Limited Liability Company (single or series)St. Vincent & Grenadines
What it takes to form, own and run a private limited company in St. Vincent & Grenadines, 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 member or manager of a LLC is liable personally for any such debt, obligation or liability of the LLC solely by reason of being a member or manager
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One or more persons may form a LLC by requiring a registered agent to sign articles of formation in the prescribed form and filing them with the Registrar.
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A person may be admitted to a LLC as a member of it and may receive an interest without making a contribution or being obligated to make a contribution to the LLC.
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shall not be subject to any corporate tax, income tax, withholding tax, capital gains tax or other like taxes based upon or measured by assets or income originating outside the State
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- A member's contribution may be cash, property, services rendered, or a promissory note or other obligation to contribute (LLC Act Cap. 151 s.48); a person may be a member without making or being obligated to make a contribution (s.34(3)); except as the LLC agreement provides, a member is liable to perform any promise to contribute (s.49(1)).
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A person may be admitted to a LLC as a member of it and may receive an interest without making a contribution or being obligated to make a contribution to the LLC.
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 1 · one person may form it alone
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One or more persons may form a LLC by requiring a registered agent to sign articles of formation in the prescribed form and filing them with the Registrar.
- A local company secretary
- Not required
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There is no residency or nationality requirement for managers, members and/or officers of a St. Vincent and the Grenadines formed LLC.
- A local registered agent
- Required
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A LLC shall at all times have a registered agent in Saint Vincent and the Grenadines.
Each year, at the registry
- Annual registry fee
- USD 100 (about €87)
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Annual Fee $100.00
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Limited Liability Company (single or series) are in our records.
What is public
Not in our records What the register shows the public is not in our records for the Limited Liability Company (single or series).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies
LLC Act s.91(1): not subject to income tax on income originating outside the State; s.91(2): may irrevocably elect in its articles to pay income tax at 1% on annual profits. No page read states the rate or treatment of SVG-source income of an LLC.
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shall not be subject to any corporate tax, income tax, withholding tax, capital gains tax or other like taxes based upon or measured by assets or income originating outside the State
- CFC rules in St. Vincent & Grenadines
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
Not in our records Route, Statutory fee: none of these is in our records for the Limited Liability Company (single or series).
Every business in St. Vincent & Grenadines
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for St. Vincent & Grenadines.
Payment and banking services
None of the services whose lists we hold names St. Vincent & Grenadines. 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
- Limited Liability Company (single or series)
- Identifier
- VC-LLCA form ISO 20275 does not list.