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
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Anguilla Foundation |
Corporate Details |
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General |
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( Hybrid) |
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English |
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1-3 Days |
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Yes |
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Anguilla Foundations Act 2008 |
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Foundation |
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No |
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Assets |
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$10,000 |
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Yes |
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Founder |
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2 |
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Yes |
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An Individual or Legal Entity |
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Beneficiary but not a sole Beneficiary |
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Foundation Council |
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1 |
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Founder may be a Councillor but not the sole Councillor |
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May be natural persons or legal entities |
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No |
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Secretary |
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Yes |
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Accounts |
|
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Yes |
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Yes |
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Yes |