Saint Vincent Offshore IBC Company Formation
Saint Vincent and the Grenadines is a sovereign state in the Lesser Antilles island arc, in the southern portion of the Windward Islands, which lie at the south end of the eastern border of the Caribbean Sea where the latter meets the Atlantic Ocean.
Its capital is Kingstown, also its main port. Saint Vincent has a French and British colonial history and is now part of the Organization of Eastern Caribbean States, CARICOM, the Commonwealth of Nations, the Bolivarian Alliance for the Americas, and the Community of Latin American and Caribbean States (CELAC).
SVG is an overseas financial centre to base your company on the Preservation of Confidential Relationships (International Finance) Act 1996, making it an attractive choice for Saint Vincent Offshore IBC Companies.
A former British Crown Colony which gained its independence in 1979 and has enjoyed political stability since then, St. Vincent is a parliamentary democracy with laws based on English common law, creating a familiar legal environment for Saint Vincent Offshore IBC Companies.
The language of government commerce, as well as its principal spoken language, is English, ensuring accessibility for Saint Vincent Offshore IBC Companies.
Administratively, Saint Vincent and the Grenadines is divided into six parishes. Five parishes are on Saint Vincent, while the sixth comprises the Grenadine islands, offering a diverse geographical landscape for Saint Vincent Offshore IBC Companies.
Kingstown is located in the Parish of Saint George. It is the capital city and central administrative centre of the country, making it a hub for Saint Vincent Offshore IBC Companies.
Saint Vincent and the Grenadines has no double taxation treaty with any other country, ensuring confidentiality for Saint Vincent Offshore IBC Companies.
This means that information on trading activities will not be passed to a Revenue Authority anywhere, providing privacy for Saint Vincent Offshore IBC Companies.
The legal system is based on the British legal system, including appeals to the Privy Council in the United Kingdom, which is relevant for Saint Vincent Offshore IBC Companies.
Saint Vincent Offshore IBC Companies can benefit from the political stability since independence.
The Preservation of Confidential Relationships (International Finance) Act 1996 has created a favourable environment for Saint Vincent Offshore IBC Companies.
The parliamentary democracy with laws based on English common law adds to the legal appeal for Saint Vincent Offshore IBC Companies.
Saint Vincent’s status as part of CARICOM and other international organizations enhances its standing as a jurisdiction for Saint Vincent Offshore IBC Companies.
Saint Vincent Offshore IBC Companies can operate in an English-speaking environment, simplifying business transactions.
The division into six parishes offers geographical diversity for Saint Vincent Offshore IBC Companies to consider.
Saint Vincent and the Grenadines’ lack of double taxation treaties ensures confidentiality and tax benefits for Saint Vincent Offshore IBC Companies.
For additional information about Saint Vincent Offshore IBC Company, you can check the site Consil Formation.
Advantages of Saint Vincent Offshore IBC Company Formation:
If you are interested in the Saint Vincent Offshore IBC Company Formation, you can contact us any time.
Summary of Saint Vincent Offshore IBC Company and main characteristics:
| General Information | |
|---|---|
| Type of company | International Business Company (IBC) |
| Corporate Legislation | New International Business Companies Act 2007 and New International Business Companies Regulations 2008. |
| Taxation | No taxes of any sort. Corporation Tax – 0% Tax on Dividends – 0% Withholding tax – 0% |
| Currency | Standard Currency USD$ Share Capital can be in USD$ |
| Paid up capital requirement | No paid up capital required |
| Time zone | UTC-4 |
| Directors | |
| Minimum no. required | 1 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | No |
| Local Secretary required | No |
| Registered office required | Yes |
| Share Capital | |
| Standard Currency | USD$ |
| Standard Authorized Capital | 1.000 USD$ |
| Minimum paid up capital | No |
| Accounting Requirements | |
| Preparation of accounts | Not required |
| Requirement for audit | No |
| Accounts public accessible | No |
| Requirement to file Annual Return | No |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | Yes, Hague Convention 1961 |
| Owners | Individuals or Corporate |
Register your Saint Vincent Offshore IBC Company
- Document Notarization per document: € 500
- Bundle of documents Notarization;
- Document Apostillation per document;
- Bundle of documents Apostillation.