Claim: Anguillan company business and affairs are managed by a board of shareholders (one or more individuals or companies), who are chosen by the company members who legally own the company but do not have the power to dictate how the company should be managed.
Evidence: The business and affairs of an Anguillan company are usually managed by its board of directors. The members of the company are legally the owners of the company. Although they do not have the power to dictate to the directors how the company should be managed, they have the power to appoint and remove the board, the through this power they exercise indirect control. The board must consist of one or more persons, and these may be individuals or companies.