Private Funds are mutual funds whose constitutional documents specify that they will have no more than 99 members. The documents must also specify that an invitation to subscribe for or purchase shares issued by the mutual fund must not be made to the public. Exemption from registration or recognition is given to a family trust fund as defined in the Act.

Anguilla Private Fund License Key Features

  1. No more than 99 members
  2. The documents must also specify that an invitation to subscribe for or purchase shares issued by the mutual fund must not be made to the public.
  3. Exemption from registration or recognition is given to a family trust fund as defined in the Act.

Anguilla Private Fund License Legal Requirements

Anguilla Private Fund License

Corporate Details

General

  • Type of Entity

Private  Fund

  • License application fee

USD 700

  • Annual license fee

USD 700

  • Local physical office required

No

Share capital or equivalent

  • Minimum subscription

None

  • Minimum investors

99

Directors

  • Minimum number

2

  • Corporate directorship allowed

Yes

  • Local director required

No

Service Providers Required

  • Custodian

Optional

  • Fund manager/Investment manager

Yes

  • Fund administrator

Yes (from Anguilla)

  • Audited Accounts

No

Anguilla Private Fund License Tax Treatment

There are no income, capital gains, estate, profit or other forms of direct taxation on either individuals or corporations, whether resident in Anguilla or not. 

Duration to set up

Around 3 Weeks

Distinctive Benefits of Anguilla Private Fund Licence

  • Anguilla Private Fund has Full tax exemption
  • Anguilla Private Fund has No reporting requirements
  • High confidentiality (closed the register of shareholders and directors)
  • Anguilla Private Fund has the ability to use nominee services
  • Anguilla has a high economic and political stability
  • Well-regulated and qualified financial services industry

Why US (Key Strengths)

  1. We will advise you on the optimal legal structure for your requirements, size, expectations and circumstances.
  2. Valsen will assist to complete every form for each process in the best way we know how (Based on our many years’ experience with various regulators and service providers across the world)
  3. We are very hands on in the post filing period checking with the regulator and service providers and updating you regularly.
  4. Any queries raised by the regulators and service providers during processing will be quickly synthesized by us and we shall craft the right responses to move the process forward fast.
  5. We can provide you with fit and proper directors in case you need.
  6. We have a full in-house compliance support for all compliance requirements with the regulator and service providers