By using our website you consent to all cookies in accordance with our Privacy Policy.
service@bbcincorp.com
live:bbcincorp
Become Our Partner
Company Formation
Open Bank Account
Other Services
FAQs

Offshore Company Registration in St. Vincent and Grenadines

  • One of the fastest company registries worldwide, under which a new company can be incorporated within 24hrs.
  • Ideal place to set up a company for Crypto and Forex business.
  • All international business companies registered before 1st Jan, 2019 are not liable to corporate taxation for an extended period up to 30 June 2021.
  • As passing of IBC Amendment Act at 31st Dec, 2018, all BCs in SVG are subject to 30% profit tax on worldwide income. The country is trending to territorial taxation for both local and international companies.
  • Limited liability company (LLC) may serve as an alternative to achieve tax exemption while waiting for further guidance on tax treatment of Business Company (BC) type.
  • There is no restriction on nationality or residence of company director/ shareholder. Moreover, they can be natural persons or body corporates.

Business Company (BC)/Limited Liability Company(LLC)

Company formation in 1 business day

No tax on foreign-source income

Simple maintenance, no reporting requirements

Privacy secured with company registers not public

Customized company packages to your needs

basic

US$ 1099

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 International Business Company (IBC) from the beginning

** All-in renewal fee at US$999

standard

US$1499

Everything in Basic package

Open Bank Account

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

premium

US$1799

Everything in Standard package

Premium Banking Support

  • One-time fee for application of up to 5 banks OR till account opened successfully, whichever comes first
  • Consulting on your suitable alternative banks if you fail your first application
  • Ability to open bank account remotely
  • Fast responsiveness even on weekends
  • Frequent updates on bank account opening process

basic

US$ 1099

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 International Business Company (IBC) from the beginning

** All-in renewal fee at US$999

premium

US$1799

Everything in Standard package

Premium Banking Support

  • One-time fee for application of up to 5 banks OR till account opened successfully, whichever comes first
  • Consulting on your suitable alternative banks if you fail your first application
  • Ability to open bank account remotely
  • Fast responsiveness even on weekends
  • Frequent updates on bank account opening process

standard

US$1499

Everything in Basic package

Open Bank Account

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

Not sure which package is right for you?

Talk to us

How it works

  • Create online order

    Select the company formation package from BBCIncorp that meets your requirements. During this process, we also provide free consulting to help you set up the right company structure per your need.

  • Make payment

    Your settlement can be made online via Credit/ Debit Card, or Paypal. Bank wire transfer is also acceptable.

  • Collect and verify KYC documents

    Upon receiving order and payment, our customer service will contact you on the same day to confirm the order information and gather required documents for incorporation in St. Vincent and Grenadines.

  • Proceed with incorporation

    The company formation in St. Vincent and Grenadines can complete in 1-2 business days after receiving full required documents duly prepared. Digital version of incorporation documents is issued after the incorporation and physical shipping for the original needs 3 to 7 days.

Required documents

A general documents required for setting up an IBC in Saint Vincent and Grenadines can be found below:

  • Completed and Signed Application (BBCIncorp will provide)
  • Scans of notarized copy of 2 IDs (i.e. passport, driver's license, national ID)
  • Scans of notarized copy of address proofs
  • Bank or professional reference letters
  • Confirmation of Business Activity to be signed by the beneficial owner(s)

Check your company name availability in
St. Vincent & Grenadines

How we can reach you out about result of

Need more help to set up a business in St. Vincent & Grenadines?

Just get in touch with us. We typically response within 2 hrs.

FAQs

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.

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…

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 the annual maintenance requirements for a BC company?

A BC needs to maintain the followings:

  • One director/shareholder
  • Local registered agent and address
  • Filing annual return if its annual turnover exceeds US$4mil or its total assets exceeds US$2mil

Are bearer shares allowed?

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

See other questions

Industry News & Insights

lunar-new-year-2021-holiday-notice

Lunar New Year 2021 Holiday Notice

Lunar New Year is just around the corner. BBCIncorp would like to take this exciting opportunity to express our gratitude to all of our valued partners and customers

1 MIN READRead more
how-to-start-e-commerce-business-in-hong-kong

How to kick-start your e-commerce business in Hong Kong

How to start an e-commerce business in Hong Kong? This blog gives you insights into what to consider and key steps for setting up a Hong Kong e-commerce company.

