St. Vincent and Grenadine

St. Vincent and Grenadines is an island state in the Caribbean in the archipelago of the Lesser Antilles. The archipelago consists of St. Vincent and 32 coral islands of Grenadines. St. Vincent and Grenadines is a constitutional monarchy within the Commonwealth Realm. It is popular among investors for its high level of privacy, low acquisition price of offshore companies and beneficial tax environment.

The official language is English and Creole is widely spoken. The official currency is the Eastern Caribbean Dollar. The local legislation recognizes apart from International Business Companies („IBC“) also trusts.

Legal formInternational Business Company (IBC)
LegislationCommon Law
The International Business Companies Act 1996, as amended
Foundation timeOnce received all required documents from a client, a new IBC is incorporated within 5 days and documents are delivered within 3 weeks.
ShareholdersMinimum required: 1
Form: physical person/corporate body (both possible)
Nationality: Any (SVG nationality is not necessary)
DirectorsMinimum required: 1
Form: physical person/corporate body (both possible)
Nationality: Any (SVG nationality is not necessary)
Others: local director recommendable to ensure higher anonymity
Share capitalUsual authorized capital is 10.000USD, the minimum paid up capital is 1 USD
Bearer sharesAllowed (to be held by a custodian only, e.g. registered agent)
TaxesSVG’s International Business Company is not subject to income tax or fees for transfer of property, shares and others securities to/from the IBC. Shareholder´s income derived from the IBC activities is not subject to tax either.
Others: The income of the IBC is not subject to tax provided the IBC does not trade, does not own real estate, does not provide registered office services and does not carry on insurance services in SVG.
AccountancyFiling of accounts not required
AuditNot required
Anonymity and confidentialityDetails of ultimate beneficial owners/shareholders/directors are not part of public record. This information is only known to the licensed Registered Agent and is therefore kept in complete confidentiality.
OtherRegistered office: Must be maintained in SVG
General meetings: Can be held anywhere in the world
Company secretary: Optional
Shelf companies: Yes

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Our services fulfill Czech Standard - ČSN EN ISO 9001 & Czech Standard - ČSN ISO/IEC 27001