Is Anguilla a tax haven?

Anguilla is a tax haven in its truest sense. This British Overseas Territory offers the lowest tax rates in comparison to international standards. In particular, Anguilla income tax rate and corporate tax rate is 0% for both its residents and non-residents. In addition, other Anguilla taxes such as capital gains tax, inheritance tax, and gift tax are exempt for every company conducting business here. In order to manage the highly competitive tax rates, Anguilla’s government relies on custom duties and luxury tourism as the main incomes of the territory.

Being a reliable tax haven, Anguilla also provides businesses with nominee services without having to worry about the financial auditing or reporting process, along with another degree of confidentiality and privacy to an already exceptional offshore environment.

In Anguilla, Limited Liability Company (LLC) and International Business Company (IBC) are two of the most popular business structures. Both apply the same favorable tax rates, specifically:

• Corporate tax rate: 0%
• Income tax rate: 0%
• Inheritance tax rate: 0%
• Gift tax rate: 0%
• Capital gains tax rate: 0%
• Estate tax rate: 0%
• Stamp duty rate: 0-5%.
• Property tax rate: 0.75%
• Land transfer tax rate: 5%