Anguilla, or "British Anguilla" is an attractive
jurisdiction to North America's private equity market; but what
other corporate options does it offer, and how is it different from
the BVI?
s legal system. It was one of numerous offshore jurisdictions in
the 1980s to base its company legislation on the BVI's flagship
act – the International Business Companies Act, which is the
statutory predecessor of the BVI Business Companies Act.
Anguillan law is a relatively unique blend of throwback 1980s
and forward thinking structures – Anguilla LLCs have been
around since 2000 and have found a niche market in the North
American private equity field.
Types of corporate entities
Unlike the majority of the offshore industry, Anguilla has not
repealed its IBC legislation. Most Anguillan companies are
International Business Companies (IBCs)
incorporated under the Anguillan International Business Companies
Act. There are numerous other organizational structures: