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Background
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Anguilla is the most northerly of the Leeward
islands in the Eastern Caribbean, lying eight miles
north of the jointly Dutch and French administered
island of St Maarten/St Martin.
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The
capital of Anguilla is The Valley, located towards
the centre of the island. Although under
continuous British rule since 1650, Anguilla takes
its name from the French word describing its shape,
"anguille" meaning "eel".
Government
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Anguilla is a United Kingdom Overseas Territory.
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The
Government consists of a British appointed Governor,
who is the representative of Her Majesty the Queen,
and a constitutionally elected House of Assembly.
Elections are held at least once every five years.
Anguilla is a politically stable offshore corporate
domicile.
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Anguilla is a truly zero tax jurisdiction having no
income, capital gains, estate or other forms of
direct taxation on either individuals or
corporations.
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The
official currency of Anguilla is the Eastern
Caribbean (EC) Dollar controlled by the Eastern
Caribbean Central Bank. The US Dollar is also
readily accepted island-wide.
Legal
System
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Anguillian
law is based English common law, supplemented by
legislation promulgated by the House of Assembly.
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The
court system forms part of the Eastern Caribbean Supreme
Court with final appeal to the Privy Council in the
London.
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The
jurisdiction has a modern and comprehensive package of
financial services legislation which offers maximum
flexibility backed up by one of the most modern
computerised and interactive company registration
services in the world, ACORN.
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There
are no exchange controls.
Corporate Vehicles
Infrastructure
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Anguilla
has an excellent electronic communications network,
which is maintained by Cable & Wireless.
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The
jurisdiction is well served by international banks such
as The Bank of Nova Scotia. There two indigenous banks:
The National Bank of Anguilla and the Caribbean
Commercial Bank both of which offer offshore services.
Anguilla's Benefits
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There are no exchange controls
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Anguilla is a zero tax jurisdiction
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There is significant name availability
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Legislation is modern
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Specific Limited Liability Company
legislation
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Limited partnership legislation
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Government fees are low
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Instantaneous incorporation
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English common law base and political
stability
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