St Lucia Offshore Company Formation Service

St.Lucia enjoys 0% Taxation, no auditing and no paid up capital requirement.

St. Lucia has become a competitive, attractive jurisdiction to consider for incorporation due to high degree of privacy, provision of foreign controlling interest, excellent tax regime, no requirement for audits, English as the official language and a business-friendly, flexible legislative environment.

Key Features

Governing corporate legislation	St Lucia International Business Companies Act of 1999 and International Business Companies Regulations, 2000.
Information published relating to company officers	There is a public registry. However, no names of shareholders, directors and officers are visible. Only the memorandum and articles of association are publicly accessible.
Confidentiality	St Lucia offers a high level of anonymity and privacy. The International Business Companies Act provides for confidentiality of shareholders, directors and officers.
Accounting requirement	No accounting/reporting requirements. However, The IBC is required to keep financial documents (receipts, invoices etc.) to reflect the financial position of the company. These documents must be kept at the company's registered office in St Lucia.
Taxation	No taxes of any sort for all transactions made outside of the jurisdiction, and a 1% tax on local transactions.
Legislation	Modern offshore legislation.
Standard currency	US$
Time to form	St Lucia has a fast and efficient registry: it takes about 48-72 hours to register a company.*
Stability	Stable jurisdiction with a very good reputation.
Communication	Efficient communication means.
Time zone	Convenient world time zone: UTC/GMT-4
Secretary required	No
Paid up capital requirement	No paid up capital requirement.
Renewal Date	Anniversary date of the company / Each Year
Basis of legal System	Under Civil Law and Common Law.
Minimum directors/shareholders	Minimum of 1 director/shareholder
Bearer shares	Bearer shares not permitted