General Information

Anguilla, the most northerly of the Caribbean Leeward Islands, has a landmass of 91 sq km and was originally inhabited by, and was an important home island to, the Arawak Indians, an indigenous Caribbean race.

Anguilla supports a population estimated at 15,094. The Island is generally flat with occasional rainfall, but has the finest powder white sand beaches in the Caribbean. The official language is English; the primary industries are tourism (featuring numerous world class resorts and restaurants, catering to high net worth individuals from the United States, Europe and Latin America), financial services, boat building and fishing.

Infrastructure and Economy

Anguilla is located approximately one and a half hours south east of Miami, Florida, or four and a half hours south east of New York City. Communications facilities on Anguilla are exceptional, and expanding. International direct dialling, cellular connections, fax, modem, Internet, and dedicated e-mail service lines are all available.

Language

The official and spoken language is English.

Currency

Eastern Caribbean ($EC) dollar and $US dollar.

Exchange Control

There are no Foreign Exchange controls, and the US dollar circulates freely throughout the economy. Bank accounts can be maintained in US dollars in either personal or corporate savings accounts, checking accounts, CD’s, or other investment instruments.

Type of Law

Anguilla’s legal system is based upon English Common Law, with local modifications. The judiciary in Anguilla is independent of the Executive and Legislative branches, and is fully independent of political influence. Anguilla has, since 1992 (and specifically in 1994), introduced and adopted numerous pieces of modern financial service legislation. These laws were drafted with the involvement of all elected legislators, with the advice of the private sector practitioners, and the consent of British Government representatives.

Powers of a Company

An International Business Company has the full capacity of, and all rights, powers, and privileges of, a natural person.

Type of Company
IBC
Type of Law
Common
Shelf company availability
Yes
Our time to establish a new company
 1 hour
Minimum government fees (excluding taxation)
US$200
Corporate Taxation
Nil
Double Taxation Treaty Access
No
Standard currency
US$
Permitted currencies
Any
Minimum paid up
US$1
Usual authorised
US$50,000
Minimum number
One
Local required
No
Publicly accessible records
No
Location of meetings
Anywhere
Required
Optional
Local or qualified
No
Annual Tax Return
Yes
Audit requirements
No
Requirements to file accounts
No
Publicly accessible accounts
No

Renesis Financial Services Ltd (“Renesis”) is licensed by the Financial Services Commission in Mauritius to provide a comprehensive range of financial and fiduciary services to international clients.

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