ACORN went live on 16 November 1998. The system allows a user to submit electronically all of the documents that currently require physical filings with the Anguilla Companies Registry. Registered users are provided with secure digital encrypted access to the system supplemented by individual user password controls.
The ACORN menu allows a user to choose one or more of the following functions:
This enables a user to:
This can be done alphabetically, phonetically or on a key-word basis. This system gives immediate confirmation as to whether a name is free, not free or reserved.
A free name may be reserved for 10 days without charge or for a longer period upon payment of the reservation fee. The system allows multiple searches and reservation (initially up to 20 names) and the names of companies and their articles can also be incorporated in foreign languages.
Incorporation online has been made as straightforward as possible:
Once completed, the screen will provide the user with the registration document for checking and final submission. On submission, the certificate of incorporation appears immediately on screen and can be printed out.
The whole registration process is simplicity itself. For each of the corporate vehicles and limited partnerships, a sub-menu is available which lists all documents and registry activities, which the relevant legislation either permits or requires the company or partnership to file. In each case, the system takes the user through each process with a help button and a legislation reference button which is available at all times.