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The International Business Companies Act was legislated on 16 October 2000 (IBC Act). This Act provides progressive legislation with flexible company structures and efficient incorporation procedures. The privacy of shareholders is guaranteed under the Act. Overall, Anguilla as an offshore business center is among the best in the world, and a truly tax free jurisdiction.
Ordinary companies or corporations incorporated in Anguilla can be used as financial vehicles for investment and asset protection purposes.
Anguilla International Business Companies offer simple management of flexible and cost-effective companies. Corporate entities that are incorporated outside Anguilla can continue as International Business Companiesin Anguilla if the continuing company´s jurisdiction allows the company to relocate in another jurisdiction.
Anguilla limited liability companies are characterized as having free transferability of interest, centralized management, limited liability and continuity of life.
International Business Companies that do not carry out business activities in Anguilla shall not be subject to any corporate tax, income tax, withholding tax, capital gains tax or other similar taxes based upon or measured by assets or income originating outside Anguilla or in matters of company administration which may occur in Anguilla.