Business Corporations

Stand Alone

$1,200.00Add to Order

$1,700.00Add to Order

* Nominees will be accepted only for specific cases with holding companies

$2,400.00Add to Order

* Bank service is non refundable, and approval cannot be guaranteed

$2,900.00Add to Order

* Nominees will be accepted only for specific cases with holding companies

** Bank service is non refundable, and approval cannot be guaranteed

Business Corporation in Saint Vincent and the Granadines

St. Vincent and the Grenadines is considered to have one of the most restrictive confidentiality laws and strong asset protection to make business and investment. BCs are regulated by the International Business Companies Act of 2007.

Besides strong asset protection, other advantages of incorporating a BC in SVG are:

  • It has no double taxation treaty with any country. All information concerning commerce / trading activity is not passed to a Revenue Authority
  • Low incorporation and annual fees
  • Fast incorporation, generally in two days
  • Foreigners can incorporate a BC and own all the shares
  • BC’s have the option to incorporate as an LLC
  • Territorial taxation, thanks to the Income Tax (Amendment) Act of December 30th, 2020, meaning that Business Corporations are exempted of income tax on offshore sourced income

Requirements:

  • Only one shareholder is required
  • A minimum of one director is required
  • No minimum capital is required
  • A company secretary is not required
  • Company meetings can be held anywhere
  • Documents of incorporation: Name of the company and the Director(s), officer name, number of shares to be issued, names of shareholder(s), the currency (or currencies) in which shares will be issued. The only required documents are signed forms and the notarized copy of passport, second id and utility bill.
  • Registration with the Inland Revenue Department

Trading Restrictions

A BC registered with the FSA cannot have commercial activities in SVG. To conduct local business it must be registered with the Commercial Intellectual Property Office (CIPO).

Activities such as International Banks, Forex and Stock Brokers, Mutual Funds, Pension Management, Insurance Companies, and related financial activities must obtain the respective license from the relevant authorities.

St. Vincent’s FSA does not issue Forex or Stock Brokerage licenses.

What information is publicly available?

The Registrar of Saint Vincent & the Grenadines will have the following information: articles of incorporation, bylaws, certificate of incorporation and related company’s certificates, along with the declared information for the Directors and Shareholders.

This information is available ONLY when requested in person at the offices of the Financial Services Authority in Kingstown, Saint Vincent and the Grenadines, and released to authorized government agencies only, or to third parties on a case by case scenario subject to the Registrar’s review and approval

Suffixes allowed in the name of BCs

Consider one of the following five points when naming your corporation.

  • “Limited” or the abbreviation “Ltd”
  • “Corporation” or the abbreviation “Corp”
  • “Incorporated” or the abbreviation “Inc”
  • “Sendirian Berhad” or the abbreviation “Sdn Bhd”
  • “Société a Responsabilité Limitée” or the abbreviation “SARL”
  • “Société Anonyme” or the abbreviation “S. A.”
  • “Sociedad Anonima” or the abbreviation “S. A.”
  • “Besloten Vennootschap” or the abbreviation “B.V.”
  • “Gesellschaft mit beschrãnkter Haftung” or the abbreviation “GmbH”
  • “Naamloze Vennootschap” or the abbreviation “N.V.”
  • “Société par Actions” or the abbreviation “S.p.A.”

Refer to: Chapter 149 – IBC Amendment and Consolidation Act

2.The name of an unlimited company shall end with the word “Unlimited” or the abbreviation “Unltd”.

  • “Limited Duration Company”
  • “LDC”
  • “(LDC) Limited”
  • “(LDC) Ltd”
  • “Segregated Cell Company Limited”
  • “Segregated Cell Company Ltd”
  • “SCC Limited”
  • “SCC Ltd”

Prohibited Words and Expressions

Likewise, there are certain words you can’t use when naming your future corporation.

  • Assurance, Assurance Broker, Assurer, Authority,
  • Banc, Banca, Bancaria, Bancaire, Bancario, Banco, Bancomer, Bancorp, Bancos, Bangko, Bank, Banka, Bankas, Bankasi, Banke, Banken, Banker, Bankhaus, Banki, Bankiers, Banking, Bankin’ny, Bankirsky, Bankos, Bankverein, Banky, Banque, Banquier, Banquiers, Building Society,
  • Casualty, Chamber of Commerce, Charity, Charitable, Co-operative, Co-op Credit, Creditbank, Credit Union, Creditanstalt, Credito
  • Discontobank
  • Friendly Society, Fiduciary, Fund
  • Gennossenschaftsbank, Girobank, Girozentrale, Government, Great Britain
  • Guarantee
  • Handelsbank, Hypothekenbank
  • Indemnity, Insurance, Insurance Broker, Insurer
  • Kantonalbank, King, Kontrolbank, Kretit, Kredietbank
  • Landesbank, Lottery, Lotto
  • Majesty
  • Nationalbank
  • Pankki, Patent, Patent Office, Police, Post Office, Prince, Princess, Privatbank
  • Queen
  • Raiffeisenbank, Re-assurance, Re-assurance Broker, Re-assurer, Red Cross Re-insurance, Re-insurance Broker, Re-insurer, Royal, Royale, Royalty
  • Sparbank, Stock Exchange, Surety
  • Trade Union, Trust, Trustee
  • Underwriter
  • Vereinsbank, Volksbank.

Bank Accounts and Brokerage Accounts Services

We have connections with banks and brokerage companies in the USA, Panama, Bahamas, St Lucia, Uruguay, Brazil, Andorra, Malta, Cyprus, Georgia, UK, South Africa, Hong Kong, Australia and Singapore, to provide secured, reliable and private Investment Trusts options, via self managed bank accounts and brokerage accounts or by managed accounts under our Trustee License.

Open your BC today!

Contact us today to better understand your needs and we will be glad to assist you.

Certificate Samples