What types of company can a BC company be incorporated under the governed Act?

There are several types of company that a BC can be registered under the International Business Company Act, namely company limited by shares, a company limited by guarantee or unlimited company, of which company limited by shares is the most common type.

How to name a BC company in St. Vincent and Grenadines?

A limited company name should end with “Limited”, “Corporation”, “Incorporated”, “Société Anonyme”, “Sociedad Anonima”… or their abbreviations. The name must not be the same or be similar to those of existing companies. The name must not imply a connection to the Royal, a municipality, local Authority and not contain any words prohibited by the Regulations.

What are businesses a BC not allowed to carry on?

All BCs are now able to conduct business within the SVG. Other licensed business activities include banking, insurance, money services, mutual fund, trustee or company management services…

What kinds of companies are available for registration in SVG?

A BC can be formed in the following types: Company limited by shares, Company limited by guarantee, Company limited by both shares and guarantee, Unlimited company

Are business companies (BC) in St. Vincent and Grenadines subject to income taxation?

Following enactment of IBC Amendment Act 2018, International Business Company (IBC) type has been replaced by Business Company (BC) and the tax exemption regime has been abolished. All IBCs incorporated before 31st Dec 2018 is grandfathered until June 2021. Companies registered in 2019 onwards will be subject to the territorial tax regime, where only foreign-source income is exempt from local corporate income tax. Business operation

What are the annual maintenance requirements for a BC company?

A BC needs to maintain the followings to ensure good standing: At least one director/shareholder A local registered agent and registered office address in SVG Filing annual return if its annual turnover exceeds US$4mil or its total assets exceeds US$2mil Filing annual tax return Get full access to all details relevant to SVG's compliance obligations now with ComplyMate for a smoother incorporation journey.

What are activities a BC incorporated in SVG not permitted to carry on?

Financial services are required to be licensed by the Authority including international banking, insurance, funds, trust, money services, company management services…

Is there any requirement on the minimum number of directors/shareholders for a company incorporated in SVG?

At least one director and one shareholder are demanded. They may be natural persons or body corporates, may be of any nationality and need not reside in SVG.

What about the security of information related to directors/shareholders?

Registers of company directors and shareholders are now required to be filed with the Registrar. A person may be given access to the information upon showing a proper purpose.

Are bearer shares allowed?

A Business Company is not permitted to issue or convert registered shares to bearer shares.

What is the minimum registered capital?

No minimum registered capital is required. The share capital may be expressed in any currency. The minimum issued capital is one share of no par value or one share of par value. The annual fees are not linked to the amount of share capital.

What types of shares can be issued by a Business Company in SVG?

Registered shares, shares of no par value, preference shares, redeemable shares, and shares with or without voting rights. Since 2019, a BC can no longer issue bearer shares.

Home
Company Formation
St. Vincent And The Grenadines

St. Vincent
Company Formation For Offshore Business Setup

Start your St. Vincent company formation efficiently with experienced support and a clear incorporation process.

Get Started

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

St. Vincent Company Formation For Offshore Business Setup

St. Vincent & Grenadines Company Formation Service Packages

Business Company (BC)

Limited Liability Company (LLC)

basic

US$1399

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new St. Vincent and Grenadines Business Company (BC) from the beginning** All-in renewal fee at US$1,199

standard

US$1799

Get Started

Everything in the Basic package

Open A Bank Account

One-time fee for application of one bank
Bank account introduction for any bank in the supported list
Certificate of Incumbency (if required)

premium

US$2099

Get Started

Everything in the Standard package

Premium Banking Support

One-time fee for application of up to 5 banks OR until the account is opened, whichever comes first
Consulting on suitable alternatives if the first application is not approved
Remote bank account opening
Fast response even on weekends
Frequent updates on the bank account opening process

basic

standard

premium

basic

US$1399

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new St. Vincent and Grenadines Business Company (BC) from the beginning** All-in renewal fee at US$1,199

Refund Guarantee

We refund your money in full for any St. Vincent & Grenadines company formation services that we cannot deliver.

Read our policy

A smart ecosystem for St. Vincent
company incorporation

Everything needed to build and manage a St. Vincent offshore company - from incorporation expertise to banking access and digital management tools.

