Incorporate in Saint Vincent & The Grenadines

$1,600.00

Set up a Saint Vincent & The Grenadines Company

Business Company (BC)

Business Companies in St. Vincent have one of the simplest and straightforward registration procedures.

Requirements for a BC are minimal. No minimum paid-up capital required, the company may be incorporated with a sole shareholder and a sole director and annual general meetings are not mandatory.

Appointment of secretary is optional. It can be administered from St. Vincent or from any part of the world, and its books and records may be kept outside the territory.

BCs are allowed to issue registered shares, with or without par value, with voting or non-voting rights.

Shareholders and directors’ details of an IBC are not filed in any public registry.

Limited Liability Company (LLC)

Limited Liability Companies in Saint Vincent and The Grenadines are hybrid entities with separate legal personality and limited liability of its members but with greater structure flexibility than a corporation and taxed as a partnership.

There may be incorporated as a single-member LLCs, and there are no company structure requirements for its management, nor are there provisions for company meetings, directors, secretary, or capital. Its operating agreement may be arranged by its members according to their needs.

Saint Vincent and The Grenadines LLCs are vehicles commonly used for asset protection and investment structures.

In Saint Vincent and The Grenadines, the two most common corporate structures are the Business Company (previously, International Business Company or IBC), incorporated under the Business Companies (Amendment and Consolidation) Act (previously, the International Business Companies Act), and the Limited Liability Company (LLC), registered under the Limited Liability Companies Act.

Since 2019, we mainly incorporate limited liability companies as they still maintain tax-exempt status in Saint Vincent and The Grenadines.

Saint Vincent and The Grenadines Company (BC/LLC) Formation – USD 1,600.00 (All Included)

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Saint Vincent and the Grenadines Company, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees.

Saint Vincent and The Grenadines Limited Liability Company (LLC)

 

Saint Vincent and The Grenadines Business Company (BC)

 

 

Time to form

It generally takes us one day to prepare and file the Articles of Incorporation/Articles of Formation and prepare the related corporate documentation and 1 to 5 days for the Registrar to issue the Certificate of Incorporation/Formation.

Bank Account Opening Services (Optional)

We can assist you in open bank accounts for companies in the following offshore jurisdictions:

