:
registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
1635.00 USD 675.00 USD 1 0.0-30.0% No No

sent_lyuchiya_0.jpgSaint Lucia is one of the most beautiful islands in the Caribbean. It is situated between Martinique and Saint Vincent in the eastern region of the Caribbean Sea and is part of the Lesser Antilles archipelago.

The country is one of the former colonies of the Great Britain. Saint Lucia became independent in 1979. The political system of Saint Lucia is not surprisingly based on the British model. The country is member of the British Commonwealth and the United Nations.

The official language is English, and French is also prevalent.

Saint Lucia is currently classic tax-free jurisdiction that does not require complex procedures to maintain the company and in terms of submitting annual statements. The tax-exempt legislation of Saint Lucia is not in force not so long ago, starting from 1999. And offshore business in Saint Lucia is carried out only since 2000. Of course, the country has not yet managed to become sufficiently popular among entrepreneurs in comparison to other more famous offshore jurisdictions. But, despite this fact, more and more businessmen in the world tend to register or buy offshore company in St. Lucia.

The corporate legislation of the country is especially favorable to non-resident companies. Registration of offshore companies in Saint Lucia is carried out for the shortest time possible, and necessary level of confidentiality is provided for the owners of companies due to the fact that all information about them is not put on the state register.

The Legislative Framework

Registration and activities of offshore companies in the island jurisdiction of Saint Lucia are governed by the following legislative act:

-  The International Business Company Act (1999).

Forms of doing Business in Saint Lucia

The most advantageous form for cost-efficient international business in Saint Lucia is:
- International Business Company (IBC).

Registration of offshore company in Saint Lucia. Basic features.

There are no requirements for the presence of Saint Lucia’s resident in the company acting as director.

At least one shareholder can establish IBC in Saint Lucia.

The company name should necessarily include the abbreviation that indicates the limited liability of the company (Limited, Ltd., Incorporated, Inc, etc.).

There is mandatory requirement for the presence of legal address and registration agent in the territory of Saint Lucia island.

The required level of information protection for company owners in Saint Lucia is assured by not putting data on the register.

The company appoints the official who will be responsible for corporate relationships.

Starting From 2019, IBCs can operate on the island. However, in this case, IBC must pay corporate income tax at a rate of 30%. An income, which is not from the territory of Saint Lucia, is not subject of taxation.

 

The incomes, which are not from the territory of Saint Lucia, shall be considered the following:

  • An income received from a company, which is registered outside Saint Lucia;
  • An derived income from real estate, which is located outside of Saint Lucia;
  • An received income from investments in securities issued by an issuer not being a resident of Saint Lucia;
  • A Payment of royalties received from a foreign company;
  • Any income that is considered income from sources outside of Saint Lucia in accordance with the points of the agreement on the avoiding of double taxation.

Bookkeeping in Saint Lucia

The company does not submit any accounting or audit reports.

Taxes in Saint Lucia

The law on international companies provides for preferential tax treatment, and the company in Saint Lucia can pay:

A) Corporate income tax with minimum rate of 1%;

B) Annual license fee (its amount depends on the authorized capital of the company). In this case, the company is not obliged to conduct annual audit and submit annual financial statements to the relevant regulatory authorities.

The company in Saint Lucia does not pay capital gains tax.

The amount of fixed state tax is $ 300 per year.

The peculiarity of Saint Lucia is that it is one of the countries where the legislation favors registration of offshore insurance and reinsurance businesses.

We will register company (offshore) in Saint Lucia for you within the shortest time possible. It has never been easier to buy offshore company in St. Lucia at a low price. Registering offshore company in Saint Lucia is one of the simplest and cheapest ways to start a legitimate international business. Offshore registration is one of the main directions of our company's work.

Set of documents
   
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Nominee director and shareholder
   
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General information
Square616.00
Population162 178.00
CapitalCastries
Unemployment40.80
State polityParliamentary democracy
Telephone code758
Place in the world in corruption25
locationCaribbean, island between the Caribbean Sea and North Atlantic Ocean, north of Trinidad and Tobago
ClimateTropical, moderated by northeast trade winds; dry season January to April, rainy season May to August
Literacy rate90.10%
Ethnic groupsblack 82.5%, mixed 11.9%, East Indian 2.4%, other or unspecified 3.1%
National currencyEast Caribbean dollar
USD exchange rate2.70
GDP per capita94
Official languageEnglish
Credit ratingBBB+
The judiciaryEastern Caribbean Supreme Court, consisting of the Supreme Court of Justice and the Court of Appeal.
Executive authorityHead of government: Prime Minister. Government: The Cabinet of Ministers appointed by the Governor General on the recommendation of the Prime Minister
Legislative authoritiesbicameral parliament, the Senate (11 seats), the House of Assembly (17 seats)
Corporate information
Opportunity to purchase ready-made companiesНет
Legal systemBased on English common law.
The use of the Cyrillic alphabet in the nameНет
Local registered officeНет
Organizational and Legal FormsInternational Business Company (IBC), Holding, investments company
Indication of BPA in the nameLimited, Ltd., Incorporated or Inc., or their foreign language equivalents (GmbH, S.A., etc.)
Local registered agentНет
Shares and share capital
Standard currencyEast Caribbean dollar
Information about the beneficiary is disclosedNo restrictions
The minimum amount of the issued capitalNo restrictions
Bearer sharesНет
The usual size of the authorized capital50,000
Usual nominal value of sharesUSD 1
Possibility to issue shares without par valueДа
Taxation
VATНет
Basic corporate tax rate0.0-30.0%
Capital gains taxНет
Currency controlНет
Corporate tax rates details0%. If the origin source of funds is Saint Lucia, the applicable rate will be equal to 30%
Stamp dutyНет
Director and Secretary
Minimum number of directors1
The requirement for residency directorsНет
Director of legal entities are allowedДа
The data reveals to the local agentДа
Data field to the public registryНет
The requirement for the presence of the SecretaryНет
Requirement to the residense of the SecretaryНет
Requirements to qualification of the SecretaryНет
Legal entity as the SecretaryНет
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerНет
Shareholders residency requirementНет
Information about the beneficiary is disclosedНет
Information may be disclosed to the local agentДа
Shareholders-legal entities are acceptableДа
Reporting
The requirement for filing reportsНет
Open access to reportsНет
Statutory auditНет
The requirement for filing Annual ReturnНет
Open access to the Annual ReturnНет
The requirement for reportsНет
Treaty on avoidance of double taxation (States which signed)12
Membership in the OECDНет
Is it offshore according to Russian legislationДа
Trademark Registration
TM Comprehensive Study TM Registration Request TM Registration Certificate Total
First Class Additional Class First Class Additional Class First Class Additional Class First Class Additional Class
225.00 180.00 850.50 810.00 0.00 0.00 1075.50 990.00
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