Incorporate in Saint Vincent & The Grenadines
Set up a Saint Vincent & The Grenadines Company
Business Company (BC)
Business Companies in St. Vincent have one of the simplest and straightforward registration procedures.
Requirements for a BC are minimal. No minimum paid-up capital required, the company may be incorporated with a sole shareholder and a sole director and annual general meetings are not mandatory.
Appointment of secretary is optional. It can be administered from St. Vincent or from any part of the world, and its books and records may be kept outside the territory.
BCs are allowed to issue registered shares, with or without par value, with voting or non-voting rights.
Shareholders and directors’ details of an IBC are not filed in any public registry.
Limited Liability Company (LLC)
Limited Liability Companies in Saint Vincent and The Grenadines are hybrid entities with separate legal personality and limited liability of its members but with greater structure flexibility than a corporation and taxed as a partnership.
There may be incorporated as a single-member LLCs, and there are no company structure requirements for its management, nor are there provisions for company meetings, directors, secretary, or capital. Its operating agreement may be arranged by its members according to their needs.
Saint Vincent and The Grenadines LLCs are vehicles commonly used for asset protection and investment structures.
Learn more about incorporating in Saint Vincent & The Grenadines:
In Saint Vincent and The Grenadines, the two most common corporate structures are the Business Company (previously, International Business Company or IBC), incorporated under the Business Companies (Amendment and Consolidation) Act (previously, the International Business Companies Act), and the Limited Liability Company (LLC), registered under the Limited Liability Companies Act.
Since 2019, we mainly incorporate limited liability companies as they still maintain tax-exempt status in Saint Vincent and The Grenadines.
Saint Vincent and The Grenadines Company (BC/LLC) Formation – USD 1,600.00 (All Included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Saint Vincent and the Grenadines Company, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees.
Saint Vincent and The Grenadines Limited Liability Company (LLC)
- All applicable Registration and Government Fees (Registrar of Companies, SVG Financial Services Authority)
- Acting as the Organizer of the Limited Liability Company
- Preparing the Articles of Organization, and filing them with the Registrar
- Preparing the company Operating Agreement (including unlimited reviews)
- Preparing and executing designation and acceptance of Registered Agent
- Preparing the Organizational Meeting Minutes
- Preparing the Managers’ Consent Letter
- Providing the Certificate of Formation and Stamped Articles of Formation
- Providing the Certificate of Exemption from Direct Taxes, and the Certificate of Exemption from Import Duties
- Preparing the Register of Members and Register of Officers
- Preparing the Ownership Certificates
- Appointing Registered Agent
- Appointing Registered Office
- Delivering Original, and Notarized copies (upon request) of the Corporate Documents via Courier, inclusive of Courier fees
Saint Vincent and The Grenadines Business Company (BC)
- All applicable Registration and Government Fees (Registrar of Companies, SVG Financial Services Authority)
- Acting as the Incorporator of the Business Company
- Preparing Articles of Incorporation, and filing them with the Registrar of Companies
- Preparing the company Bylaws, and executing them as the Incorporator
- Preparing the Incorporation and Organizational Meeting Minutes
- Preparing the Directors’ Consent Letter and Resolution for the appointment of the First Director(s)
- Providing the Certificate of Incorporation and Stamped Articles of Incorporation
- Providing the Certificate of Exemption from Import Duties
- Preparing the Register of Shareholders and Register of Directors
- Preparing the Share Certificates
- Providing Registered Agent Services for the calendar year
- Providing Registered Office Services for the calendar year
- Delivering the Corporate Documents via Courier, inclusive of Courier fees
Time to form
It generally takes us one day to prepare and file the Articles of Incorporation/Articles of Formation and prepare the related corporate documentation and 1 to 5 days for the Registrar to issue the Certificate of Incorporation/Formation.
Bank Account Opening Services (Optional)
We can assist you in open bank accounts for companies in the following offshore jurisdictions:
Antigua Bank Account - USD $ 300.00Antigua Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsGlobal Bank of CommerceUSD 25,000YesUSD, EUR, GBPYesDBankUSD 10,000YesUSD, EURYesNorth International BankUSD 5,000YesUSD, EURYes
Bahamas Bank Account - USD $ 500.00Bahamas Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDeltecUSD 1,000,000NoMulticurrencyYesCIBC FirstCaribbean International BankUSD 100,000YesMulticurrencyYesEFG BankUSD 1,000,000NoMulticurrencyYesCapital Union BankUSD 1,000,000NoUSDYesHigh Turnover Individuals, Family Offices, Fund Managers and Asset Managers only
Belize Bank Account - USD $ 300.00Belize Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCaye BankUSD 1,000YesUSD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOKYesHeritage BankUSD 3,000YesMulticurrencyYesBelize Bank InternationalUSD 4,000NoEUR, GBP, USDYes
BVI Bank Account - USD $ 900.00BVI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsVP BankUSD 250,000NoMulticurrencyYesBank of AsiaUSD 20,000NoUSD, GBP, HKDYes
Cayman Islands Bank Account - USD $ 700.00Cayman Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCIBC FirstCaribbean International BankUSD 25,000NoUSD, CAD, CHF, EUR, GBP, JPY, AUDYesCayman National BankUSD 100,000YesUSD, EUR, GBP, CAD, AUD, JPY, SEK, CHFYesNCB Cayman LimitedUSD 100,000YesUSD, EUR, CAD, GBPYes
Cook Islands Bank Account - USD $ 600.00Cook Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Security BankUSD 20,000YesUSD, EUR, GBP, CAD, NZD, AUD, SGD, HKDYesClients can have a corporate account for operational purposes only if they open an investment account as well.
