Fact File Supplied By:
Webster LP.
Location
Eastern Caribbean.
Time Zone
GMT -4 all year round.
Population
Approx 15,000.
Capital
The Valley.
Airport(s)
Clayton J Lloyd International Airport.
Language
English; some Spanish speakers.
Currency
Eastern Caribbean Dollar; US Dollar also widely used.
Political system
English Parliamentary.
International dialling code
+1 264.
Legal system
Based on English common law.
Centre’s expertise
Offshore fnance and administration, especially captive insurance.
Personal income tax
No income tax. 6% Universial Social Levy.
Corporate income tax
None.
Exchange restrictions
None.
Tax Information exchange agreements
For full details, please go to www.ifcreview.com/TIEA.
Permitted currencies
Any currency approved by Registrar.
Minimum authorised capital
One unit of approved currency
Minimum share issue
One.
Shelf companies
Not commonly used.
Timescale for new entities
Same day.
Incorporation fees
$350.
Annual fees
$350.
Minimum number
One.
Residency requirements
None.
Corporate directors
Yes.
Meetings/frequency
As directors determine.
Disclosure
Yes.
Bearer shares
Prohibited.
Minimum number
One.
Public share registry
Yes.
Meetings/frequency
Annual and shareholder request.
Annual return
Yes, accounts required.
Audit requirements
Only for public company.
Registered office
With registered agent in Anguilla.
Domicile issues
No issue.
Company naming restrictions
Must end with one of 10 alternative descriptors and must not be the same as, or similar to, the name or business name of any other person or of any association, partnership or firm, if the use of that name would be likely to confuse or mislead. Royal names excluded.