St. Vincent and Grenadines
The largest and most important sector of the economy is agriculture. The service sector is mainly based on tourism, which is still in the developing stage. Therefore, SVG could be an ideal location for service start-ups.
In St. Vincent and Grenadines, an offshore company is called an international business company.
• Corporate Requirements
2. Each company must have and maintain at least one director. Directors of an IBC can be individuals or corporates, local residents or not. There is also a limit for the maximum number of directors.
3. A local secretary is not required for an IBC in SVG; however, a local registered agent is mandatory. The company must also appoint an auditor.
4. An IBC’s registered office can be anywhere, even outside of SVG.
5. There is no requirement for the minimum authorized capital. The authorized capital can be denominated in any currency.
The Standard Authorised Capital is US$ 10,000, with 10,000 shares of US$ 1.
An IBC can issue shares without par value but is not allowed to issue bearer shares.
• Annual Requirements
2. An IBC in St. Vincent does not have many annual responsibilities. It is not required to file an annual tax return or annual accounts.
- Political and economic stability;
- Only some basic requirements for incorporation;
- High level of confidentiality;
- Completely tax free. Whether it is a corporate tax, income tax, withholding tax, capital gain tax or others, international business companies in SVG are not subject to it.
|Free Name Application|
|Company Incorporation Service Fee|
|All Government fees due on Incorporation|
|Local Registered Office Service||12 months||12 months|
|Certificate of Incorporation|
|Memorandum and Articles of Association|
|Register of Shareholders|
|Register of Directors and Officers|
|Resolution of the Subscriber appointing Directors|
|Resolutions of the Directors appointing Officers and issuing shares|
|Professional Consultancy via Phone and Email|
|Assistance on Opening of Company Bank Account|
|Company Statutory Record & Company Kit|
|Total fee||US$ 1,499||US$ 1,998|
|Setup Company||Setup Company|
Beside the company incorporation service, we also provide Offshore Bank Account Assistance of numerous banks in the world and Other Services necessary for any offshore company.
For any further questions, feel free to Contact Us for more details.