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St Lucia Offshore Company

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Steps to company formation - St Lucia
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Banking Options

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St Lucia Company
Good to Know
St. Lucia's international financial services industry has sprung up as a result of the country’s need to diversify its economic base, which — as a beneficiary of the U.S. Caribbean Basin Initiative, a member of the Caribbean Community and Common Market (CARICOM), and the Organization of Eastern Caribbean States (OECS) — is ripe for substantial expansion and growth.
Main Characteristics
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.
Accounting requirement
Yes, to be prepared in accordance with IFRS rules and within 3 months of a company’s financial year end.
Taxation
No taxes of any sort for all transactions made outside of the jurisdiction, and a 1% tax on local transactions.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
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. The standard share capital is USD 50,000 but can be amended to fit your requirements.
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
Documents Required
for the Creation of the Company
A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, A certified copy of a second ID document **, Notarized/certified copy of a proof of domicile dated less than three months, A bank reference letter from your bank, 2 distinct professional letters***






St. Lucia Offshore Company Formation


St Lucia Jurisdiction News


* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
*** E.g. A lawyer/law firm + practicing accountant/accounting firm may issue 2 separate letterset
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
05-Sep-2014
SFM provided an excellent, efficient service that made setting up my company very easy and fast.
04-Sep-2014
Great service, fast and hassle free. You can ask your personal assistant who will advise you the best for you. Staff very competent and able to speak multi-languages. I am completely satisfied !!!
26-Aug-2014
My representative was very helpful and responded promptly regarding all my questions. I would definitely use them again for future company formations.
25-Aug-2014
The SFM has an excellent service and fast response.
The most surprising was a manager in my local language, portuguese.

Everyone should work with SFM!

Very Gooood!
24-Aug-2014
Rita Coelho has been wonderful. All staff that I dealt with have been very kind. It is not an easy thing to open a corporation anymore. If you are going to do so, use sfm. I tried others. And getting bank accounts open is worse than getting a root canal. Let your sfm agent help you. Thanks for making my experience successful. Theodore Baroody
20-Aug-2014
The service was professional, however it took a bit too long to get quick answers to important questions. A push from my side was always necessary in order to get feedback. But all in all I was satisfied and I will recommend SFM. Michael Rennschmied
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