Offshore in Saint Vincent and the Grenadines

  • LLCs are not taxable in any form in Saint Vincent and the Grenadines.
  • Saint Vincent and the Grenadines does not have double taxation treaties with any other country, and Saint Vincent has no requirements for the filing of bylaws or disclosure of managers, members and attorneys, in fact in the Treasury or in any other country. 
  • Closed register of shareholders, directors and beneficiaries
  • A good choice for yacht registration.

1,100.00 €

Main Characteristics
Governing corporate legislation
Limited Liability Companies Act Chapter 151 and Act No. 36 of 2008.
Information published relating to company officers
No member or manager details to be filed on any publicly accessible register.
Confidentiality
St Vincent and the Grenadines offer a high level of anonymity and privacy. No officer name is disclosed to the registrar upon company registration.
Accounting requirement
No, however Part V of the Financial laws miscellaneous amendments Act 2014 requires the company to keep such records and documents (receipts, invoices etc.) as to record and explain the transactions of the LLC and enabling the LLC’s financial position to be determined with reasonable accuracy.
Taxation
A St-Vincent LLC is exempt from any form of taxation and withholding taxes in St-Vincent.
Legislation
SVG Limited Liability Companies legislation.
Standard currency
US$
Time to form
St Vincent has a fast and efficient registry: it takes about 24-36 hours to register a company.
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: UTC/GMT-4
Secretary required
No
Paid up capital requirement
No paid up capital requirement. The standard share capital is USD 10,000 but can be amended to fit your requirements.
Renewal Date
January 1st / each year
Basis of legal System
Under English Common Law.
Minimum directors/shareholders
Minimum of 1 manager/member
Bearer shares
Bearer shares not permitted