St. Vincent & Grenadines
St. Vincent & Grenadines: 2 company types, its taxes, banking and business environment.
Forming a company
Company types in St. Vincent & Grenadines
The 2 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names St. Vincent & Grenadines. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for St. Vincent & Grenadines.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for St. Vincent & Grenadines: where to register, file and check.
Blocs and agreements
The trade arrangements St. Vincent & Grenadines belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- CARICOM Single Market and Economy
- Single market · since 2006
Covers goods, services, establishment, capital, movement of people, a common external tariff.
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They were Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago.
- OECS Economic Union
- Economic union · since 21 January 2011
Covers goods, services, establishment, capital, movement of people, a common external tariff.
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The British Virgin Islands, Anguilla, Martinique, Guadeloupe and Saint Martin are associate members of the OECS.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 28%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- USD 100
VAT
The tax on what the company sells in St. Vincent & Grenadines, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for St. Vincent & Grenadines.
Tax calendar
When the main returns and payments fall due in St. Vincent & Grenadines, tax year 2026, as the tax authority states it.
- Corporate tax return
- 3 months after the end of the accounting period · each year
the CIT return is filed three months after the company's financial year ends. The Department states the same date for filing and for paying corporation tax.
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When should CIT returns be filed? Three (3) months after the company's financial year (FY) ends.
- Corporate tax, final payment
- 3 months after the end of the accounting period · each year
corporation taxes are paid three months after the company's financial year ends, the same date as the return.
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When should corporation taxes be paid? Three (3) months after the company’s financial year (FY) ends.
- Corporate tax, instalments
- Stated; see the note
estimated tax is paid in four instalments in the 6th, 9th and 12th months of the income year and three months after the income year ends; the CIT section lists 'Quarterly Instalments'. For the calendar income year these fall at the end of June, September and December and at the end of March, i.e. each quarter end.
- Personal income-tax return
- 31 March · each year
returns on income are filed on or before 31 March following the calendar year in which the income was earned.
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When should returns on income be filed? On or before the 31st March following the calendar year in which income was earned.
- Personal income tax, final payment
- 31 March · each year
personal income taxes are paid on or before 31 March following the calendar year in which the income was earned, the same date as the return.
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When should Personal Income taxes be paid? On or before the 31st March following the calendar year in which income was earned.
- Personal income tax, instalments
- Stated; see the note
estimated tax is payable by every person except taxpayers with employment income only, where the tax chargeable on assessment as reduced by tax deducted at source is more than $600; it is paid in four instalments in the 6th, 9th and 12th months of the income year and three months after the income year ends.
- VAT return
- Day 15 of the following month · each month
VAT returns are filed and the tax paid on or before the 15th of the month following the tax period (a calendar month) in which it was collected.
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When should VAT returns be filed and taxes paid? On or before the 15th of the month following the tax period in which it was collected.
- Payroll withholding
- Day 15 of the following month · each month
PAYE remittances are filed and the tax paid on or before the 15th of the month following the tax period (month) for which it was withheld. The annual PAYE return is separately due 31 January of the following year; this row records the monthly remittance.
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When should PAYE remittances be filed and taxes paid? On or before the 15th of the month following the tax period (month) for which the tax was withheld by the employer.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for St. Vincent & Grenadines yet.
Economy and trade
What it exports
Goods St. Vincent & Grenadines exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes St. Vincent & Grenadines’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods HS 8901 | 6.6% | 4.4% | 23.7% | US$6 m |
| Yachts and other vessels for pleasure or sports; rowing boats and canoes HS 8903 | 18.8% | 18.3% | 13.3% | US$4 m |
| Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious-metal compounds, of a kind used principally for the recovery of precious metal other than goods of heading 8549 HS 7112 | 0.28% | 1.3% | 10.0% | US$3 m |
| Wheat or meslin flour HS 1101 | under 0.05% | 17.2% | 7.4% | US$2 m |
| Molluscs, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process HS 0307 | 7.7% | 5.5% | 7.3% | US$2 m |
| Preparations of a kind used in animal feeding HS 2309 | under 0.05% | 10.8% | 5.7% | US$2 m |
| Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling in water, whether or not chilled, frozen, dried, salted or in brine HS 0306 | 0.09% | 2.8% | 3.4% | US$1 m |
| Seeds, fruit and spores, of a kind used for sowing HS 1209 | under 0.05% | under 0.05% | 3.0% | US$1 m |
| Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other non-alcoholic beverages, not including fruit, nut or vegetable juices of heading 2009 HS 2202 | under 0.05% | 2.3% | 2.4% | US$1 m |
| Paintings, drawings and pastels, executed entirely by hand, other than drawings of heading 4906 and other than hand-painted or hand-decorated manufactured articles; collages, mosaics and similar decorative plaques HS 9701 | under 0.05% | under 0.05% | 2.4% | US$1 m |
Total goods exports, 2024: US$26 m. The ten largest headings are shown.