Fees and timelines to setup business in St. Vincent and the Grenadines in 2023


payment by instalmentSVG company incorporation costs in Year 1 amount to US$4,900 and annual company costs in Year 2 thereafter amount to US$1,300. The average fee per Saint Vincent and the Grenadines company setup engagement amounts to US$13,625, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.

Different St. Vincent & Grenadines entity typesCostDraft invoice
Offshore LLCUS$13,625View invoice PDF
Offshore Business CompanyUS$13,825

View invoice PDF
Crypto-currency company with multi-currency corporate bank accountUS$15,625View invoice PDF
Offshore company annual renewalUS$5,450View invoice PDF


The average St. Vincent & the Grenadines business set up engagement period is 3 months as outlined below:

Offshore LLCOffshore BCOffshore bank
Engagement Planning1 week1 week3 weeks
Company incorporation period1 week1 week18 weeks
Bank Account approval8 weeks8 weeks12 weeks
Internet Banking approval2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week
Total engagement period3 months3 months6 months

Contact us

For additional information on our company setup 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!