Tax and accounting regulations

Summary of Requirements for a Anguilla IBC

General Information
Type of CompanyIBC
Timescale to incorporate2 working days
Corporate TaxationNil
Double Tax Treaty Access:No.
Directors
Minimum No. Required1, Corporate Directors are permitted
Local Director RequiredNo
Publicly accessible informationNo
Location of MeetingsAnywhere
Shareholders
Minimum No. Required1, 100% foreign shareholders allowed
Publicly accessible informationNo
Location of MeetingsAnywhere
Company Secretary
RequiredOptional
Local Secretary RequiredN/A
Registered Office / Agent RequiredYes
Share Capital
Standard CurrencyUSD
Standard AuthorisedUSD 50,000.00
Minimum Paid Up CapitalUSD 1.00
Accounting & Compliance
Requirements to prepare AccountsYes
Requirement for AuditNo
Local Auditor RequiredN/A
Requirement to File AccountsNo
Requirement to file Annual Return No
Additional Information
Bank Account OpeningEltoma 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.