Saint Vincent and the Grenadines – IBC Company Incorporation:

Company formation in Saint Vincent and Grenadines has been a popular choice for many people due to unique advantages it offers. Saint Vincent and the Grenadines is an independent nation and became independent in 1979. It is a full member of the British Commonwealth, the United Nations, the Organization of American States, the International Labour Organisation, CARICOM, and the Organization of Eastern Caribbean States.

Confidential Information

Points to highlight:

  • No requirement to disclose the names of beneficial owners, directors or officers.
  • Directors can be Corporate entities.
  • Saint Vincent confidentiality laws

Any information about a person or entity unless specifically described in the Act. The law applies on a worldwide basis, as any consent given under the compulsion or direction of a foreign court shall not constitute consent for the purpose of compliance of the Act.

St. Vincent International Business Companies

Company names must include a designation or abbreviation that signifies limited liability. Foreign denotations such as Aktiengesellschaft, Anonima, Societe Anonyme or the abbreviations such as A/S, SA, AG, GmbH, NV and BV are allowed.

The Regulatory Authority – Structure and Function

The International Financial Services Authority was created by Parliament to institute a new system to manage, direct control and supervise the offshore financial services industry in this country. Its role is clearly defined by the governing stature. The Saint Vincent and the Grenadines Offshore Finance Authority Act, 1996. The business of The Authority is under the direction of a five-member board of directors.

Key advantages of company formation in Saint Vincent and Grenadines:

The are many key advantages of company formation in Saint Vincent and Grenadines:

  • Shares can be issued in any currency.
  • No disclosure of directors or shareholders to the registry.
  • No corporate taxes, withholding taxes, capital gains taxes in St Vincent for 25 years.
  • Can transfer domicile out of the jurisdiction or re domicile into St. Vincent.
  • Incorporate within 3 days.

Saint Vincent and Grenadines

  • Shares may have any rights, privileges and limitations agreed in statutes.
  • Any word can be used to imply limited liability - SA, Sàrl, Limited, GmbH etc.
  • Exemption from Stamp Duty on property transactions or share transactions for 25 years.
  • Statutes need not be filed.
  • Provision for meetings of Directors and shareholders can be held by telephone anywhere in the world.
  • Limited Duration Companies are permitted.

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