Offshore Company Formation – Anguilla
Economy of Anguilla About Anguilla
Anguilla is a Caribbean British Overseas Territory. Anguilla is situated as one of the most northerly of the Leeward Islands. Anguilla is based in Lesser Antilles and is lying east of Puerto Rico.
The main Island of Anguilla is about 16 miles long and 3 miles wide, at its widest point. The capital of Anguilla is the Valley. Anguilla has the cluster of number of smaller islands and cays. These islands do not have any permanent population. The total land area of Anguilla is 35 square miles and it has a population of about 14,764 people as counted in the year 2016.
Economy of Anguilla
Anguilla has a thin and arid soil type, which does not prove to be suitable for regular agriculture. The main island of Anguilla has few natural resources, which are land based.
The economy of Anguilla is mainly based on the industry of tourism there. The tourists visiting the main islands are the main source of economy in this cluster of islands.
There are some off shore incorporations, some off-shore management houses and some off-shore banking, those help in running the economy of Anguilla. The off shore captive insurance is also there.
Another main source of economy in Anguilla is fishing. The fishing industry keeps the island above the water, as far as the economy of the island is concerned.
The economy of Anguilla was expanding rapidly before the world-wide crisis of 2008. The multinational companies were driving major new developments in tourism sector.
The currency of Anguilla, the East Caribbean Dollar is also a widely accepted currency there, besides the US dollars. Anguilla has seven banks operating in the islands, with two money services businesses.
The economy of Anguilla is seeing the brighter days as its tourism industry has received a boost by being voted as the “World’s Leading Luxury Island Destination,”
Anguilla is also hoping for a boost in economy by adopting alternative sources for power, such as solar energy.
So, the good days are just about showing up in economy of Anguilla.
Why form an offshore company in Anguilla?
Anguilla are one of the best places in the world to do business as they don’t charge a corporate tax, income tax, taxes on interests or dividends earned through investments on the money generated outside its country. That is why it is one of the well known tax havens in the world. The offshore corporations have to pay an annual licensing fee to the government directly which is in turn based upon the authorized share capital it has.
Basic Incorporation Package
Form your offshore company anywhere in the world within a week. No hidden price, no extra charges
With this package, we will provide you with a compulsory registered office address and dedicated account manager to handle all your queries. Also all the compulsory government fees would be paid up when the incorporation process takes place.
In addition to this, we will provide you with the documents necessary to incorporate a company – certificate of incorporation, appointment of directors, share certificates, company seal memorandum and articles of association.
Advanced Incorporation Package
This package will also include banking solutions and assure full confidentiality of your identity in addition to the full services of our Basic Incorporation Package.
We will provide you with a bank account and also with professional resident director and resident shareholder. This will help you in case you do not want your names to be displayed publicly. The Nominee director will act on your behalf by signing contracts, MoU’s and other documents related to your business.
All these will be provided in addition to company incorporation, registered address and other services included in the Basic Incorporation Package.
Professional Backed Package
This package will take care of the ever changing intergovernmental agreements which are being exercised by most of the countries.
More and more countries are signing up to international trade agreements which means more robust process. The benefit of our package is that it will facilitate your business through the help of qualified accountants, directors, international lawyers, tax advisors and investment advisors. It will ensure that your business runs smoothly and with full privacy and confidentiality.
Customize as per your requirements – whenever and wherever required.
Select what all services you require in what all jurisdiction. You can upgrade the services anytime you want. Choose from a wide range of professional services in addition to the type of company and bank account you want to set up. With the ever changing laws, you can ask our domain experts to guide you through the right direction.
Benefits of Forming an Offshore Company in Cayman’s Island
- You don’t need a local person.
- Only one shareholder and one director is required
- Zero income tax, zero corporation tax, zero capital gains tax, zero property related tax.
- Business can be run from anywhere in the world.
- Zero initial capital required to form a company
- Zero annual return filing fee
- No need to submit accounts or annual return
- No Double Taxation Treaty access
- All documents are in the official language of English