Saint Vincent and the Grenadines is an island country located in the Caribbean, a part of the United Kingdom.
The main sources of state income are elite tourism and agriculture. As the economy of St. Vincent and the Grenadines is heavily depends on weather conditions, the government creates conditions for developing of the country as a financial center.
More than 20 countries sail under the flag of Saint Vincent and the Grenadines.
The International Business Companies Act, 1996 regulates companies’ activities in St. Vincent and the Grenadines.
The Law provides limited and unlimited liability companies. The most convenient is Limited Liability Company (Ltd, Corporation, Corp., S.A., Inc etc.).
As of June 30, 2021, all International Business Companies (IBC) on St. Vincent have lost their “International” status and switched to the status of ordinary business companies (BC) with a tax rate on income of 28%.
But, the country still retained some tax exemptions for non-residents, namely: the absence of taxes on real estate, inheritance and gift.
The state has signed only one double taxation agreement with the countries of the Caribbean Commonwealth. A number of agreements on the exchange of information have also been signed.
St. Vincent and the Grenadines is not in the tax havens list of Ukraine.
If you are planning to open a company in Saint Vincent and the Grenadines, please contact our lawyers for advice:
+38 (098) 737-88-88
We will help you buy an offshore company in Saint Vincent and the Grenadines or in any other jurisdiction on the most favorable terms.
The cost of offshore registration in St. Vincent and the Grenadines is formed individually for each client, so get the final price in our commercial offer.