ANGUILLA

Status:	Stable British Dependent Territory
Area, sq.km:	91
Population:	12 000 (2001 July)
Capital:	The Valley
Business language:	English
Currency:	East Caribbean Dollar (XCD)
Location:	Caribbean Island, east of Puerto Rico
Time zone:	GMT - 4

INCORPORATION DATASHEET
Advantages:	Low taxes, Traditional IBC company can be registered
Disadvantages:	Blacklisted in many EU countries
Company status:	International Business Company
Corporate legislation source:	International Business Companies Act
Company name:	All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation:	3-4 weeks
Minimum number of directors:	1
Usual minimum capital:	1 USD
Are accounts required:	No
Minimum number of shareholders:	1
Type of shares:	Bearer or Registered
Annual tax and duties:	200 USD
What information is available on the public file:	Registered office, registered agent, Memorandum & Articles of Association
Non-public information:	Directors, shareholders
Registered Office:	Local registered office is required by law
Registered Secretary/Agent:	Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee:	390 USD
Notarial certification:	150 USD
International authentication (Apostille):	250 USD
Legal expenses, filing fees and stamp duties:	250 USD
Issuing of share certificates and initial minutes and forms:	100 USD
Corporate seal:	50 USD
Courier fees:	50 USD
Subtotal:	995 USD
ANNUAL FEES *
Registered office and registered agent:	795 USD
Annual tax and duties:	200 USD
Subtotal:	995 USD
Total:	1990 USD

* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 995 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1990 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person):	690 USD
Nominee Director (corporate body):	395 USD
Nominee Shareholder:	290 USD
Power of Attorney:	390 USD
Notarial Certification:	160 USD
Certificate of Good Standing:	330 USD