St. Vincent and Grenadines

St. Vincent and Grenadines

Introduction
Saint Vincent and the Grenadines is a southern Caribbean country, which consists of a mainland, St. Vincent, and a chain of smaller islands. Saint Vincent and the Grenadines (SVG) has great potential to develop its economy thanks to flexible regulations, an efficient legal system and macroeconomic stability.
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.
Requirements
For starting and running an international business company (IBC) in St. Vincent and Grenadines (SVG), there are some requirements that must be followed:
1. There must be at least one shareholder to establish an IBC in SVG. There is also no limit for the maximum number of shareholders in an IBC. Shareholders can be individuals or corporates, local residents or not.
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.
1. Meetings of shareholders and of directors can be anywhere, even outside of SVG.
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.
An International Business Company in SVG is among the entities with the highest confidentiality. Details of company shareholders and directors are not disclosed to the public.
Key Benefits  
Offering Packages
For your time and convenience, we offer you two packages: Standard and Advanced for incorporating St. Vincent and Grenadines, including services as below:
Services Standard Advanced
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
Share Certificates
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
Services
Free Name Application
Standard
Advanced
Company Incorporation Service Fee
Standard
Advanced
All Government fees due on Incorporation
Standard
Advanced
Local Registered Office Service
Standard

12 months

Advanced

12 months

Certificate of Incorporation
Standard
Advanced
Memorandum and Articles of Association
Standard
Advanced
Share Certificates
Standard
Advanced
Register of Shareholders
Standard
Advanced
Register of Directors and Officers
Standard
Advanced
Resolution of the Subscriber appointing Directors
Standard
Advanced
Resolutions of the Directors appointing Officers and issuing shares
Standard
Advanced
Professional Consultancy via Phone and Email
Standard
Advanced
Assistance on Opening of Company Bank Account
Advanced
Company Statutory Record & Company Kit
Standard
Advanced
Total fee (US$)
1,499       
1,998

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.