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St. Vincent Company Formation. St. Vincent Offshore Company.

KGN Services specializes in Saint Vincent Company Formation and opening bank accounts.

Saint Vincent and the Grenadines – General Information

Location: Caribbean, islands between the Caribbean Sea and North Atlantic Ocean, north of Trinidad and Tobago.

Area: total: 389 sq km (Saint Vincent 344 sq km), land: 389 sq km, water: 0 sq km. …

Natural resources: Hydropower, arable land.
Population: 102,089 (July 2017 est.).

Capital: Kingstown.

Time Zone: UTC−4.

Languages: English, French patois.

Government type: Parliamentary democracy (House of Assembly) under a constitutional monarchy; a Commonwealth realm.

Legal system: English common law.
 
International organization participation: ACP, AOSIS, C, Caricom, CDB, CELAC, FAO, G-77, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (subscriber), ITU, MIGA, NAM, OAS, OECS, OPANAL, OPCW, Petrocaribe, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU (NGOs), WHO, WIPO, WTO.
 
Economy: Success of the economy hinges upon seasonal variations in agriculture, tourism, and construction activity, as well as remittances. Much of the workforce is employed in banana production and tourism. Saint Vincent and the Grenadines is home to a small offshore banking sector and continues to fully adopt international regulatory standards
This lower-middle-income country remains vulnerable to natural and external shocks. The economy has shown some signs of recovery due to increased tourist arrivals, falling oil prices and renewed growth in the construction sector. The much anticipated international airport opened in early 2017 with hopes for increased airlift and tourism activity.

Currency: East Caribbean dollar (XCD).

Key Benefits of St Vincent Company Formation

St. Vincent Offshore Company – Overview

Principal Corporate Legislation

The Company Act, No 8 of 1994, The International Business Companies (Amendment and Consolidation) Act 2007, The International Business Companies Act 1996 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Entity for International Trade, Investment & Tax Planning

St Vincent IBC – International Business Company

St Vincent Company Formation – Key Facts

Share Capital

Standard authorised share capital is US$10,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights

Bearer Shares

Nor permitted.

Restrictions on Trading

St Vincent offshore company cannot trade within Saint Vincent and the Grenadines. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Each St Vincent IBC must have a Licenced Registered Agent in Saint Vincent and the Grenadines.

Registered Office Required

Each St Vincent IBC must have a Registered Office in Saint Vincent and the Grenadines, provided by a Licenced Registered Agent.

Directors

A minimum of one director is required for a St Vincent company formation. Director can be of any nationality and need not be resident. Corporate directors are permitted.

Shareholders

A minimum of one shareholder is required for a St Vincent company formation.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Exchange Control

None.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every St Vincent company.

Time to Incorporate

3-5 days.

Questions? Need Advice?

Make an enquiry or request a confidential callback or chat with us.

Saint Vincent Company Formation Prices

Saint Vincent Company Formation Package Includes:

Starting at: $1350

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services related St Vincent Company Formation

KGN Services provides the following services related St Vincent company formation:

KGN Services | St Vincent Company Formation

Tags: St. Vincent Offshore

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KEY OFFSHORE JURISDICTIONS

Latin America and the Caribbean

Europe

Middle East

Africa

Asia Pacific

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Requirement to File Annual Return

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