Advanced solution for your business
Saint Lucia is a sovereign island country in the eastern Caribbean Sea on the boundary with the Atlantic Ocean.
St. Lucia has always been a jurisdiction ripe for expansion and in keeping with this obvious trend, the country, in 1999 enacted a modern piece of offshore financial legislation, the International Business Companies Act. This Act is fashioned in such a way that it provides utmost flexibility and advantages for the client, while at the same time preserving the integrity of the Island's industry. It is popular because it offers client confidentiality and anonymity, no audit or reporting requirements, with low annual government fees and flexible corporate arrangement possibilities.
The official language is English and the currency is East Caribbean dollar (XCD).
Company Incorporation and local Requirements
Minimum Share Capital | One share |
Bearer Shares | No |
Name Endings | Limited, Corporation, Incorporated, Société Anonyme, Sociedad Anonima, or their abbreviation Corp., Inc.or S.A. |
Minimum Number of Shareholders | One |
Government Register of Shareholders | Yes |
Non-resident Directors | Allowed |
Local Directors | No |
Corporate Directors Permitted | Yes |
Minimum Number of Directors | One |
Government Register of Directors | Yes |
Company Secretary | Optional but recommended to facilitate document signing |
Local Secretary | No |
Local Meetings | No |
Registered Office/Agent | Yes |
Necessary Documents for the Incorporation | A certified true copy of passport and utility bill and an original bank reference in the name of each beneficial owner, director and shareholder |
COMPANIES FEE SCHEDULE
Basic package
COMPANY REGISTRATION COSTS - 1.500 USD
Annual fees
Registered office and registered agent – 700 USD
Secretary (optional) – 500 USD
Confidential package
Corporate director (each) – 600 USD
Physical director (each) – 2.000 USD
Corporate trustee shareholder (each) – 400 USD
Physical trustee shareholder (each) – 1.400 USD
COMPANY RELATED COSTS
Issue of a power of attorney – 350 USD
Notarisation of documents (per document) – 100 USD