- Usage of an LLC in Saint Vincent and the Grenadines
- Why is it Profitable to Register an LLC in Saint Vincent and the Grenadines?
- Features of an LLC in Saint Vincent and the Grenadines
- List of Documents to Register an LLC in Saint Vincent and the Grenadines
- Cost of LLC Registration and Maintenance in Saint Vincent and the Grenadines
- Steps Required to Register an LLC in Saint Vincent and the Grenadines
We suggest that you register your company remotely in Saint Vincent and the Grenadines, and our experts can help you with that.
This material will analyze the Limited Liability Company (LLC) designed to protect the rights and assets of the company’s owners and management.
Usage of an LLC in Saint Vincent and the Grenadines
A limited liability company in SVG is used
BY
- occupational groups
AS
- an instrument for collective investment
- a trading company
- a holding company
- a structure for tax planning
- a holding company for intellectual rights and property
FOR
- management of real estate or family property
- international investment
- professional services
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Check the list of required documents, and get the details of the process, terms, and costs.
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Why is it Profitable to Register an LLC in Saint Vincent and the Grenadines?
- the company’s rights and obligations are separated from its owners and managers
- neither members nor managers are personally liable for the debts of the business (limited liability)
- an LLC has the right to conduct any lawful business and obtain licenses
- a powerful structure to protect assets and privacy
Features of an LLC in Saint Vincent and the Grenadines
The minimum charter fund of an LLC is not set and can equal any amount. The base currency is US dollars, but you can choose any currency.
A business can be registered by 1 person: a resident of any country, an individual, or a company. The information on members is not publicly available. Meetings can be held in any part of the world.
Only one manager is required, being a resident of any country, an individual or a company. There is no publicly available data. A manager can be the company’s owner at the same time.
Saint Vincent and the Grenadines do not require to maintain or file accounting records, but we strongly recommend doing so: you will need them to validate the origin of funds and open bank accounts.
The company needs to pay an annual renewal fee. An LLC in Saint Vincent and the Grenadines requires a local registration agent. Your physical presence is not required to manage a SVG company, except for banking, insurance, and other licensed activities.
In 2022, the corporate tax rate is 30% on worldwide income. This is a necessary step required for protection against EU restrictions. The country is expected to switch to the territorial principle of taxation shortly: 30% on income inside and 0% outside the country.
The official language is English. Company documents may be filled out in any language provided that a certified English translation is attached. The title may also be in any language with a certified English translation. A suffix is required: Inc., Incorporated, Corp., Ltd, Limited, Corporation, SA, Société Anonyme, Société Anonyme à Responsabilité Limitée, Sociedad Anónima, Berhad, Aktiengesellschaft Proprietary, Naamloze Vennootschap, Besloten Vennootschap
You cannot buy a ready-made company in Saint Vincent and the Grenadines.
List of Documents to Register an LLC in Saint Vincent and the Grenadines
You will need to provide the following documents for business registration:
- A certified copy of the foreign passport
- Proof of residential address
Documents are required for members and managers, and these could be the same people.
Cost of LLC Registration and Maintenance in Saint Vincent and the Grenadines
The cost of LLC registration is EUR 3,000, which includes:
- LLC registration
- state fees
- local legal address for a year
- local registration agent for a year
- service for a year
- courier delivery around the world
Additional expenses on documents after LLC registration
| Documents | EURO |
| A set of notarized copies of corporate documents | 600 |
| A set of notarized and apostilled copies of corporate documents | 800 |
| Power of Attorney | 750 |
| Resolution | 750 |
| Certificate of Good Standing | 750 |
| Certificate of Incumbency | 750 |
| Certificate of Tax Exemption | 750 |
| Duplicate Articles of Incorporation | 750 |
| Duplicate Certificate of Incorporation | 750 |
| Duplicate Certificate of Tax Exemption | 750 |
| Company Search (without notarization) | 900 |
Additional services after LLC registration in Saint Vincent and the Grenadines
| Service | EURO |
| Notarization | 150 |
| Apostille | 200 |
| Amendments in documents (including Resolution to Amend the Articles of Incorporation, Amendment Forms, Amended Articles of Incorporation) | from 900 |
| Courier delivery | 250 |
Steps Required to Register an LLC in Saint Vincent and the Grenadines
Contact the experts of the portal for advice and registration.
Answer the questions for us to make sure that we can provide the service in full.
Pay for the service – from 3000 EUR. Payment is available by card, bank transfer, Western Union, MoneyGram, WebMoney, and Bitcoin.
Please provide a complete set of documents.
We will register the business, which will take 3 business days or more.
Contact us right now to register an LLC in Saint Vincent and the Grenadines at info@offshore-pro.info or via messengers: +372 5 489 53 37 , +381 6911 12327 .
