The Trusts Ordinance, which has its roots in English trust law, provides a framework so flexible that the only limitation to its use is the imagination of the trust practitioner. Specifically, the Ordinance allows commercial or charitable purpose trusts, unit trusts, spendthrift trusts, asset protection trusts and what are termed variant trusts. The provision for variant trusts allows a settlor to create a trust (in whatever form and by whatever name) of a type recognized by the law or rules of his religion or nationality or which is customarily used by his community.

Key features

Anguilla Trust

Corporate Details

General

  • Type of entity

Trust

  • Type of law

Follow English Trust law

  • Our time to establish a Trust

1 Day

  • Local Agent

Yes

  • Taxation of trust assets

None

  • Shelf Trust

No

  • Annual General Meeting Requirements

No

  • Minimum Capital

No

  • Restriction on Investment of Trust asset

No

  • Exchange control

None

  • Succession

As per Trust Deed

Settlor

  • Resident

Must be non-resident of Anguilla

  • Public Records

No

  • Property

No property situated in Anguilla can be part of the Trust asset

  • Jurisdiction

Anguilla Supreme Court

  • Forced heirship applicable

No

Trust asset

  • Restriction on type/amount

No, except property situated in Anguilla

 Trustee   

  • Minimum number

1 if corporate and 2 or more if not corporate

  • Qualification

Minimum one Anguillan resident

Accounts

  • Requirement to file

No

  • Publicly accessible

No