Tax and accounting regulations

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TAX AND ACCOUNTING REGULATIONS

SUMMARY OF REQUIREMENTS FOR A ANGUILLA IBC

General Information

Type of Company

IBC

Timescale to
incorporate

2 working days

Corporate Taxation

Nil

Double Tax Treaty Access:

No.

Directors

Minimum No. Required

1, Corporate Directors are permitted

Local Director Required

Publicly accessible information

Location of Meetings

Anywhere

Shareholders

Minimum No. Required

1, 100% foreign shareholders allowed

Publicly accessible information

Location of Meetings

Anywhere

Company Secretary

Required

Optional

Local Secretary Required

N/A

Registered Office / Agent Required

Yes

Share Capital

Standard Currency

USD

Standard Authorised

USD 50,000.00

Minimum Paid Up Capital

USD 1.00

Accounting & Compliance

Requirements to prepare Accounts

Yes

Requirement for Audit

Local Auditor Required

N/A

Requirement to File Accounts

Requirement to file Annual Return

Additional Information

Bank Account Opening

Eltoma Corporate Services can open a bank account in Cyprus for a Anguilla Company without presence. We can also offer bank accounts in a number of other jurisdictions, please contact us for information.

All people are equal before the law. A good attorney.

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