External company (formed abroad, registered to carry on business in Grenada)Grenada
What it takes to form, own and run a private limited company in Grenada, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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No external company shall begin or carry on business in Grenada until it is
Form it
Who registers it
- Registry
- Registrar of the Supreme Court
- Formed without visiting
- Not in our records
- Formed online
- Not in our records
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- No capital is required of an external company; its registration statement states its authorised, subscribed and paid-up capital as formed abroad (s.344(1)(j)).
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(j) the authorised, subscribed and paid-up or stated capital of the company, and the shares that the company is authorised to issue and their nominal or par value, if any;
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- Does not apply
- A local company secretary
- Not required
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In order to register under this Act, an external company shall file with the Registrar a statement in the prescribed form setting out—
- A local registered agent
- Required
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resident in Grenada to act as the attorney of the company for the purpose of receiving
Each year, at the registry
- Annual registry fee
- 100 (currency not stated by the source)
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for filing annual return
- Accounts on the public record
- No
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The provisions of sections 18 to 23, 515 and 516 and the provisions of Parts II, XV and XIX apply, mutatis mutandis, to external companies.
- Audit for a small company
- Not required
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The provisions of sections 18 to 23, 515 and 516 and the provisions of Parts II, XV and XIX apply, mutatis mutandis, to external companies.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Annual return made up to 31 December, with the prescribed documents and fees
- 1 April
With Registrar of the Supreme Court
s.356(1): not later than 1 April each year after registration. Separate from the company annual return in s.194.
What is public
- Directors
- Public
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full names, addresses and occupations of the directors of the company.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 30%
"Company" in the Income Tax Act means a body corporate wherever incorporated; a company is charged at 30 per cent (Fifth Schedule).
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a company 30 per cent
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in Grenada
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- The Registrar may strike an external company off the register that neglects or refuses to file a return (s.356(3)). Other exit routes not read in this pass.
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The Registrar may strike-off the register an external company that neglects or
- Statutory fee
- Not in our records
Every business in Grenada
VAT
- Standard rate
- 15%
VAT Act Cap. 333A s.8(3): 15% standard; 0% on zero-rated supplies; 10% on accommodation (as amended by the 2014 Amendment Act) and on the dive portion of a dive package to the extent the Regulations provide.
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(e) in any other case, fifteen per cent.
- Other rates
- 0% Zero-rated supplies and imports (exports and others in the Schedules)
- 10% Supplies of accommodation
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(a) if the supply or import is zero-rated, zero per cent;
- Registration threshold
- XCD 300,000
value of supplies in the course of a taxable activity; any 12 months, or one-third in 4 months, or expected over the next 12 months
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A person is required to be registered under this Act if on the last day of any month— (a) the person exceeds the registration threshold in the period of twelve months ending on that day;
- Voluntary registration
- Yes
A person not required to register may apply at any time (s.13); the Comptroller registers the person if satisfied it makes taxable supplies, has a fixed place of business, will keep proper records and file regular returns, and has complied with other tax laws including customs.
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A person who is not required under this Act to be registered, may apply for registration at any time if the person makes, or intends to make, supplies that would be taxable if the person were registered
- A foreign company
- The same threshold applies; no local representative required
A non-resident supplier who exceeds the registration threshold must register (s.9(1)); it may choose not to register if all its taxable supplies and imports go through registered resident agents (s.9(6)), and a resident agent of a non-resident principal must register when the principal must (s.9(5)). The Act does not make a representative compulsory. Services supplied from abroad to a recipient in Grenada are dealt with by the reverse charge on the recipient (s.22).
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A non-resident supplier who is required to be registered, may choose not to apply for registration, if all the taxable supplies or imports made by the supplier are made through one or more resident agents who are registered.
- Returns filed
- Monthly
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“tax period” means a calendar month;
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
None of the services whose lists we hold names Grenada. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- External company (formed abroad, registered to carry on business in Grenada)
- Identifier
- GD-EXTERNAL-COMPANYA form ISO 20275 does not list.