The requirements for the incorporation of an IBC are as follows:
1. Porposed name
Two or three names should be suggested in order of priority in case one or the other is not available.
2. Particulars of the beneficial owner:
- Name
- Address
- Occupation
- Date of Birth
- Telephone and Fax numbers
- Identification pages of his/her passport
- Passport Number
- Type of business the company will be involved in
3. Payment of Fees
| Incorporation and 1st Year Fees and Taxes | Annual Maintenance Fees and Taxes | ||
|---|---|---|---|
| Type of company | IBC | IBC | |
| Incorporation Fee | US$ 850 | ||
| Government Fee | 90 | Government Fee | 150 |
| Nominee Director* | 550 | Nominee Director | 650 |
| Nominee Shareholder* | 550 | Nominee Shareholder | 550 |
| Registered Agent/Office | 950 | Registered Agent/Office | 950 |
| Corporate Requirements | |||
| Standard authorised share capital | US$ 100 (there is no maximum) | ||
| Bearer shares allowed? | Yes | ||
| Minimum number of shareholders/members | One | ||
| Minimum number of directors | One | ||
| Corporate directors permitted? | Yes | ||
| Local directors required? | No | ||
| Local meeting required? | No | ||
| Company secretary required? | No | ||
| Other Services which we provide | |||
| Nominee Declarations | 150 | ||
| Amending nominee Declarations | 125 | ||
| Certifications of documents by secretary | 40 | ||
| Change of company name | 250 | ||
| Changing company directors | 125 | ||
| Company searches | 150 | ||
| Increase in authorised share capital | 200 | ||
| Obtaining certificate of good standing | 125 | ||
| Opening company bank account | 450 | ||
| Signatory to account | 150 | ||
| Preparing share transfer document | 125 | ||
| Provision of certified copy of documents | 175 (notarised only) | ||
| Provision of Power of Attorney | 250 | ||
| Banking facilities | 250 | ||
| Duplicate of originals | 50 | ||
| Corporate seal | 30 | ||
| Apostille | 100 | ||
| Basic resolution | 50 | ||
| Exclusiv telephone line and answering services (plus disbursements) | 850 | ||
| Courier services (plus cost) | 25 | ||
Note: all fees are quoted in United Stated Dollars (US$). Currency Converter
1) This fee includes all costs involved in registering the company with the St. Vincent & The Grenadines authorities and the provision of copies of the articles and the minutes necessary to appoint the first directors and shareholders. This fee does not include the cost of providing the company with a Company Seal and Minute Book.
2) Includes the provision of registered office/agent, statutory filings and notices, standard nominee shareholders and corporate nominee director (US$ 50 transaction charge applies).
3) All time is charged on an hourly basis and the minimum fee is credited against the actual time incurred.
4) This fee includes the provision of three professional directors and company secretary.
5) * indicates optional
