Limited Liability Companies

A Limited Liability Company or LLC is a simple corporate structure. It shields its owners’ assets in the event of corporate losses. LLCs provide a simple, flexible structure for asset protection, fund management and global trading.

LLCs are registered in St. Vincent and the Grenadines (SVG) within 24 hours.

Owners of an LLC are called members. They are governed by an operating agreement. There are no directors or shareholders in an LLC.

In SVG both single LLCs and series LLCs are permitted. Incorporating a single LLC or series LLC in SVG is straightforward.  Only the articles of formation, registration, and annual fee are required.

Tax exemptions for LLCs in SVG

LLCs incorporated in SVG and generating income outside of SVG and are exempt from:

  • Corporate tax
  • Income tax
  • Withholding tax and
  • Capital gains tax

 

Non-resident members of an LLC are exempt from estate tax, inheritance tax, succession tax, or gift tax for any economic interest related to the LLC.

Non-resident members of an LLC are exempt from estate tax, inheritance tax, succession tax, or gift tax for any economic interest related to the LLC.

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