What are the types of companies in Anguilla?

There are many different types of companies in Anguilla. Here are some of the types of companies that can be established in Anguilla:

1. Business (Sole Proprietorship): It is a simple type of company operated by one person and where the owner assumes all financial responsibility.

2. Partnership: It is a type of company established by making a partnership agreement between two or more people. Partners share the profits and losses of the company.

3. Limited Liability Company (LLC): It is a type of company in which the partners have limited liability. In this type of company, the personal assets of the partners are not put at risk due to the company's debts.

4. Company: Many companies established in Anguilla are generally companies engaged in trade, investment or financial activities. Companies are traded through stock or share ownership.

5. International Business Company (IBC): Anguilla adopts a ban allowing the establishment of IBCs. IBCs are often used for international transactions and provide low tax benefits.

6. Limited Guarantee Company: This type of company is established to serve a specific purpose and its members have limited financial liability. This type of company is often used for non-profit organizations. These are just some examples and more types of companies can be found in Anguilla. The choice of company type will vary depending on the goals, structure and needs of your business. It is important to obtain legal and tax advice before determining the company type.