St. Vincent IBC Formation
The State of St. Vincent and the Grenadines hereinafter called SVG consists of a group of 18 Islands known as the Windward Islands in the Eastern Caribbean approximately 97 km north of Grenada.
A St. Vincent and Grenadines company is not liable to taxes. It is possible conducting business tax free for 25 years even if managing it from within SVG. Offshore company services allow using an SVG IBC as one of the most private business tools available in the offshore world.
Confidentiality Act allows incorporating an offshore company in the most confidential manner The Confidentiality Act adopted in 1996 affords true privacy for businesses and their owners for offshore company incorporating. Banking confidentiality is enforced by law.
No information on the offshore St.Vincent company, its services or its owners is public. Director may choose not to register their personal details during the offshore St.Vincent company incorporating. Bearer shares are allowed.
The International Business Companies Act, 1996 contains provisions assuring that the privacy of persons will be protected. These provisions reduce the amount of information to be contained in government registers and curtail the right of the public to inspect the registers. To make this perfectly clear the "Confidential Relationships Preservation (International Finance) Act, 1996 specifically says "The Court hearing an application for directions under this section shall not allow the giving in evidence of confidential information in connection with the enforcement or prosecution, of the civil or criminal revenue or tax laws of another state, territory or other political jurisdiction".
The St. Vincent and the Grenadines Offshore Finance Authority has identified the International Insurance sector as an excellent growth area. The Authority has received, and continues to receive on a daily basis, numerous enquiries on its insurance product.
If you have questions about St. Vincent offshore company registration please contact us.