ANGUILLA is a British overseas territory, one hundred miles east of Puerto Rico, a fairly stable political economy and a good regulatory system for financial services. At the same time, Anguilla island is a tax neutral jurisdiction, and all registered companies enjoy their zero tax benefits.
Advantage:
1. Anguilla implements common law and is closely related to market pulse and is well received by foreign businessmen.
2. Anguilla company has a convenient business operation, no need to declare beneficiaries, no need to declare annual profits and financial position.
3. Anguilla tax: totally exempt from foreign exchange control.
4. Anguilla's property protection: maximizing property protection and convenient transfer of funds.
5. Anguilla's flexibility: the shares of overseas Off Shore Company can be freely traded.
Basic requirements:
1. Anguilla Company Name: the name of Anguilla company is not too restrictive. It allows the use of companies ending in many countries, such as Limited (limited company), Corporation (company), etc., and can be named in Chinese, and the Chinese name can be contained in the company registration certificate.
2. The director of the company of Anguilla: one or more shareholders of the board of directors, a legal natural person of 18 years of age (a citizen or an overseas person with a passport or identity card), or a corporate group.
3. The registered capital of Anguilla company: the standard registered capital is generally $one million, and no duty payable is required.
4. The registered address of Anguilla company must be provided by anguid on Anguilla island.
5. Anguilla company's business scope: Anguilla is a Off Shore Company. The government has no restrictions on it, as long as it is legal.
Procedure:
1, the registration process: to fill in the agreement of the letter of entrustment, to pay the full amount of registration, to sign the registration document, to go through the formalities of the government departments of Anguilla, to complete the registration, and to sign the legal documents by the director personally.
2, the standard statutory capital stock: USD100 million; (this is nominal capital stock, there is no need to actually put in place).
Processing time: Anguilla company, newly named and registered (at least one working day), takes about 10-15 working days.
Tax reporting: financial statements may not be submitted
Annual review: declare to the government of Anguilla every year.
Write off: the application for cancellation to the Anguilla government is higher.