incorporate in saint vincent

Incorporate in Saint Vincent & The Grenadines

$1,600.00

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 and First-Year Fees – 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, and assignments such as the preparation of a certificate of incumbency, and the notarization of documents, which are generally required for opening bank accounts.

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
  • Providing the Certificate of Good Standing
  • Preparing and Executing a Certificate of Incumbency
  • Preparing the Register of Members and Register of Officers
  • Preparing the Ownership Certificates
  • Providing Registered Agent Services for the calendar year
  • Providing Registered Office Services for the calendar year
  • Providing Notarized Copies of the Corporate Documents
  • Delivering Original, and Notarized copies 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
  • Providing the Certificate of Incorporation and Stamped Articles of Incorporation
  • Providing the Certificate of Exemption from Import Duties
  • Providing the Certificate of Good Standing
  • Preparing the Register of Shareholders and Register of Directors
  • Preparing the Share Certificates
  • Preparing and Executing a Certificate of Incumbency
  • Providing Registered Agent Services for the calendar year
  • Providing Registered Office Services for the calendar year
  • Providing Notarized Copies of the Corporate Documents
  • Delivering Original, and Notarized copies of 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 another day for the Registrar to issue the Certificate of Incorporation/Formation.

Bank Account Opening Services (Optional)

We can open bank accounts for Saint Vincent and The Grenadines companies in the following jurisdictions:

  • Mauritius Bank Account (3 Banks, Remotely) – USD 600.00 – Debit/Credit Cards Available
  • Labuan Bank Account (1 Bank Remotely) – USD 500.00
  • Bahamas Bank Account (4 Banks, Remotely) – USD 500.00 – Brokerage Accounts Available
  • Curaçao Bank Account (2 Banks, Remotely) – USD 500.00 – Debit/Credit Cards Available
  • Singapore Bank Account (5 Banks, Remotely) – USD 900.00 – Debit/Credit Cards Available – Remote account opening available due to COVID-19
  • Hong Kong Bank Account (3 Banks, In-person) – USD 2,000.00 – Debit/Credit Cards Available
  • Armenia Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Turkey Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • New York (US) Bank Account (2 Banks, Remotely) – USD 2,000.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Cayman Islands Bank Account (5 Banks, Remotely) – USD 900.00 – Brokerage Accounts and Debit/Credit Cards Available
  • British Virgin Islands Bank Account (1 Bank, Remotely) – USD 900.00 – Brokerage Accounts Available
  • Cook Islands Bank Account (1 Bank, Remotely) – USD 600.00 – Brokerage Accounts available
  • Puerto Rico Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available and Brokerage Accounts available
  • Antigua Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Belize Bank Account (1 Bank, Remotely) – USD 300.00 – Prepaid Cards Available
  • Saint Lucia Bank Account (1 Bank, Remotely) – USD 300.00
  • Dominica Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • UK, Latvia and Lithuania Electronic Money Institution Account (8 EMI’s, Remotely) – USD 300.00 – Debit/Credit Cards Available

All our bank account options provide for accounts in major currencies (USD, EUR, GBP, CHF, etc) as well as internet banking facilities. Note that “Remotely/In-person” means whether the account can be opened remotely or a personal visit to the bank is required to finalize the application.

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.

Company Type

Bank Accounts

SKU: INC-BV-001-1-1 Category:
Cart

No products in the cart.