Complementary to the fact that Anguilla is a high-class tourist market , the Government and
the private sector jointly decided to follow a similar path for its international
financial services industry. This has led to the development of a bespoke rather than off-the-peg, flexibly but well regulated, and, probably most importantly "clean"
rather than "crooked", offshore industry operating in Anguilla's tax-free
environment.
As international trade becomes globalised, the
business community is presented with a bewildering number of choices as to the
ideal jurisdiction in
which to operate. Opting for a low or zero tax country is only one of many factors
affecting today's business decisions. Corporate situs is becoming competitively
significant as trade barriers fall and facilities such as the Internet become readily
available. Commodities such as intellectual property and data need no longer be maintained
in jurisdictions with oppressive fiscal and regulatory regimes.
- Anguilla is economically, politically and socially stable.
- Anguilla implements no direct taxation whatsoever -
no income, corporation, capital gains, estate, asset, gift or inheritance taxes.
- Anguilla has no exchange controls.
- Anguilla has modern legislation based on English common law.
- Anguilla has state of the art communications systems.
- Anguilla has easy air
access to Europe and the Americas.
- Anguilla has a well-regulated
financial services industry.
- Anguilla has competent local practitioners
including C.E.G. Limited.
- Anguilla has the worlds first, and only, fully
computerised Companies Registry facility (A.C.O.R.N.), which allows authorised agents,
from anywhere in the world, to incorporate and maintain companies 24 hours a day and every
day in the year.
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