General Overview. Being one of classical offshore jurisdictions with no direct taxation, Anguilla is an attractive country to private persons and corporate entities. It has not signed any double taxation treaties with other countries, and there are no exchange controls. Offshore company formation is fast and efficient, providing a significant level of flexibility. In addition, privacy and confidentiality are characteristic to the Anguillan business environment, as names of corporate directors and shareholders are not available to the general public.

Offshore Banking. The government of Anguilla constantly underlines the importance of developing financial services sector. There are several banks in Anguilla, which provide modern banking services to private and corporate entities worldwide. Banking industry is well regulated in Anguilla, and only those institutions which follow strict governmental rules can obtain a bank license. Generally, these are branches or subsidiaries of well-established entities with a long and successful track record, which can obtain a license and become offshore banks in Anguilla.

Trusts. In order to become a trust company and offer trustee services, a corporate entity should obtain a relative governmental license. A general and a restricted trust license may be issued, where the restricted one authorizes a trust company to provided services to a limited number of trusts, and it does not have minimum capital requirements. An offshore trust in Anguilla may be of any type permitted by law, and it may have a protector. Anguilla is a popular jurisdiction for trust creation purposes.