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SVG ibc Company formation

International Business Company formation

in St. Vincent and the Grenadines

 

SVG Off Shore

The Grenadines are enchanted, idyllic islands scattered down the Eastern Caribbean from St. Vincent in the north to Grenada in the south, approximately 1600 miles southeast of Miami. Each island is very individual in style and appeal although all are unspoiled with irresistible white sand beaches, warm clear seas and remoteness from the pressures of life. Discovered by Columbus in 1498, this multi-island state belonging to the British Commonwealth became independent on October 27, 1979. The main city and financial center, Kingstown, is situated on St. Vincent Island.

Saint Vincent and the Grenadines is an independent nation. It is a full member of the British Commonwealth, the United Nations, the Organisation of American States, the International Labour Organisation, Caricom, and the Organisation of Eastern Caribbean States.
In 1996, the government of St. Vincent and the Grenadines created a new International Financial Services Authority and enacted a set of laws that not only reflect the best elements of modern offshore legislation, but also accept the reality of today's information technology.

 

There are up-to-date laws governing International Business Companies, International Banks and International Trusts, as well as a law ensuring proper preservation of confidential relationships in financial services. For the international client, whether corporate or private, St. Vincent offers a secure and modern environment in which to do business.

 

Advantages of an IBC in St. Vincent and the Grenadines
- Only needs one director, who may be an individual or a corporation
- IBC's are exempt from tax and stamp duties for twenty years from incorporation.
- An IBC is not required to file any annual returns with the government of St. Vincent and the Grenadines
- May be administered from any place in the world
- Its books, records and seal may be kept outside of St. Vincent and the Grenadines.
- May issue shares with qualifications rights, privileges, limitations and restrictions and in one or more currencies
- Registered or Bearer Shares are available.
- All certificates, seals and resolutions are optionally available for your IBC.
- Limited liability of shareholders.
- No annual external audit is required for an IBC in SVG and financial statements are not required to be published.
- No fixed limit on the amount of authorized capital subject to a minimum of USD 1.00.
- No investment restrictions except that an IBC currently cannot purchase real property in St. Vincent and the Grenadines.
- No restrictions on borrowing or distribution of dividends except those provided in the Articles of Incorporation.
- No restrictions on percentage or ownership of shares.
- Non-resident IBC shareholders are exempt from all income taxes, capital gains taxes and corporate taxes in St.
- Vincent and the Grenadines Share capital may be expressed in any currency although usually the US Dollar is used.

 

IBC Fees

 

Description Amount USD $ Amount EUR €
Incorporating Total Fees First Year* $ 670 495 €
Courier of Documents to any destination $ 80 60 €
Total $ 750 555 €
Standard Shelf Company registered in 2011 $ 1.250 890 €
IBC Renewal Fee $ 350 260 €
Late Penalty Fee per month (renewals fees to be settled by 15 of Jan of each year) $ 25 20 €

 

All fees are in $/€ and subject to change without notice.

GBP (Global Business Package)

Description Amount USD $ Amount EUR €
GBP with Cirrus/Maestro* $ 995 735 €
GBP with MasterCard* $ 1.195 880 €
Standard shelf company registered in 2011, with Mastercard and Digipass* $ 1.450 1.030 €
Standard shelf company registered in 2011, with No-Name EUR and USD Cirrus/Maestro cards and Digipass* $ 1.600 1.135 €

 

All fees are in $/€ and subject to change without notice.

 

*GBP with Cirrus/Maestro includes:
• IBC Registered in St. Vincent and the Grenadines
• Bank Corporate bank account with Cirrus/Maestro debit card for your new IBC
• Digipass to initiate bank transactions in a secure way
• Courier for IBC documents and Regular Air Mail for banking package
*GBP with MasterCard includes:
• IBC Registered in St. Vincent and the Grenadines
•  Bank Corporate bank account with MasterCard debit card for your new IBC
• Digipass to initiate bank transactions in a secure way
• Courier to any destination

GBP Off Shore

 

Package and Company need to be recommended and authorized by authorized agent!

 

*Standard shelf company registered in 2013, with Mastercard includes:
• Standard shelf company registered in ST.Vincent and the Grenadines
• Bank Corporate bank account with MasterCard debit card for your company (1 card)
• Digipass to initiate bank transactions in a secure way
• Courier to any destination
*Standard shelf company registered in 2011, with No-Name Cirrus/Maestro bank cards include:
• Standard shelf company registered in ST.Vincent and the Grenadines
• Loyal Bank Corporate EUR and USD bank account with no-name EUr and USD Cirrus/Maestro debit cards for your company
• Digipass to initiate bank transactions in a secure way
• Courier for IBC documents and Regular Air Mail for banking package

 

IBC Incorporation for the first year includes:
Certificate of Incorporation
Certificate of Exemption from Direct Taxes
Certificate of Exemption from Import Duties
Articles of Incorporation
By-Laws
Share Certificate
Resolution of the Directors Extra Services

 

Extra Services for GBPs:

 

Description Amount USD $ Amount EUR €
Corporate Director $ 350 250 €
Corporate Shareholder $ 300 215 €
Extra bankcard – Cirrus/Maestro $ 15 / card 12 € / card
Extra bankcard – MasterCard $ 25 / card 20 € / card
Multicurrency Account $ 9 / mult.acc. 8 € / mult.acc.

 

All fees are in $/€ and subject to change without notice.

 

Off-shore Charter Pack

Off-shore Yacht charter Pack

Company Formation

US LLC Company Formation
UK LTD Company Formation
SVG IBC Company Formation

PANTAENIUS Insurance

Pantaenius Insurance

Contacts:

HINCO
HINCO-YACHTING
Unit 7002
PO Box 15113
Birmingham
B2 2NJ , UK
Mitja Hajdinjak
Kranjceva ul. 47
9220 Lendava
Slovenia
T: +44 7408862661 T. +386 41 737120
Mail: