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Company Formation
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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)
Icon Guarantee

Refund Guarantee

We refund your money for services that we cannot deliver.

Read our policy

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

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