Curaçao Bank Account - USD $ 500.00Curaçao Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCIBC FirstCaribbean International BankUSD 7,500NoMulticurrencyYesExprinter International Bank N.V.USD 100,000YesMulticurrencyYes
Dominica Bank Account - USD $ 300.00Dominica Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsEqiBankUSD 15,000YesUSD, EUR, GBPYesKingdom BankN/ANoEUR, USDYesSWIFT transactions are carried out only through a pool account in the name of the bank.
EMI Bank Account - USD $ 300.00EMI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUK EMI AccountN/ANoEUR, GBPYesLT EMI AccountN/ANoMulticurrencyYesMT EMI AccountN/ANoEURYesCA EMI AccountN/ANoEURYesKZ EMI AccountDepending on category.NoMulticurrencyYesHK EMI AccountN/ANoUSD, EUR, GBP, HKDYesCurrently, the Neat account is available for businesses incorporated in Hong Kong, Australia, BVI, Cayman Islands and New Zealand only.IE EMI AccountN/ANoEUR, MulticurrencyYesSingapore EMI AccountN/AYesSGD, USDYesOnly companies incorporated in APAC jurisdictions.
Gibraltar Bank Account - USD $ 1,200.00Gibraltar Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsTuricum Private BankUSD 200,000NoUSD, EUR, GBPYesMoneycorp Bank Limitedcase-by-caseNoMulticurrencyYes
Hong Kong Bank Account - USD $ 2,000.00Hong Kong Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDBS BankHKD 200,000YesHKD, USD, MulticurrencyYesA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
Isle of Man Bank Account - USD $ 1,200.00Isle of Man Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital International BankN/ANoUSD, EUR, GBPYes
Labuan Bank Account - USD $ 500.00Labuan Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank IslamUSD 10,000NoUSD, JPY, SGD, EUR, GBPYesMayBank International Labuan BranchUSD 25,000NoUSD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AEDYesCitibankUSD 250,000NoMulticurrencyYes
Liechtenstein Bank Account - USD $ 1,200.00Liechtenstein Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAlpinumCHF 250,000NoMulticurrencyYesCompanies conducting commercial activities (as opposed to only holding assets) must have a physical presence in the form of offices and employees in the country where it is incorporated or tax resident.Bendura BankUSD 500,000NoMulticurrencyYes
Luxembourg Bank Account - USD $ 1,200.00Luxembourg Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsEast West United BankN/AYesUSD, EUR, GBP, RUB, CHFYesCompanies conducting commercial activities are expected to conduct at least 30 incoming / outgoing transactions per month.
Mauritius Bank Account - USD $ 600.00Mauritius Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank OneUSD 25,000YesMulticurrencyYesCompanies must have some form of business connection to Africa in the form of clients, suppliers or investments.InvestecUSD 50,000YesMulticurrencyYes
Panama Bank Account - USD $ 1,200.00Panama Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMMG BankUSD 10,000YesUSD, EUR, CHF, GBP, CADYesCredicorpUSD 50,000YesUSD, EURYesCapital BankUSD 20,000YesUSDYes
Puerto Rico Bank Account - USD $ 300.00Puerto Rico Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsFV BankCase by caseYesUSDYesStrategic BankUSD 100,000NoUSDYesArival BankN/ANoUSDYesCB International Bank LLCN/ANoMulticurrencyYes
Saint Lucia Bank Account - USD $ 300.00Saint Lucia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPROVEN BANK (Former BOSLIL)USD 5,000YesUSD, EUR, GBP, HKDYes
Seychelles Bank Account - USD $ 500.00Seychelles Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAl SalamUSD 25,000YesUSDYes
Singapore Bank Account - USD $ 900.00Singapore Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsOCBC BankUSD 30,000YesUSD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHFYesNexus in the form of client/supplier/partner/contractor in Singapore required.RHBSGD/USD 30,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.DBS BankSGD 250,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.UOB BankSGD 350,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.Credit SuisseUSD 3,000,000NoUSD, SGDYesBank of ChinaSGD 100,000NoUSD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CADYesNexus in the form of client/supplier/partner/contractor in Singapore required.
Switzerland Bank Account - USD $ 1,200.00Switzerland Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsmbaerCHF 5,000NoMulticurrencyYesCompanies must have an expected turnover of at least CHF 3,000,000SygnumCHF 3,000,000NoMulticurrencyYesDeposit must be maintained in crypto assets held through the bank's custody services.Credit SuisseCHF 1,000,000YesMulticurrencyYes
USA Bank Account - USD $ 1,400.00USA Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUSA Bank AccountN/A (USD 250,000 preferred)NoUSDYesUSA Bank AccountTypically USD 25,000 - USD 50,000, for high right 500,000YesUSDYesAt least one US based signatory is required. Purpose to open an account in US is required.
Vanuatu Bank Account - USD $ 500.00Vanuatu Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPacific Private BankUSD 1,500NoEUR, GBP, USDYesOutgoing USD transactions cannot be facilitated.
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Saint Vincent and The Grenadines Company (BC/LLC) Annual Fees – USD 800.00 (payable every December)
- All Applicable Annual Government Fees
- Maintaining the Minute Book, Registers and Statutory Records
- Registered Agent Service for the calendar year
- Registered Office Service for calendar year
Nominee Services (Optional)
- Nominee Director/Manager (Corporation) – USD 1,100.00 per annum
- Nominee Shareholder/Member (Corporation), including a Deed of Trust – USD 1,100.00 per annum
*If an Apostilled and Notarized General Power Of Attorney to be designated as attorney-in-fact is required, there is an additional one-time fee of USD 350.00 (Optional)
Other Services (Optional)
- Formation of Series-LLC
- Establishment of Trusts, and provision of Trustee Services
- Continuation of Foreign Companies
- Secretarial Services
- Accounting Services
Please, contact us for further information.