Saint Vincent and the Grenadines company registration


pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Since 2003, Healy Consultants Group assists multi-national Clients’ with business set up in Saint Vincent and the Grenadines (SVG) including i) company registration and ii) regulatory licensing iii) multi-currency corporate bank account opening and iv) annual legal, accounting and tax obligations. Examples of popular SVG entities include:

Compare different SVG entities Offshore company Offshore crypto-currency company Offshore bank Resident company
Also known as LLC Crypto company Class B bank Business company
Best use of company? Trading with global Clients Crypto Trading / FinTech International banking services Doing business in the country
Regulated by? FSA FSA FSA FSA
Can do business within SVG No Yes No Yes
Company incorporation within 1 week 1 week 1 week 1 week
How soon can you hire local staff? Not allowed 3 months 3 months 1 month
How long to secure regulatory license from FSA? Not required 1 month 2 months 1 month
Must register with the Government tax authority No Yes Yes Yes
How soon can you invoice Clients/sign sales contracts? 1 week 3 months 3 months 1 month
How long to supply corporate bank account numbers? 2 months 3 months 4 months 1 month
Corporate tax rate on annual overseas net profits? 0 0 0 0
Local physical office premises required No No Yes No
Beneficial owners register maintained No No Yes No
Limited liability entity? Yes Yes Yes Yes
Minimum number of directors 1 1 2 1
Minimum number of shareholders 1 1 2 1
Resident director required No No Yes No
Must prepare annual audited financial statements No Yes Yes No
Annual economic substance reporting? No Yes Yes No
Resident director/partner/manager/ legal representative required? No Yes Yes No
Minimum paid up share capital? US$ 1 US$1 US$ 500,000 US$ 1
Corporate bank account location? USA USA USA SVG
VAT payable on sales to local customers? Yes Yes No Yes
Average total business set up engagement costs? US$13,625 US$15,625 Request a proposal Request a proposal
Average total engagement period? 3 months 4 months 5 months 2 months

Saint Vincent and the Grenadines business setup summary

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Contact us

For additional information on our business set up services in St. Vincent and the Grenadines, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!