International Business Companies
International Business Company Law
The International Business Company Act 2005 sets the framework for the incorporation, regulation and supervision of IBCs in Anjouan. The new legislation is flexible, innovative and user friendly, and allow business to be carried out in an efficient manner.
Formation of companies
Application for an IBC shall be submitted through Anjouan Corporate Services Ltd to the Registrar of International Business Companies on the prescribed application form together with the necessary due diligence documents below. The law states that companies registering or licensing in Comoros must appoint a local representative or registered agent, who in turn must have the specific authorisation to engage in such business.
The only current authorised agent is Anjouan Corporate Services Limited.
Services
Notice:
Please be aware that there are many Internet sites offering Anjouan Licenses and other Anjouan services and claiming to be authorised by the Anjouan Government, you should check the validity by checking on the Government web site where many of these unauthorised companies are listed http://www.anjouangov.com/legalnotice.htm or simply email info@anjouangov.com
An IBC (International Business Company) provides confidentiality and is suited for holding and managing private assets. The IBC is not resident for tax purposes. Anjouan offers the cheapest and fastest IBC incorporation in the world. An IBC can be formed in less than 24hrs. ( subject to due diligence )
International companies are regular companies, which can be incorporated for any purpose but may not carry out business anywhere in Anjouanor with any Anjouan citizen . They are not subject to any taxes or reporting requirements whatsoever.
A special licence is required in order to carry on banking, insurance, gaming, & brokerage. Corporate endings in most languages are acceptable, including: Corp, Inc, Ltd, Kft, GmbH, PLC, BV, SPRL, SARL, NV, BVBA, SA, RT, AG LLC…etc
Companies are usually limited by share capital, but may also be limited by guarantee, or, unusually, by both.
The minimum number of shareholders is one who can be an individual or a company. Documentation is available in English, but can be produced in French if required at an extra cost. An IBC must at all times have a registered agent approved by the Anjouan Offshore Finance Authority. Anjouan Corporate Services Ltd is the only authorised agent.
An IBC May not hold immovable property in Anjouan.
KYC and Due Diligence
Please submit the following documents for each of the beneficial owner, director, manager, authorised signatory, shareholder/member of the Entity or agent under power of attorney.
(a) For Individual
A certified copy of passport or current driving licence or national identity card showing the name, date and place of birth, nationality, signature of holder and data of issue/expiry. The document must be certified by a banker, lawyer or actuary or notary or accountant holding a recognized professional qualification.
Proof of residential address. Acceptable evidence includes an original utility bill, bank or credit card statement.
Original Bank Reference.
(b) For Corporate/Partnership
Certificate of incorporation or registration and the memorandum and articles of association or constitution or deed of partnership or Act de Société as the case may be. Document has to be certified by banker, lawyer or actuary or notary or accountant holding a recognized professional qualification.
Original Bank Reference.
A certified true copy of latest audited account or annual report.
A Certificate of good standing (for Société).
List of substantial shareholders (who hold not less than 5% of the voting power exercisable at the meeting of shareholder/member) and a list of directors, and corporate structure. A certified copy of Board resolution granting authority to its managers, officers or employees to transact business on its behalf.