St. Vincent

St. Vincent is an independent state that is part of the Lesser Antilles in the Caribbean. The area of ​​the country is 389 square kilometers. The monetary unit of the state is the East Caribbean dollar.

In 1996, Saint Vincent and the Grenadines adopted a package of 6 legislative acts, thanks to which the country became one of the most tax-free jurisdictions in the world. This greatly increased the interest of many entrepreneurs in this jurisdiction. Among the main advantages of jurisdiction are the following:

• Ability to organize a FOREX broker without a license
• Authorized Trust Management without a license
• Notaxation
• No requirements for annual reports.
• No minimum share capital requirements
• Bearer shares allowed
• Lack of exchange controls.

Type of Company:
IBC (International Business Company) - offshore companies that are not allowed to do business in the country of incorporation.