Frequently Asked Questions
Are there any restrictions on business activities that an IBC in Anguilla allowed to carry on?
The following activities are prohibited with IBCs:
- Conduct business with residents in Anguilla;
- Carry on business related to banking, trust, insurance, company management services;
- Own or hold interests in real property situated in Anguilla
Anguilla Company director/shareholder/beneficial owner
What is the minimum director/shareholder required to register a company in Anguilla?
Anguilla IBC Act doesn’t require specific number of directors. However, the minimum of director/shareholder need to be at least one, and can be the same person.
How about the privacy of register of directors/shareholders?
The registers of directors/shareholders are not made available to the public. In addition, an IBC can elect to file with the Registrar or not, but the information must be kept with the registered agent through due diligence process.
Where can meetings of the board of directors/shareholders be held?
Meetings of company directors/shareholders can be organized in any manner and places that the director considers necessary or desirable.
Are corporate directors allowed in Anguilla?
Yes, director of an IBC can be individual or the body corporate.
What classes of shares an Anguilla IBC are allowed to issue?
An IBC is allowed to issue almost all types of share such as registered shares, non-voting shares, bearer shares, shares with a par and no par value, shares with special privileges related to dividends, redemption.
Are issued shares required to be paid up in full?
All shares issued must be paid up in full.
How about the annual reporting requirements of an IBC in Anguilla?
An Anguilla IBC has to maintain its financial records, but don’t have to file financial statements, annual return or tax return.