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St. Vincent and the Grenadines - IBC Formation Key Information

Updated time: Feb 3, 2018 , 11:14 (UTC+08:00)

St. Vincent and the Grenadines - IBC

General
Type of entity IBC
Common or Civil Law Common
Shelf company availability Yes
Our time to establish a new company Normal 7 working days
5 working days in urgent
Disclosure of Beneficial Owner No
Corporate Taxation Nil
Share Capital or Equivalent
Standard currency US$
Permitted currencies Any
Minimum paid up US$ 1
Usual Authorized Capital US$ 10,000
Directors or Managers
Minimum number One
Local required No
Corporate Directors permitted Yes
Publicly accessible records No
Location of meetings Anywhere
Government Register of Directors Yes
Members or Shareholders
Minimum number One
Government Register of Shareholders No
Location of meetings Anywhere
Company Secretary
Required Optional
Local or qualified No
Accounts
Requirement to prepare No
Submit Accounts No
Audit requirements No
Requirement to file accounts No
Others
Requirement to file annual return No
Change in domicile permitted Yes

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares
  • Business nature of your company
  • Information of Director/ Shareholder (Education, CV,...)
  • Personal Bank statement of Director/ Shareholder
  • Other details can be asked in the application form and KYC when the customer contacts us.


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