10 MIN READRead more
guide-to-jersey-economic-substance

A guide to Jersey Economic Substance Requirements (2021 updates)

An ultimate guide to Jersey's economic substance not only for business owners in Jersey but also for those who are thinking about incorporating one.

1 MIN READRead more
how-to-set-up-a-company-in-singapore

How to set up a company in Singapore: a foreign investor guide

Wanting to incorporate a company in Singapore? This is your guidebook of incorporation (and hints at post-formation steps) to set up your own company in this small but developed nation.

5 MIN READRead more
ecommerce-business-in-hong-kong

Choosing Hong Kong for an e-commerce business: Is it right?

Hong Kong is a prospective and bustling market for most online business owners. So why is Hong Kong an ideal location for an e-commerce business? Find out with us!

1 MIN READRead more
private-company-in-hong-kong

All you should know about Private Company in Hong Kong

Looking for an entity type in Hong Kong that is best suited for SMEs? With tons of benefits, a private limited company remains the top choice of investors.

4 MIN READRead more
christmas-new-year-2021

Merry Christmas and Happy New Year 2021

Season Greetings from BBCIncorp to our valued customers and partners. Thank you for a wonderful year!

1 MIN READRead more
how-to-comply-with-hong-kong-accounting-standards

How to comply with Hong Kong accounting standards: Guide For SMEs

Hong Kong accounting standards are applicable to any financial statements of a Hong Kong company. BBCIncorp will tell you these standards and accounting requirements in Hong Kong!

8 MIN READRead more
all-about-nevis-llc

Fundamental features of Nevis LLC (with insights into its asset protection)

Wonder why most people are opting for Nevis LLC more and more often? This blog is all you need to find that answer. Plus, insights about its asset protection.

5 MIN READRead more
alternatives-to-traditional-bank-accounts-in-hong-kong

Alternatives to traditional bank accounts in Hong Kong

While opening traditional bank accounts in Hong Kong causes hassle for business owners, some alternatives to bank accounts have popped up in recent years. So, what are they?

11 MIN READRead more
doing-business-in-hong-kong-the-ultimate-guide-for-foreigners

Doing Business In Hong Kong: The Ultimate Guide For Foreigners

Here is a guide to doing business in Hong Kong for foreigners! The blog covers all you need to know about the benefits of forming a business in Hong Kong and how to start it.

9 MIN READRead more
offshore-company-for-international-trading

Offshore Company for International Trading: Things to consider

Let’s take a glance at things you should consider in terms of benefits and hindrances before turning your typical trading company into an offshore entity.

5 MIN READRead more
how-to-choose-hong-kong-financial-year-end

How to choose Hong Kong financial year end

Wonder how to determine the financial year end in Hong Kong? In this article, we will shed light on everything about Hong Kong financial year. Learn more with us!

5 MIN READRead more
a-guide-to-exempted-company-in-cayman-islands

A guide to Exempted Company in Cayman Islands

A glance at Cayman Islands Exempted Company and all of its key features as well as the incorporation process. Stay tuned to find out!

4 MIN READRead more
guide-to-controlled-foreign-corporation-rules

An Overview of Controlled Foreign Corporation Rules (CFC rules)

Many countries have implemented Controlled Foreign Corporations Rules to avoid profit shiftings among jurisdictions. Learn more about CFC rules with BBCIncorp.

6 MIN READRead more
banking-tool

Choose the Best Banks for Your Offshore Companies

Use BBCIncorp’s banking tool to see what banks suit your offshore business most. You can also check the approval rate to get a bank account. Use it for free!

1 MIN READRead more
offshore-holding-company-how-to-use

Offshore holding company: How to use & Where to consider

Offshore holding company manages equity participations in subsidiaries. In this article, we tell you popular uses and best offshore jurisdictions for a holding structure.

10 MIN READRead more
why-doing-business-in-vietnam

Why Doing Business In Vietnam: Benefits vs Challenges

Still uncertain about doing business in Vietnam? Here we walk you through both the benefits and challenges of Vietnam business to reach your final decision!

8 MIN READRead more
belize-es-quiz-tool

Belize Economic Substance Assessing Tool

Now you can self-check whether your business is subject to Belize economic substance requirements by joining our Belize Economic Substance Self-Assessment Tool. Check it out!

1 MIN READRead more
vietnam-virtual-office-vs-co-working-space

Vietnam Virtual Office vs Co-Working Space: Which to choose?

Vietnam virtual office is an emerging trend for business people investing in Vietnam in recent years. Learn more on how it differs from a traditional physical office!

4 MIN READRead more