St. Lucia

St. Lucia - IBC/Other jurisdictions

Saint Lucia is an island jurisdiction located on the island of the same name in the Caribbean region, off the coast of South America. The island, having a wonderful climate, is known as a popular holiday destination, visited all year round by tourists from Europe and America.
The country, a former colony of Great Britain, became independent only in 1979. The political system of Saint Lucia is based on the British model; The head of state is nominally the Queen of Great Britain, who is represented by the Governor-General in Saint Lucia. Legislature - Parliament, consisting of two chambers. Executive power is exercised by the government headed by the prime minister.

Saint Lucia is a member of the British Commonwealth and the United Nations.  
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The registration and activities of companies under the jurisdiction of Saint Lucia are governed by the legislation of The International Business Company Act 1999.

  • Basic information about jurisdiction

    Area – 620 sq. кm
    Population – 160.000
    Government – country of the British Commonwealth
    Capital – Castries
    Official language – english
    Official currency – Caribbean dollar (XCD)
    Time zone – GMT–4

  • Company type

    International Business Company (IBC)

  • Directors of the company

    Quantity: at least one
    Status: natural or legal persons
    Residents: residents of any country
    Information about directors: only in the Register of Enterprises of Saint Lucia
    Nominee directors: allowed   

  • Shareholders of the company

    Number: at least one
    Status: natural or legal persons
    Residents: residents of any country
    Information about shareholders: only in the Register of Enterprises of Saint Lucia
    Nominee shareholders: allowed

  • Secretary Company

    Number: at least one
    Status: natural or legal persons
    Residents: residents of any country
    Information about secretary: only in the Register of Enterprises of Saint Lucia
    Nominee Secretary: allowed

  • Share capital

    Standard declared capital is USD 50,000.
    There are no requirements for payment of this capital or part of it.  

  • Company Name

    Must end with the words' 'Incorporated' ',' 'Corporation' ',' 'Limited' 'or the abbreviations'' Inc. '', '' Corp. '', '' Ltd. '', '' GmbH '', ' 'S.A' '. Registration of names containing the words '' Bank '', '' Insurance '', '' Assurance '', '' Imperial '', '' Royal '', etc., is allowed only after obtaining the appropriate licenses.

  • Information about the real owner of the company

    Information about the real owner is submitted only to the registration agent and is confidential.

  • Annual Return

    Requirements for the submission of the annual report is not put forward.

  • Financial Statement

    Requirements for the submission of a financial statement is not put forward.

  • Taxation

    Taxation of IBC companies - 0%.

  • Double tax treaties

    Saint Lucia does not have double tax treaties with other countries.
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  • The term of registration of a new company

    6-7 business days; The delivery deadline for a full package of documents is 4-5 weeks.

  • Acceptance of third-party companies for servicing FIVECONSULT

    Only in consultation with the previous serving agent in Saint Lucia.

  • Set of constituent documents of the company

    1) registration certificate (Certificate of Incorporation);
    2) articles of association / Memorandum and Articles of Association, signed by the first founders of the company (Subscribers);
    3 a) a report on the appointment of a nominee director (Resolutions of the Incorporator / Shareholder);
    4) two blank (blanco) general powers of attorney (General Power of Attorney) signed by a nominal director;
    5 ) confirmation of the nominee director of the transfer of the company to its real owner (Agreement for the provision of nominee services and indemnification of the nominee);
    6) Resignation letter of nominal direct ra, signed, but without a date;
    7) share certificates (Share Certificates) with the signature of the nominee director;
    8) register of directors and shareholders (Company Register);
    9) printing company.

  • Ready-made companies

    We are ready to register a new company for your order.
  • FIVECONSULT Comment:
    Saint Lucia is a classic tax-free jurisdiction that does not require complex maintenance procedures and annual company reporting. Since the tax-free legislation in Saint Lucia is relatively recent (since 1999), the country simply did not have time to acquire such popularity among entrepreneurs as other, the most well-known offshore jurisdictions.

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