St. Lucia

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