What are the requirements for registering a Saint Lucia company

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Company News admin 2023-06-21 16:25:52 219

Overview of Saint Lucia company registration

Saint Lucia (Saint Lucia) is located in the middle of the East Caribbean windward Islands, covering an area of 616 square kilometers, its unique geographical location and climate conditions make this island beautiful scenery, flowers, known as the "Caribbean beauty". This beautiful volcanic island country is loved by travel enthusiasts for its unique scenery. Since the launch of the investment immigration project, the island has attracted the attention of domestic investors.


【 National Economic strength 】


Saint Lucia has a strong economic strength. According to the ranking of Germany's famous statistical agency, Saint Lucia's GDP ranks first among the island countries all year long, and its human settlement income and GDP are much higher than that of Mexico, Brazil, Colombia and other major countries in the Americas. The 2022 Global Index of Economic Freedom ranking also shows that Saint Lucia ranks first among island countries in economic freedom, with scores well above the Americas and the world average!


【 Pillar industry of national economy 】


Saint Lucia's economy is mainly based on tourism and offshore finance. With an estimated 350,000 tourists visiting the Saint Lucia coast each year, Saint Lucia's tourism industry accounts for approximately 65% of the GDP and is an important part of Saint Lucia's thriving economy.


Saint Lucia is one of the most unique places to experience a Caribbean vacation today, with hotels ranging from all-inclusive resorts to classic inns, and boutique hotels that will amaze you with their spas and wellness programs.


In addition, the financial sector accounts for about 14.6% of GDP, and Saint Lucia offers offshore trusts, mutual funds, insurance companies, the creation of offshore bank accounts and other businesses.



Advantages and main uses of offshore companies in Saint Lucia

Capital gains tax minimization and exposure



Financial security through international diversification


No tax or low tax (IBC can choose to be exempt from income tax or pay 1% income tax)


Lack of exchange controls, currency controls or capital controls


Strict confidentiality policy for the names of directors and shareholders


Strict procedures to curb money laundering and other illegal activities


Unless IBC elects to pay a 1% tax, no audit or annual filing is required


Modern company law


Maximum flexibility and control


Simple registration procedure


English common law system


Minimum corporate disclosure requirements


Minimum government annual fee


Meetings can be held anywhere in the world


Financial records are not mandatory and are not open to the public - Wisdom Consulting


No reporting requirement


Nominations for directors and shareholders are available




Main uses of Saint Lucia IBC Company

Privacy and asset protection


Offshore savings and investments


Professional service firm


International trade


Tax planning


Captive, reinsurance, life and general insurance


Holding service


Offshore savings and investments


International trade


Financial management




Saint Lucia Offshore IBC company registration service

Includes:


Government Registration Fee (first year)


Registered Office Address (first year)


Registered Agent Service (first year)


Company secretary maintenance


Certificate of incorporation


Memorandum and articles of association


Appointment of the first director


Agreed action by the board


Stock certificate


Register of directors


roster


Register of shareholders


Free phone and/or email consultation