For entrepreneurs and digital nomads, the search for a tax-efficient, private, and flexible business home often leads to the Caribbean. Specifically, St. Vincent and the Grenadines (SVG) has emerged as a top-tier destination for international business.
The SVG Advantage
Setting up an entity in St. Vincent isn’t just about the tropical backdrop; it’s about a legal framework designed for growth. Here’s why it works:
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Tax Efficiency: Enjoy 0% corporate tax on foreign-sourced income, with no capital gains or withholding taxes.
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Privacy First: SVG offers high levels of confidentiality. While you must disclose beneficial owners to the registry, this information is strictly kept off public records.
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Minimal Red Tape: There are no requirements for local directors or annual audits, making it one of the easiest jurisdictions to maintain from abroad.
Quick Setup Guide:
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Select a Name: Ensure it ends with Ltd or LLC.
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Submit KYC Docs: You’ll need a certified passport copy and proof of address.
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Appoint an Agent: You must use a licensed local registered agent to file the paperwork.
Final Thoughts
If you are looking to protect your assets while scaling globally, few places offer the same level of freedom as the Grenadines. When you are ready to begin, professional guidance for business set up in St. Vincent ensures your business is compliant and ready for the global market from day one.
