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St. Lucia
Jurisdictions

Location
in the Caribbean Sea
Area
616 sq. km.
Population
164,213
Capital
Castries
Language
English
Currency
East Caribbean Dollar; 1 USD = 2,7 XCD
Legal system
based on English common law
Type of companies

International Business Companies (IBC), Holding, investments companies, etc.

Minimum authorised share capital

not fixed, standard USD 1,000

Paid capital
not fixed
Minimum number of shareholders
one, individual or corporate, resident or not
Minimum number of directors
one, individual or corporate, resident or not
Nominee services
available
Bearer shares

not available

Public disclosure of beneficial owners
no (information kept with the registered agent)
Taxation

no, but a company may choose to pay tax at 1%; IBC annual license fee is 300$

Submit annual return and accounts
no
Annual audit

not required (unless the company chooses to pay tax)

Shelf companies
available
Time to supply documents
shelf companies – 1 hour, tailor made - 3-4 weeks
Need to travel
no
Additional information

Haague Convention of 1961 applies

 

Jurisdictions

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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
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tel.+44 207-002 1304, +44 207-002 1305, E-mail: gsl@gsl.co.uk
G.S.L. Law & Consulting