Valsen Corporate

Saint Vincent and the Grenadines LLC

  • The St. Vincent and the Grenadines Limited Liability Companies Act 2008 allows the formation of both a Single LLC and a Series LLC. Under a Series LLC, a Single LLC is authorized ownership of multiple LLCs that own a single asset business. Each series, company or unit have different purposes, with members holding different rights, duties and powers. The Series LLC offers robust asset protection to investors under one company, with any liabilities of a single LLC within the Series neither affecting nor jeopardizing any other assets within it.

    Features

    St Vincent LLC

    Company Details

    General
    • Type of Entity

    LLC
    • Type of Law

    Common Law
    • Governed by

    Limited Liability Companies Act 2008
    • Registered Office in St Vincent

    Yes
    • Shelf company availability

    No
    • Our time to establish a new company

    2 Business Days
    • Corporate Taxation

    Nil
    • Access to Double Taxation Treaties

    No

    Share capital or equivalent
    • Standard currency

    US$
    • Permitted currencies

    Any
    • Minimum paid up

    No minimum
    • Usual authorized

    N/A
    • Bearer shares allowed

    N/A
    • No par value shares allowed

    N/A

    Managers
    • Minimum number

    One
    • Local required

    No
    • Publicly accessible records

    No
    • Location of meetings

    Anywhere
    • Corporate management allowed

    Yes

    Members
    • Minimum number

    One
    • Publicly accessible records

    No
    • Corporate member allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    No
    • Local or qualified

    No

    Accounts
    • Requirements to prepare

    No
    • Audit requirements

    No
    • Requirements to file accounts

    No
    • Publicly accessible accounts

    No

    Other
    • Requirement to file annual return

    No
    • Migration of domicile permitted

    Yes
    Advantages 
    1. As a separate legal entity distinct from Manager and Members, the LLC has a completely separate set of rights and existences
    2. Reduced exposure to risk, with no LLC Members being held personally liable or responsible for any form of company debt
    3. Companies are exempt for 25 years from all forms of taxation
    4. LLC use is unrestricted and the company is permitted to undertake any act established for a purpose that does not contravene St. Vincent and the Grenadines law
    5. Simplified business structure, requiring no corporate minutes or resolutions.
    The Valsen Advantage
    • Speedy, Efficient and consistent Services.
    • Relentless effort to obtain bank accounts.
    • Expert advice on structuring options.
    • Dedicated ongoing compliance support.