Payment providers (EMIs)
The main and fastest route for an LLC: quick setup, multi-currency operation and remote opening for international activity.
- Multi-currency details
- International transfers
- Online management
We set up a Limited Liability Company (LLC) for international trade, holding and asset protection. Saint Vincent applies a territorial basis: foreign-source income is not taxed, and the LLC is exempt from local taxes by statute. Members' details are not entered on the public register. We prepare the incorporation documents, appoint a licensed registered agent and provide a registered office in the jurisdiction. We assist with opening a bank or payment account. The whole project runs remotely - from the name check to a complete set of corporate documents.
A brief overview of the corporate, tax and annual conditions in Saint Vincent and the Grenadines for non-residents.
A Limited Liability Company under the LLC Act 2008 - a flexible vehicle for international trade, holding and asset protection. A separate legal entity with limited liability for its members.
The company can be wholly owned by a non-resident. A single member and a single manager are enough, and they may be the same person. There are no residency requirements.
A licensed registered agent and a registered office in Saint Vincent are mandatory - we provide both. A non-resident cannot file directly; incorporation goes through the agent.
Territorial basis: foreign-source income is not taxed. The LLC is exempt from local taxes by statute and receives a certificate of exemption. No capital gains tax on foreign transactions.
There is no minimum capital requirement and nothing to pay up in advance. Member contributions are set out in the operating agreement in any currency. Bearer shares are not permitted.
An annual government fee due in December, plus renewal of the registered agent and office. Records are kept, but the LLC does not file financial statements, tax returns or member details on any register.
The final cost depends on the chosen package, the registered agent and support services, and any additional tasks in the project.
Information current as of July 2026.
From basic LLC formation to a full package with annual maintenance and banking support.
Basic LLC formation
Annual maintenance included
Manager, member and documents
To launch an LLC with manager or member services, a full document set and a matched banking solution.
Important: we advise on choosing a bank or payment provider and help you prepare for the application, but we cannot guarantee account opening. The final decision always rests with the bank or EMI after reviewing the company and its beneficial owners.
Saint Vincent is chosen by entrepreneurs and groups who need a flexible, tax-neutral structure for activity outside the jurisdiction: a territorial basis, a statutory exemption from local taxes, and member privacy - for international trade, holding, IT and asset protection.
Holding shares, stakes and foreign assets of a group through an LLC. The holding's foreign-source income is not taxed in Saint Vincent, and members are not disclosed on the public register.
A flexible base for cross-border trade, consulting and agency services. Settlements with counterparties worldwide, with no exchange controls and no tie to the local market.
A structure for online stores, SaaS and IT services with an international audience, as well as for holding intellectual property and licences.
Ring-fencing assets through an LLC with strong protection: for a member's personal debts, a creditor's sole remedy is a charging order over that member's interest, with no access to the company's own assets.
Foreign-source income is not taxed. The LLC is exempt from local taxes by statute and receives a certificate of exemption. No capital gains tax on foreign transactions.
The names of an LLC's members and managers are not entered on the public register. Details are held by the registered agent and disclosed only on a formal, lawful request from the competent authorities.
The legal system is based on the English model, with final appeal to the Privy Council in London. No exchange controls, no minimum capital and no residency requirements for members.
The sector is supervised by the Financial Services Authority (FSA). Saint Vincent is not on the FATF grey list and has completed its CFATF regional assessment - which makes working with banks and payment providers smoother.
To register an LLC you will need the members' documents and a decision on the company structure. Every step is completed remotely through a licensed registered agent, after an initial review of the details.
The exact documents may vary depending on the ownership structure, members' residency and the registered agent's requirements.
A single manager is enough - an individual or a corporate body of any nationality or residency. There is no requirement for a Saint Vincent resident manager. An LLC's manager details are not entered on the public register. We can provide manager services if needed.
From a single member - an individual or a corporate body of any nationality. The member and the manager may be the same person. Member details are not filed on the public register; they are held by the registered agent and disclosed only on a lawful request from the competent authorities.
Mandatory by law: a licensed registered agent in Saint Vincent. A non-resident cannot file directly, the application goes through the agent. Appointed at registration and renewed annually - we provide this.
