The Anguilla offshore foundation is a legal entity that can be created for charitable, non-charitable or ordinary purposes. It is an organization that can be created by one or more natural or legal persons. The Anguilla Foundation Act was passed in June 2008. As such it is a modern piece of legislation (a civil law concept) that enhances Anguilla’s offshore industry. Anguilla foundations are essentially asset protection and estate planning vehicles that integrates modern offshore legislation with the aged principles of foundations.

Key Features

Anguilla Foundation

Corporate Details

General

  • Legal System

( Hybrid)

  • Language

English

  • Time to Establish

1-3 Days

  • Registered Agent and Office

Yes

  • Foundation Legislation

Anguilla Foundations Act 2008

  • Type of Entity

Foundation

  • Taxation

No

Assets

  • Minimum Requirements

 $10,000

  • Beneficial Owner

Yes

Founder

  • Minimum No Founders

2

  • Nominee

Yes

  • Qualifications 1

An Individual or Legal Entity

  • Qualification 2

Beneficiary but not a sole Beneficiary

Foundation Council

  • Minimum No of Councillors

1

  • Qualifications 1

Founder may be a Councillor but not the sole Councillor

  • Qualification 2

May be natural persons or legal entities

  • Publicly Accessibility

No

Secretary

  • Local Requirements

Yes

Accounts

  • Requirements to Prepare

Yes

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes