Tuesday 20 May 2014

Anguilla

Anguilla is a country in the Caribbean and also one of the British overseas territories. Composed of the main island of Anguilla and a couple of smaller islands. The main gross domestic product comes from the tourism, fishing, offshore company and bank creation, also captive insurance. The official language is English and some adaptations of the English language are mostly used for communication. Most of the population is black with around 4% white and 3% of mixed descent.



Incorporation

The incorporation of companies in Anguilla is one of the fastest available. You can buy shelf companies and have them registered on your name with in hours. The usual time to incorporate may take around one day. And even then only a couple of documents have to be formed and a fee of couple hundred dollars have to be  paid to register the company.

Company upkeep 

In order to maintain a company in the Anguilla a yearly fee of 200 dollars has to be paid to the government and accounts have to be prepared, but not filed.

Advantages

The main advantages of a company in Anguilla are the fast incorporation times and real easy drafting of incorporation documents.

Over all Anguilla makes a great place for company incorporation. Having no taxes and no double tax treaties. Anguilla's tax is a quite unique as it truly doesn't have any internal tax. Companies in BVI are quite familiar to companies in Anguilla, and can be used as an alternative if there are some problems with incorporation in Anguilla.

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