A registered office in Saint Vincent through the registered agent, for official correspondence. Included in the package.
There is no minimum capital requirement and nothing to pay up in advance. Member contributions are set out in the operating agreement in any currency. The annual government fee is fixed, does not depend on the size of contributions, and is paid in December.
In Saint Vincent, an LLC is exempt from local taxes by statute and files no tax return on foreign income. Obligations are minimal: renewal of the registered agent, the annual government fee and keeping internal accounting records. The key is to keep the company in good standing.
Tax on foreign income
0%
on an LLC's foreign-source income, exempt by statute
Tax return
not filed
an LLC files no tax return for activity outside Saint Vincent
Economic substance
not applicable
economic substance requirements do not apply to an LLC by law
Record-keeping
kept internally
records are kept, but no filing of accounts or financial statements is required
Territorial basis
An LLC pays no tax on income earned outside Saint Vincent. More than that, the LLC is exempt from local taxes by statute and receives a certificate of exemption at registration.
Records and privacy
An LLC keeps internal accounting records reflecting its financial position, but files no financial statements or tax return. Member details are not filed on the public register. Economic substance requirements do not apply to an LLC.
Tax in your country of residence
An exemption in Saint Vincent does not remove tax in your country of residence. The jurisdiction takes part in international information exchange, and CFC or anti-avoidance rules may apply - assess this in advance.
Keep internal accounting records reflecting the company's financial position
Renew the registered agent and registered office
Pay the annual government fee in December to maintain good standing
Keep records with the agent or elsewhere as the company decides
Complete KYC with the agent and update details when they change
For an LLC operating solely abroad, there is no mandatory audit, public reporting or tax return. An exemption in Saint Vincent does not remove tax obligations in your country of residence. We recommend assessing the CFC implications in advance.
Information current as of July 2026
The banking route depends on the company's activity, the geography of its payments and the profile of its beneficial owners. Saint Vincent has no exchange controls, so the main route for an LLC is international EMIs and banks in financial centres, rather than local island banks.
The main and fastest route for an LLC: quick setup, multi-currency operation and remote opening for international activity.
For projects with a clear structure and verifiable activity, we match banks in Singapore, Hong Kong and the EU for international settlements. The account is opened not in Saint Vincent, but in the chosen financial centre.
We prepare the company profile before the application. Companies from Caribbean jurisdictions face enhanced KYC at overseas banks, so we work through the structure and activity in advance to meet the bank's requirements.
We'll assess the activity, payment geography and bank requirements before any application.
The process covers an initial review, name reservation, preparation of the incorporation documents and filing through a licensed registered agent, followed by handover of the ready company. Every step is completed remotely.
Saint Vincent is a flexible, tax-neutral offshore option, but it does not suit every task. Below are the honest limitations and the jurisdictions that address them.
A Caribbean offshore company faces enhanced KYC at tier-1 banks, and some counterparties are wary of a classic offshore structure with no real presence.
Saint Vincent has almost no network of tax treaties, so for some countries income may be subject to withholding at source with no relief.
For an operating business with an office and staff, a non-resident offshore LLC loses out to jurisdictions with real presence and substance.
If counterparties and banks value a jurisdiction with stronger international recognition than a Caribbean offshore, it is worth considering a structure with well-established corporate law.
Real banks and an Asian gateway for trade and holding. Territorial tax, English-based law and a level of recognition a Caribbean offshore lacks.
A reputable offshore for holdings, deals and asset ownership. English-based law and wider recognition by banks, with comparable simplicity.
Territorial tax and a genuine Latin American jurisdiction for an operating business. A good fit when you need real activity and presence rather than a pure offshore.
A US-dollar jurisdiction with no exchange controls and well-established corporate law. Territorial tax for international trade, holding and asset ownership.
Every project is different - we tailor the solution to the specific task, jurisdiction and business model.
The client sold products through marketplaces and his own website to buyers in different countries, with payments coming in from everywhere. His home-country company added extra tax and reporting work, and the bank queried every incoming foreign payment. He wanted a simple structure for online sales, without heavy reporting and with settlements in several currencies.