  • Andorra Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Andorra Bank Account
    USD 500,000
    Yes
    USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
    Yes
    Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
  • Antigua Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Antigua Bank Account
    USD 10,000
    Yes
    USD, EUR
    Yes
    In euros DBank processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.
    Antigua Bank Account
    USD 25,000
    Yes
    USD, EUR, GBP
    Yes
    Cash Secured Visa Credit Card
    Antigua Bank Account
    USD 5,000
    Yes
    USD, EUR
    Yes
    UnionPay Cards work without inconvenience in the USA.
  • Armenia Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Armenia Bank Account
    USD 50,000
    Yes
    EUR, USD, RUB, AMD
    Yes
    Business connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
  • Bahamas Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bahamas Bank Account
    USD 1,000,000
    No
    USD
    Yes
    Family Offices, Fund Managers and Asset Managers only.
    Bahamas Bank Account
    USD 100,000
    Yes
    Multicurrency
    Yes
    Only companies registered in the Bahamas. Economic substance required.
    Bahamas Bank Account
    USD 10,000,000
    No
    Multicurrency
    Yes
    Primary focus with physical presence in Bahamas. Business interest in the Bahamas. The company needs to have been in existence for a minimum of 3 years.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Credit Card available on a case by case basis.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Remote account opening is possible, but the bank will visit the client within first year after opening.
    Bahamas Bank Account
    USD 500,000
    Yes
    USD, EUR
    Yes
    Prepaid debit card available.
  • Belize Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Belize Bank Account
    USD 4,000
    No
    EUR, GBP, USD
    Yes
    Belize Bank Account
    USD 1,000
    Yes
    USD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOK
    Yes
    Prepaid Visa cards available.
    Belize Bank Account
    USD 3,000
    Yes
    Multicurrency
    Yes
  • BVI Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    BVI Bank Account
    USD 20,000
    No
    USD, GBP, HKD
    Yes
    Bank of Asia does not onboard corporations who have a connection in US and Russia.
    BVI Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    VP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
  • Cayman Islands Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cayman Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
    Yes
    Cayman Islands Bank Account
    USD 25,000
    Yes
    USD, CAD, CHF, EUR, GBP, JPY, AUD
    Yes
    Cayman Islands Bank Account
    USD 100,000
    Yes
    USD, EUR, CAD, GBP, AUD, Multicurrency
    Yes
    NCB Cayman Bank offers trading, private and investment bank accounts
  • Cook Islands Bank Account - USD $ 600.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cook Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, NZD, AUD, SGD, HKD
    Yes
    Clients can have a corporate account for operational purposes only if they open an investment account as well.
  • Curaçao Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Curaçao Bank Account
    USD 100,000
    No
    Multicurrency
    Yes
    Internet Banking only for viewing the account, not for operating
    Curaçao Bank Account
    N/A
    Yes
    Multicurrency
    Yes
  • Cyprus Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    Supports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
  • Dominica Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP, CHF
    Yes
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP
    Yes
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    Dominica Bank Account
    N/A
    No
    EUR, USD
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
  • Gibraltar Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Gibraltar Bank Account
    N/A
    No
    Multicurrency
    Yes
    Gibraltar Bank Account
    USD 200,000
    No
    USD, EUR, GBP
    Yes
  • Hong Kong Bank Account - USD $ 1,400.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Hong Kong Bank Account
    HKD 100,000
    Yes
    Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
    Hong Kong Bank Account
    HKD 200,000
    Yes
    HKD, USD, Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
  • Isle of Man Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Isle of Man Bank Account
    N/A
    No
    USD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGN
    Yes
    Preferred industries: Asset Holding Entities, e-sports, yachting, aviation, e-commerce, internet sales and trading, business consultancy, advertising and marketing, property development and management.
  • Labuan Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Labuan Bank Account
    USD 10,000
    No
    USD, JPY, SGD, EUR, GBP
    Yes
    Labuan Bank Account
    USD 250,000
    No
    Multicurrency
    Yes
    Labuan Bank Account
    USD 25,000
    No
    USD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AED
    Yes
    They focus more on Labuan incorporated entities.
  • Liechtenstein Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Liechtenstein Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    Every active NFE needs to have a substance.
  • Mauritius Bank Account - USD $ 600.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Mauritius Bank Account
    USD 50,000
    No
    Multicurrency
    Yes
    Mauritius Bank Account
    USD 50,000
    Yes
    Multicurrency
    Yes
  • Nevis Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Nevis Bank Account
    USD 10,000
    No
    USD, EUR, GBP, Multicurrency, CHF, CAD
    Yes
    Nevis Bank Account
    USD 100,000
    No
    USD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKD
    Yes
    Nevis Bank Account
    USD 25,000
    No
    Multicurrency
    Yes
    Nevis Bank Account
    USD 10,000
    No
    USD
    Yes
  • Panama Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Panama Bank Account
    USD 50,000
    Yes
    USD, EUR
    Yes
    Panama Bank Account
    USD 10,000
    Yes
    USD, EUR, CHF, GBP, CAD
    Yes
  • Puerto Rico Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Puerto Rico Bank Account
    N/A
    Yes
    USD, HKD, AUD, CAD, CHF, CNY, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, TRL, XAF, ZAR
    Yes
    Unionpay Merchant service for clients.
    Puerto Rico Bank Account
    USD 25,000
    No
    USD
    Yes
    Their main focus is on commercial type, trade finance.
    Puerto Rico Bank Account
    USD 10,000
    No
    Multicurrency
    Yes
    Puerto Rico Bank Account
    USD 150,000
    No
    USD
    Yes
  • Saint Lucia Bank Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Saint Lucia Bank Account
    N/A
    No
    Multicurrency
    Yes
    Saint Lucia Bank Account
    USD 5,000
    Yes
    USD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZAR
    Yes
  • Seychelles Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Seychelles Bank Account
    USD 25,000
    No
    USD
    Yes
    Internet banking is in view mode only, all transactions are carried out via email or by phone.
  • Singapore Bank Account - USD $ 900.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Singapore Bank Account
    SGD 100,000
    No
    USD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CAD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 3,000,000
    No
    USD, SGD
    Yes
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    No
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    SGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 30,000
    No
    USD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHF
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
  • Switzerland Bank Account - USD $ 1,200.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Switzerland Bank Account
    CHF 500,000
    Yes
    EUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AED
    Yes
    Amina Bank does not open accounts with a pure transactional business nexus.
    Switzerland Bank Account
    CHF 1,000,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 500,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 5,000
    Yes
    Multicurrency
    Yes
    Companies must have an expected turnover of at least CHF 3,000,000.
    Switzerland Bank Account
    CHF 3,000,000
    Yes
    Multicurrency
    Yes
    Deposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
  • USA Bank Account - USD $ 1,400.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    USA Bank Account
    USD 100,000
    No
    USD
    Yes
    min deposit USD 100k and more AND/OR with revenues of USD 1M
    USA Bank Account
    from 10,000 but preferred 250K-300K
    Yes
    USD, Multicurrency
    Yes
    They tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
    USA Bank Account
    USD 5,000
    Yes
    USD
    Yes
    The company should trade in Asia and the USA.
    USA Bank Account
    Typically USD 25,000 - USD 50,000, for high risk USD 500,000
    Yes
    USD
    Yes
    At least one US based signatory is required. Purpose to open an account in US is required.
  • Vanuatu Bank Account - USD $ 500.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Vanuatu Bank Account
    1,500 EUR
    No
    EUR, GBP, USD
    Yes
    Outgoing USD transactions cannot be facilitated.
  • EMI Account - USD $ 300.00

    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    DNBC (CA) (former DSBC)
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Hong Kong EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Kazakhstan EMI Account
    Depending on category.
    No
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    Yes
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, USD, GBP, SEK, JPY, HKD
    Yes
    Luxembourg EMI Account
    N/A
    No
    Multicurrency
    Yes
    Singapore EMI Account
    N/A
    Yes
    SGD, USD
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    EUR, GBP
    Yes
    United Kingdom EMI Account
    N/A
    No
    EUR, GBP
    Yes
    United Kingdom EMI Account
    Depending on category.
    No
    EUR, GBP
    Yes
  • Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

    Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

    Saint Vincent and The Grenadines Company (BC/LLC) Annual Fees – USD 800.00 (payable every December)

    Nominee Services (Optional)

     

    *If an Apostilled and Notarized General Power Of Attorney to be designated as attorney-in-fact is required, there is an additional one-time fee of USD 350.00 (Optional)

    Other Services (Optional)

     

    Please, contact us for further information.

    Bank Account

    Company Type

    Nominee Services

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