St. Lucia Offshore Company Formation: St. Lucia Company Registration – Business Set Up
In this video, SFM explores one of the world’s most popular Offshore jurisdictions and details the benefits you can get for setting up your company in St. Lucia.
Let’s explore the value of incorporating your business in the British Virgin Islands.
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Transcript
A St Lucia International Business company offers many offshore benefits. It is the flexibility that the jurisdiction is credited for that attracts many business owners.
St Lucia maintains strong anti-fraud and anti-money laundering laws to protect its international business company and banking sectors.
St Lucia has an online public Registry of International Business Companies and International Trusts. The public registration of a company’s registers of Shareholders, Directors, Officers, and Charges remains optional. Members of the public may inspect the register and obtain copies of the Certificate of Incorporation, Articles & Memorandum of Association, and any other publicly filed document.
St Lucia companies are required to prepare financial statements in accordance with IFRS rules within 3 months of a company’s financial year-end. There is no auditing requirement.
IBCs incorporated after 2018 are taxable under the new territorial tax system and shall be subject to tax at 30% on income sourced within Saint Lucia. Their income from foreign sources, including dividends or capital gains, will not be taxed in Saint Lucia.
SFM can assist you with your company Incorporation, which requires no paid-up capital and a minimum of one director and one shareholder.
St. Lucia companies are ideal for businessmen, consultants, traders, custody of real estate, e-commerce, expatriates, and inheritance purposes.
St Lucia companies can be incorporated in 2-3 days with SFM.
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Thank you for watching.
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