Grenada is an island nation in the Caribbean considered one of the best tax havens in the world. The country is rich in natural resources and attractive as a tourist destination. Grenada is an offshore country where most of the income of non-residents is tax-free. Entrepreneurs can promote international trade and provide access to the U.S. market, opening a company in St. George’s or any other city in Grenada. Local laws protect investors’ rights.

WHY REGISTER A COMPANY IN GRENADA

BENEFITS:

• well-developed infrastructure;
• political stability;
• access to the international market;
• minimum registration requirements;
• prospects of obtaining citizenship for investment;
• possibility of opening a single-owner company in Grenada;
• no need to hold shareholder meetings, publish data on beneficiaries and directors;

STEPS FOR REGISTERING A COMPANY IN GRENADA

• reserve a unique company name with the Office of Corporate Affairs and Intellectual Property;
• go through the company registration procedure in Grenada, submit the required documents, and obtain a certificate;
• obtain company seal;
• file information with the Inland Revenue Department for tax purposes;
• register with the National Insurance Scheme for social security of employees;
• to open a bank account;
• obtain the necessary licenses and permits for business activities.

TYPES OF BUSINESSES

• partnership;
• sole proprietorship;
• international business company (IBC);
• Limited Liability Company (LLC).