Coat of arms of Saint Vincent

Offshore company formation in Saint Vincent

KEY FEATURES

Key features of the international business company are as follows:

STEPS TO FORMING A COMPANY

What are the steps to forming a Saint Vincent company?

In order to start the company opening procedure, please submit the following:

Opening an offshore bank account

We offer you the service of assisting in opening a bank account. For more information, please visit our Bank Accounts page.

PRICING

Price list

The price depends on the type of service you want to use

Find out more about what we can do for you…

FAQ

Frequently asked questions

Part of the Windward Islands located in the Eastern Caribbean, about 1,600 miles southeast of Miami, St. Vincent is the largest of the more than 30 islands that comprise the nation-state of Saint Vincent and the Grenadines. The Grenadines consist of a group of islands extending approximately 45 miles to the southeast of St. Vincent. The major islands are Bequia, Mustique, Canouan, and Union Islands.
The legal system is based on the British legal system including appeals to the Privy Council based in the United Kingdom.
Saint Vincent and the Grenadines became an independent nation in 1979 and should be a natural choice for persons wishing to protect personal wealth and assets by going offshore.
The legal system is based on the English Common Law supplemented by Local Legislation.

Saint Vincent and the Grenadines International Business Company has become the vehicle of choice for persons wishing to take advantage of the rapidly expanding offshore market. The International Business Companies Act 1996 is considered by legal experts to be a unique and innovative piece of legislation that contains provisions not found in similar legislation in other jurisdictions.

An IBC incorporated in Saint Vincent and the Grenadines enjoys the following advantages:

  • There is no requirement for the filing of by-laws or for disclosure of directors, shareholders, and attorneys of fact with the Offshore Finance Authority or any other entity
  • Exemption from any corporate tax, income taxes, withholding tax, capital gains tax, or other like taxes on the income or assets of the IBC for 25 years
  • Exemption from inheritance and succession duties or any other form of gift tax on the estate of a shareholder
  • Exemption from tax on any dividend or distribution to any other company, individual, trust or any other entity
  • All information filed with the Offshore Finance Authority is protected by the most restrictive of all the Confidentiality Acts presently in force in offshore jurisdictions.
  • Exemption from any corporate tax, income taxes, withholding tax, capital gains tax, or other like taxes on the income or assets of the IBC for 25 years
  • Exemption from inheritance and succession duties or any other form of gift tax on the estate of a shareholder
  • Exemption from tax on any dividend or distribution to any other company, individual, trust or any other entity

Nominee Service consists of Nominee Director and/or Nominee Shareholder. Both, Nominee Directors and Shareholders are available in St. Vincent.

No requirement for the filing of annual reports or accounts with any government authority in SVG
  • Certificate of Formation
  • Certificate of Exemption from Import Duties
  • Certificate of Exemption from Direct Taxes
  • Membership Certificate
  • Corporate Resolution
  • Articles of Formation
  • Operating Agreement

 

The identity of beneficial owners, shareholders, and directors is not required to be filed in any public record unless the directors elect to do so.
Saint Vincent and the Grenadines have taken the bold step of providing the offshore market with the Preservation of Confidential Relationships (International Finance) Act 1996. This Act is by far the most restrictive confidentiality law in existence in the world today and is designed to ensure that the privacy concerns of persons wishing to do business in Saint Vincent and the Grenadines are fully addressed. It is the only one of three general financial privacy laws in the world and the only one found in an independent sovereign nation. General financial privacy laws protect against the disclosure of confidential information worldwide.

A name that is similar to or identical to an existing company. A name that implies illegal activities. A name that implies royal or government patronage.
Names can be expressed in any language using the Latin alphabet if the Registrar of Companies is in receipt of an English translation and the name is not considered undesirable. Chinese names are possible.
Names Requiring Consent or a Licence: Bank, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment fund, trust, trustees, Chamber of Commerce, university, municipal or their foreign language equivalents.

For St. Vincent IBC we can assist you with the bank account opening in St Vincent or internationally. The banks we cooperate with are reliable financial institutions with a long tradition in private and corporate banking. Our clients are provided with excellent customer service, online banking, Visa and/or Master cards, and other services, such as factoring, foreign exchange, savings, and specialized banking solutions.

TESTIMONIALS

What our clients say

Serving our clients—including corporations, private equity firms, government organizations—is a privilege.

Call us and we will start the process of opening a company today or schedule a consultation if you have any doubts

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