Solution We set up an LLC and matched a payment provider for receiving funds from marketplaces and customers. We explained that foreign-source income is not taxed in Saint Vincent, while tax is assessed where he is resident.
Every payment from abroad used to trigger a question from the bank, and I got tired of explaining the same thing over and over. This setup is simpler and there are fewer questions - just right for my sales. It was all done remotely, I only sent over my passport and a couple of scans.
The client did development work for overseas customers and did not want his home-country company appearing on contracts and invoices. Some customers asked for invoices from a company rather than an individual. He was after an affordable structure to sign contracts and receive payment, but without unnecessary reporting and with privacy for the owner.
Solution We set up an LLC and explained that member details are not filed on the public register. We helped with a payment solution for invoicing customers. We flagged upfront that the exemption in Saint Vincent does not cancel tax where he lives.
What mattered to me was having a company on the contract instead of my personal details, and not paying a fortune for it. That's exactly how it worked out. I liked that they were upfront about tax back home from the start, not once it was too late to change anything.
The client held stakes in a couple of overseas projects plus some savings, all scattered across different names. He wanted to bring ownership into a single structure, so it would be easier to manage and not all sit in his own name. He was looking for a neutral jurisdiction with privacy and strong protection of his interest against third-party claims.
Solution We set up an LLC as a holding and consolidated the stakes under it. We explained how the protection works: for a member's personal debts, a creditor only gets a charging order over his interest, not access to the company's assets. The structure was set up transparently.
It's not about hiding from anyone, I just didn't want everything sitting in my name and in one pile. They calmly walked me through what's protected and how, and what not to count on. No promises of the earth, and that's what won me over, to be honest.
If you can't find your answer here, leave a request and we'll look at your situation personally.
Get a consultationRegistration of the LLC itself usually takes from 5 working days once the document set is ready and the review has passed. Documents are filed with the FSA through a registered agent, with no mandatory notarisation of the constitutional documents. What takes longest is not registration but account opening: that is a separate stage and is not part of the incorporation time. Realistically, allow a few weeks for a full launch with a working account.
No, a personal visit is not required. LLC registration is completed entirely remotely through a licensed registered agent: you send scans of the documents, pass the review and sign the forms remotely. A personal presence may be needed later - some banks ask for a meeting or video interview at account opening, and that depends on the bank.
An LLC in Saint Vincent is exempt from local taxes by statute and receives a certificate of exemption. Foreign-source income is not taxed under the territorial basis. But it's important to understand this: the exemption applies within the jurisdiction and does not remove your tax obligations where you are a tax resident. Under CFC and anti-avoidance rules, the company's income may be counted in your home country - so it's worth assessing this in advance.
Yes, and it is one of the key advantages of a Saint Vincent LLC. Member and manager details are not entered on the public register - they are held by the registered agent and disclosed only on a formal, lawful request from the competent authorities. That said, the agent must carry out KYC at registration, and banks request beneficial ownership details separately as part of their own compliance.
For an LLC that operates outside Saint Vincent, economic substance requirements do not apply by law - no office or staff on the islands are needed. The only requirements are a licensed registered agent and a registered office in the jurisdiction, both included in the package. Certain regulated activities require a licence, but that is beyond standard registration.
There is no minimum capital requirement, and no amount needs to be paid up in advance. Member contributions are set out in the operating agreement and may be in any currency. Bearer shares are not permitted. The annual government fee is fixed and does not depend on the size of contributions.
No, we cannot guarantee account opening - the final decision always rests with the bank or payment provider after reviewing the company and its beneficial owners. We advise on the route, prepare the company profile to meet the bank's requirements and help you get ready for the application. For an LLC from a Caribbean jurisdiction, the main route is international payment providers and banks in financial centres, rather than local island banks.
An LLC in Saint Vincent does not file a tax return or financial statements for activity outside the jurisdiction, and no audit is required either. Annual obligations are minimal: renewing the registered agent and registered office, paying the annual government fee in December, and keeping internal accounting records that reflect the company's financial position. Records may be held by the agent or elsewhere as the company decides.
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