Time frame: 2 weeks
Minimum registered capital requirement: £1 pound
Overview
Saint Vincent and the Grenadines International Business Companies, are made by the corporate enactment in accordance with Companies Act. St Vincent Company can be built remotely in full. The other significant corporate bill features is an exceptional level of confidentiality which made by the implementation of Confidential Relationships Act 1996.
This law ensures strict privacy for its organizations and persons associated with them. This Act is considered to be one of the best privacy laws all over the planet.
Primary Advantages
- Forex corporations are exempt from taxes for 25 years from the date of establishment
- Forex corporations are not obliged to present annual reports to any local governments
- Forex corporations can be managed/regulated from anywhere in the world
- All records and stamps of the business can be held anywhere in the world
- Forex corporations may issue shares with several rights, conditions and limitations in one or more currencies
- Bearer shares are permitted (not suggested)
- The limited responsibility of shareholders
- There are no provisions for annual external auditor publish any financial reports
- No investment restrictions, except for possession of the property in St. Vincent
- No limit on mortgages or paying dividends, except those specified in articles of incorporation
- No limit on the portion of shares or property
- The non-resident shareholders are excluded from all taxes on dividends, capital gains, and corporate taxes in St. Vincent
- Shares may be decided in any currency, although US$ are widely used