Anguilla LLC
An Anguillan Limited Liability Company (LLC) is a hybrid entity that combines elements of a partnership and corporate structure; it provides limited liability to its owners, allowing an individual to run their business without risking personal assets.
An Anguilla LLC provides excellent asset protection and privacy regulations that ensure client confidentiality and security. An LLC protects personal assets the same way a corporation protects shareholder assets. If the LLC goes into default, its members cannot be sued for personal liability. Owners or members receive a share of the profits in proportion to their contribution, similar to that of a partnership.
Key Features
Anguilla LLC |
Corporate Details |
General |
|
|
LLC |
|
Yes |
|
Yes |
|
1 Business Day |
|
No |
|
No |
Share capital or equivalent |
|
|
US Dollar is commonly used |
|
Any |
|
N/A |
|
N/A |
|
N/A |
|
N/A |
Managers |
|
|
None required |
|
No |
|
No |
|
Anywhere |
|
Yes |
Members |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
No |
|
No |
Accounts |
|
|
Yes |
|
No |
|
No |
|
No |
Other |
|
|
No |
|
Yes |
Advantages
- There is no tax liability for an Anguilla LLC unless the members clearly choose to be taxed like a corporation
- An Anguilla LLC is a separate legal entity
- Members are not liable for the debts of the entity as members are protected with Limited Liability
- Members of an Anguilla LLC may be non-residents, physical persons, corporations, partnerships, or trusts
- Possibility of both ownership and management by Members
- Pass through tax structure–tax on revenue is passed on to its Members as income tax
- Availability of Continuation of foreign LLCs into Anguilla
- No auditing or requirements to submit financial records to the Register
The Valsen Advantage
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.