St. Vincent International Business Company

Most common incorporation in St. Vincent is the International Business Company (“IBC”) and is regulated by the International Business Companies Act, 2007.

Key Features

Factor

Status

Remarks

Tax

Not Applicable

Exempt for all offshore taxations for twenty-five years.

Local Registered Agent / Office

Required

Must be maintained in St. Vincent.

Level of Confidentiality

High

Identity of Directors and Shareholders not in public record.

Authorized Share Capital

Not Restricted

No minimum requirement and can be in any currency.

Double-Tax Avoidance Treaty

Not Applicable

 

Keeping of Corporate Books, Records, and Registers

Required

A copy of books and records should be kept at registered office or a place of directors' choice.

Annual General Meeting (AGM)

Not Required

 

Annual/Tax Return

Not Required

 

Shareholders

Minimum 1

Corporate entity allowed.

Directors

Minimum 1

Corporate entity allowed.

Secretary

Not Required

 

 

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