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Starting your own business in saint vincent and the Grenadines

...mple international business company, you can easily form a LLC, insurance company of trust fund. This is one more difference of SVG from other offshore jurisdictions. Insurance company is basically not the best idea when starting a small business in saint vincent but it is an excellent idea for experienced entrepreneurs. When you are choosing a good bank to open an account for business it is impo...

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saint vincent and the Grenadines Deals with the False Accusations

...ments often cause reputation loss. Even if the country can manage unfair allegations and protect itself, it can still work out as a critical reception for the prospective investors. In this situation, we can give an indicative example: case of **saint vincent and the Grenadines**. This offshore jurisdiction was accused of being one of the most popular one for money laundering. Why? Media was s...

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saint vincent and the Grenadines’ Budget: Tax Relief and Amnesty

...ding to the new budget, **final tax amount is 30%**. Also, personal income tax is not paid before you earn first XCD20,000 and tax rates apply only when residents cross XCD20,000 threshold. There are also VAT changes and the vehicle surcharge for saint vincent residents. For cars, older than 4 years, tax will be increased depending on its engine capacity. Similarly, VAT will also increase for t...

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