Cross-Border Structuring Expertise

International Banking Access

BBCIncorp Client
Portal Access

Ongoing Compliance Support

Our St. Vincent & Grenadines
Incorporation Process

Simplify your St Vincent and the Grenadines company formation with expert support.

Place order

You do

Choose your formation package and submit order

We do

Review the request and confirm service details

Make payment

You do

Complete payment for the selected service

We do

Send invoice and validate the order

Proceed KYC

You do

Upload identification and company information

We do

Verify details and prepare incorporation filing

Receive docs

You do

Review and download company files

We do

Complete registration and deliver documents

KYC documents checklist

Compliance gate

What you'll need to complete eKYC verification

For Individual

The following proofs are required for all company members.

Proof of identity

A certified true copy (scanned version) of the passport (valid for at least 6 months);

A certified true copy (scanned version) of driver's license / national ID;

Bank Reference Letter / Professional Reference Letter, which must be dated within the last 6 months and include the contact details of the issuer;

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

See sample of a certified true copy

Proof of address

We require certified true copy (scanned version) of address proof, which can include any of the following: Bank reference / Bank statement / Utility bill / Driver license.

The address proof must clearly show the holder's full name along with physical address written in English (P.O. Box addresses are not accepted).

Please note that the provided proofs must be the most recent version and dated within the last 3 months.

Proof of fund source

A bank statement or relevant document confirming the source of funds and wealth.

For corporate or entity

Corporate verification includes two parts: company documents and KYC proofs for every associated member.

Company documents

Please provide us with certified true copy (scanned version) of the following company documents:

Certificate of Incorporation;

Memorandum and Articles of Association/Constitution;

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

In case the company documents can be certified via official government site, there is no need to submit certified copies.

Company members

All members must provide Proof of identity and Proof of address (same as Individual requirements)

Note:

Documents must be Certified True Copy / notarized by a Notary Public within the last 3 months
Documents must be in English or officially translated into English
Requirements may vary by case. Talk to our team for confirmation.

Why St. Vincent And The Grenadines

Provides a flexible jurisdiction for international companies seeking operational efficiency.

Tax-efficient offshore structure

No corporate income tax on offshore income

No capital gains tax

No withholding tax on distributions

No exchange control restrictions

Flexible corporate structure

Only one director required

Only one shareholder required

No residency requirement

Flexible corporate governance

Suitable for international business

Popular for global trading companies

Efficient incorporation process

Confidential ownership structure

Low ongoing compliance burden

What our clients say

Customer Review

"BBCIncorp’s support was excellent, with transparent services and costs, and their attention to detail is second to none"

Irfan Khan

Hypermine

Customer Review

"I am really fond of BBCIncorp’s professionalism and transparency and looking forward to a long-term association."

Shraddha Khattri, Co-Founder

StartUP TRU

Customer Review

"BBCIncorp is the most suitable partner for us, I was impressed with their services in all steps."

Phong Dao, Managing Lawyer

Investpush Legal

Customer Review

"Working with BBCIncorp was a great experience, we will gladly work again with them"

Abel Caro, Executive VP & Chief Legal Officer

Alfa Solutions Corp

Customer Review

"I would highlight BBCIncorp’s promptness to keep us updated and the sensitive human touch in document management and personal interaction."

Beth B. Lawton, Assistant to General Director

Foster Swiss

Customer Review

"The process of opening the BVI company with BBCIncorp was very smooth, I don’t recall doing much except for filling out a couple of forms."

Pavlos Polianidis, Chief Technology Officer

Apocentre

Customer Review

"I am very happy with BBCIncorp's service. 10/10"

Claudia Nel, Managing Director

Sure Medical

Get started with your
St. Vincent company registration

Submit the form and our consultants will contact you shortly to assist your company setup.

Company Incorporation

Open Business Account

Nominee Director Shareholder

Accounting & Auditing

Company Secretary

Virtual Office

Enterprise Accountant

St. Vincent
Company Formation For Offshore Business Setup

St. Vincent & Grenadines Company Formation Service Packages