International Business Company (IBC)

The International Business Company ("IBC") is most suitable when: a) the company's only business is, and is never intended to be anything else but international and b) it is not intended to carry on business in Anguilla, because of its ease of formation and limited reporting requirements.

An IBC may have one or more directors, each of whom may be any legal or natural person. It may purchase or redeem its shares and meetings may be held anywhere, physically, by telephone or other electronic means.

Further, treasury and bearer shares are permitted and there are no audit or financial statement requirements; share register inspection is restricted to registered shareholders; and domicile can easily be migrated to and from Anguilla.

An IBC may be used in conjunction with other entities, such as a trust, or various forms of partnership.