Incorporation of an IBC in St.Vincent

An International Business Company (IBC) in St. Vincent has all the powers of a natural person and it takes one day to incorporate a company. A SVG IBC has all the powers of a natural person. The Time scale to incorporate a company is one day.

Corporate Acts

• The International Business Companies Act 1996
• The International Trusts Act 1996
• The International Banks Act 1996
• International Insurance (Amended and Consolidation) Act 1998
• Mutual Funds (Amendments) Act 1998

Requirements for IBC in St. Vincent

• Common Law
• Disclosure of Beneficial Owner - Not required
• Migration of Domicile - Permitted
• Tax on Offshore Profits - None
• Minimum Number of Directors - One
• Minimum Number of Shareholders - One
• Bearer Shares Allowed - Yes
• Corporate Directors - Permitted
• Company Secretary - Not required
• Standard Authorized Share Capital - US$ 100
• Registered Office/Agent - Required
• Company Secretary - Not required
• Local Directors - Not required
• Local Meetings - Not required
• Government Register of Directors - Required
• Government Register of Shareholders - Not required
• Annual Return - Not required
• Submit Accounts - Not required
• Minimum Annual Tax/License Fee - US$ 100

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