What are the advantages of forming an IBC in St. Vincent & the Grenadines?
• The following advantages have been given by the current Director of the International Financial Services Authority in St. Vincent and the Grenadines: • • The lowest government fees of any offshore jurisdiction • • Zero taxation of international entities • • Old established banking history and culture • • Joint supervision/regulation of international banks by the International Financial Services Authority (IFSA) and the Eastern Caribbean Central Bank (ECCB) • • Home of the Mustique Company – oldest, most successful private investment project in the Caribbean • • An independent supervisory Authority • • Excellent professional services • • A stable, secure and well regulated operational environment • • Culture of Anti Money Laundering (AML) Compliance • • Absence of major financial scandals in the sector • • Absence of a reputation for having “capitulated” to the Financial Action Task Force (FATF)/international organizations • • Bearer Shares are provided by this jurisdiction. Some juri
• The following advantages of using St. Vincent and the Grenadines as an international financial services jurisdiction are: • • The lowest government fees of any offshore jurisdiction • • Zero taxation of international entities • • Old established banking history and culture • • Home of the Mustique Company – oldest, most successful private investment project in the Caribbean • • An independent supervisory Authority • • Excellent professional services • • A stable, secure and well regulated operational environment • • Culture of Anti Money Laundering (AML) Compliance • • Absence of major financial scandals in the sector • • Absence of a reputation for having “capitulated” to the Financial Action Task Force (FATF)/international organizations • • Bearer Shares are provided by this jurisdiction. Some jurisdictions eliminated bearer shares, oblivious to the fact that many European countries still offer them • • Strong position on the OECD harmful tax initiative • • Unlike some Eastern Cari
