top of page
Image by Baptist Standaert

SVG

Home / SVG

istockphoto-465611113-612x612.jpeg

Saint Vincent and the Grenadines

The State of Saint Vincent and the Grenadines (“SVG”) is as an idyllic Island Archipelago in The Eastern Caribbean Sea made up some 18 islands known historically as The Windward Islands.


A former British colony, SVG gained independence from the British in 1979 but retains all the key signature traits common to most ex British colonies ie English is the first language, it boasts an English system of Law/Justice & it has retained the Westminster system of government (Britain’s monarch Queen Elisabeth is the head of state, represented locally by a Governor General).


Whilst the key pillar of the Economy remains tourism (SVG is a popular stop-off point for cruise ships) Financial Services is a key contributor along with agriculture (primarily banana farming). SVG is also a popular and growing International banking centre with a historical commitment to preserving privacy.

Saint Vincent and the Grenadines

Companies and individuals in SVG are required to pay the following taxes:

  • Corporate income tax rate 30%

  • Branch tax rate 30%

  • Capital gains tax rate 0%

istockphoto-465611113-612x612.jpeg

Requirments:

  • Minimum 1 shareholder

  • KYC/KYB procedures

  • No local director requirement implied

  • Legal address with correspondence service for a year (renewal 890 USD/year + VAT)

  • Registration in all necessary authorities and obtaining tax and identification numbers

  • Submission of mandatory tax returns and applications to the register of beneficiaries

  • Consultation on the chosen direction of activity

  • All registration fees

Prices:

Company registration - 1290 USD

If you need to register a company in SVG with additional services (open a corporate account,
business license), check the total price individually with our lawyers.

bottom of page