Company Formation
Saint Vincent and the Grenadines
The island state of Saint Vincent and the Grenadines is an independent and sovereign entity in the Windward Islands archipelago. The country is situated between the Caribbean Sea and the Atlantic Ocean. In total, there are 32 islands in the state structure. The eastern neighbor of Saint Vincent and the Grenadines is Barbados, the northern one – Saint Lucia, the southern – Trinidad and Tobago, as well as Grenada and Venezuela.
The capital of the country is Kingstown. Saint Vincent and the Grenadines is an English-speaking state.
In 1996, Saint Vincent and the Grenadines adopted the package of 6 legislative acts, making the country one of the most perfect tax-exempt jurisdictions in the world. The laws were elaborated with the direct participation of leading British and American lawyers. Thus, registration of offshore companies in Saint Vincent and the Grenadines is top priority for many entrepreneurs to date.
Why Registera Company in Saint Vincent and the Grenadines?
Framework
Steady political and business framework
Simplicity
Ease of business start and running
Nominal services
Nominal services are provided
Privacy
High level of privacy
Protection
Sufficient asset protection
Taxation
Fruitful taxation framework (0% profit tax for offshore forms)
Unrestricted
No currency control limitations
Steps for Registeringa Company in Saint Vincent and the Grenadines
Forming a precise list of business activities that you intend to carry out through a supposed international business.
Elaborating on and checking the availability of a business name for a suggested business form. Reserving it.
Requesting and formalizing all the must-have details about the company’s founders, including its mother company (if present), final beneficiaries, and managers. Even if these particulars are not disclosed to the general public, it still has to be collected and kept up-to-date.
Finding an official legal address for a supposed business form.
Composing and executing all the must-have statutory and registration documents, among others, Memorandum and Articles of Association, minutes, and resolutions (on the assignment of directors, shares allocation, etc.).
Filling out all registration applications and paying envisaged fees. Forming a registration package and submitting it for consideration.
Entering the information about a new enterprise in the Register of Companies in the case of positive feedback.
Opening corporate bank accounts.
Business Entitiesin Saint Vincent and the Grenadines
- Limited Liability Company (LLC)
- Branch
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