no obligation to hold shareholder or director meetings.
Ease of remote company management
Directors and shareholders can be located anywhere in the world, and registration (submitting documents, making changes, renewals, etc.) is done online. Communication with the team and signing of documents take place via email or cloud services, and there is no need to visit the jurisdiction to manage the business.
Ready to Start Your Company in Anguilla ?
Our experts will accompany you at every stage of the opening process, ensuring its smoothness and efficiency.
Requirements for opening a formation in Anguilla
Despite these tax benefits, the Anguilla Business Companies Act still has mandatory requirements:
Company name
The law requires that the company name end with Ltd, Corp, Inc. It is prohibited to use words that indicate a connection with the royal family or the government.
Registered address.
There must be an agent and a local office. Information about the company, its manager, and beneficiaries is stored at this address.
Organizational structure.
The company must have at least one director and one investor (legal entity or individual); a secretary is not required.
Initial capital.
The minimum amount is 000 or the equivalent in another currency.
Prohibition on cooperation.
International companies cannot conduct business with Anguilla residents, nor can they engage in banking, insurance, or real estate transactions.
Service packages for registration in Anguilla
Process for Opening a Company in Anguilla
This jurisdiction offers all the conditions for quick business registration with minimal documentation requirements:
Select a name
Check the selected name in the Company Register. The name must be unique, not repeat existing names, and not contain words associated with the royal family or government.
Gather all the data
To apply for company registration, prepare the following set of documents (in English):
Submission of the application
The online application is completed using the Commercial Online Registration Network (ACORN).
Obtaining a certificate of incorporation
A certificate of incorporation is a document confirming the legal existence of a company. It specifies the name of the legal entity, registration number and date of registration, signature and seal of the state registrar.
Issuance of constituent documents and seals
After entering the data into the Register of Companies, the registration agent receives the following on behalf of the company:
Types of companies in Anguilla
Anguilla businesses prefer to choose from the following types of companies:
- International business companies (IBC);
- Limited liability companies (LLC);
- Limited partnerships (LP).
The most popular organizational form for doing business is the IBC, which offers many privileges, such as no taxes, financial reporting, and hiring residents.
Companies open companies in this jurisdiction in order to:
- Optimize taxes.
- Conduct trade and e-commerce.
- IT business.
Another advantage is that the share capital is only US$50,000 and there are no restrictions on the issuance of shares of any class.
Ready to Start Your Company in Anguilla ?
Our experts will accompany you at every stage of the opening process, ensuring its smoothness and efficiency.
Bank accounts and financial infrastructure
There are only a few commercial banks operating in Anguilla, such as:
- Offshore: Caribbean Commercial, Foreign Commerce, National Bank.
However, it is not possible to open a bank account remotely; you must be present in person when submitting documents, and you must also prove that you have a physical office and employees (substance).
Alternatives include:
- International banks working with offshore structures: HSBC, Citibank, JP Morgan Chase, Butterfield Bank, RBC Royal, Cayman National Bank.
- Digital banks: Revolut Business, Mercury Bank, EMBank.
- EMI: Payoneer, Wise, Intergiro.
EMI and fintech platforms have become one of the most popular ways to open an account remotely.
To open an account, you must provide:
- Certificate of incorporation.
- Memorandum, founding documents.
- Registers of directors and shareholders.
- Documents required for the identification of managers and beneficiaries.
- Proof of source of funds.
- Description of business activities.
Each bank has the right to request additional information and to refuse to open an account without explanation.
Cost and annual maintenance of a company in Anguilla
The jurisdiction is considered one of the most affordable among offshore jurisdictions:
- IBC registration – $250.
- Registration renewal – $250.
- Storage of corporate documents with
a local registrar – $100-200.
- Issue of a seal – $50-100.
- Nominee director/shareholder – $300-700.
- Opening an account – $300-1000.
Shareholder and beneficiary
| Minimum number of shareholders | 1 |
| Data entered in the public register | No |
| Residency requirement for shareholders | No |
| Beneficiary information disclosed | No |
| Beneficiary information disclosed to local agent | Yes |
| Legal entities are permitted as shareholders | Yes |
Trademark registration
| Comprehensive TM training fee | US$81 |
| Trademark registration fee | $423 |
| Trademark registration certificate fee | US$504 |
| Additional registration fee per class | US$459 |
Anguilla Companies Legislation
Anguilla’s legislation is constantly being updated and amended to facilitate the successful conduct of international business.
The following provisions form the basis of regulation:
- Anguilla Business Companies Act (ABC Act).
- Limited Liability Companies Act (Amendments) 2023.
- Companies Act 2022.
- Companies Regulations, 2022.
The law prohibits companies operating under the IBC principle from engaging in banking, insurance, and real estate leasing activities.
Anguilla’s legislation is based on English law, which offers advantages in resolving shareholder disputes and regulating company structure.
Taxation in Anguilla
Anguilla is a tax-free zone. Companies do not pay tax on profits, income, capital gains, or real estate.
According to the Briefing NOTE, the profits of trusts and partnerships are also not taxed.
Taxation
| VAT | No |
| VAT | 13 |
| Basic corporate tax rate | 0 |
| Capital gains tax | None |
| Currency control | No |
| Detailed information on corporate tax rates | Corporate tax is not levied on international commercial companies. |
| Stamp duty | No |
Director and secretary
| Minimum number of directors | 1 |
| Residency requirement for directors | No |
| Director of legal entities permitted | Yes |
| Information provided to local agent | Yes |
| Information disclosed in the public register | No |
| Secretary required | Yes |
| Residence requirement for secretary | No |
| Qualification requirements for secretary | No |
| Legal entity as secretary | Yes |
Reporting
| Reporting required | No |
| Open access to reports | No |
| Mandatory audit requirement | No |
| Annual declaration required | No |
| Public access to annual report | No |
| Reporting requirements | No |
FAQ about a Company formation in Anguilla
Can I manage the company remotely?
In Anguilla, there are no requirements for shareholders or managers to be located within the jurisdiction. Management, signing of documents, reports, and shareholder meetings can all be done remotely online.
Do I need a local director or office?
To register a company (IBC), you do not need a local director, a physical office, or to hire local employees.
Is a company in Anguilla suitable for a crypto/fintech project?
Yes, if the company is involved in DeFi, Web3, blockchain development (without managing client funds); if quick company registration is required (1-3 days); if EMI/fintech solutions are planned to be used for payments instead of traditional bank accounts.
How do I set up a company in Anguilla?
The ACORN (Commercial Online Registration Network) has been specially developed for this purpose, allowing you to submit documents and applications online from anywhere in the world.
How much does it cost to set up a company in Anguilla?
The cost of setting up a company depends on the type of company chosen, and the fee is specified in the Companies Act 2022.
How long does it take to register a company in Anguilla?
The registration of a company in Anguilla takes 2-3 days thanks to the automation of the system.
