St Lucia Company
- Register your Company in St Lucia in 2-3 days (upon validation of your identification documents).*
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
Steps to company formation - St Lucia
Complete our application form - 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.
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
By no later than 3 months after the financial year-end of the company, the following are required:
- An IBC is to submit an unaudited financial statement (UFS), to us and the registered agent, failing which the government will apply a penalty and the same will accrue until submission.
- The company’s annual tax return is to be submitted to the St. Lucia Inland Revenue Department (IRD). The UFS is to be attached.
- The Economic Substance Return is to be submitted (currently to us for onward transmission to the IRD, but in time it will be directed to the IRD.)
Taxation
All St Lucia IBCs became tax residents as of 1st July 2021. This means that those IBCs which were tax-exempt before that date are now required to register for a Tax Account Number.
An exemption exists for foreign-sourced income provided the IBC qualifies by meeting the economic substance requirements.
Foreign sourced income is taxed at 30% and domestic sourced income is exempt.
While the company might be subject to local tax regulations in St Lucia, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
An exemption exists for foreign-sourced income provided the IBC qualifies by meeting the economic substance requirements.
Foreign sourced income is taxed at 30% and domestic sourced income is exempt.
While the company might be subject to local tax regulations in St Lucia, 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 (upon validation of your identification documents).*
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
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 (such as birth certificate / driver license / Identity Document), a certified copy of proof of domicile dated less than three months, 2 distinct professional letters*** and a bank reference letter dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
St Lucia Company, ideal for:
* 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.
** 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
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
10-Apr-2014
many time wasted to arrange all the company papers and open bank account. excellent personal care, but slow performace.
many time wasted to arrange all the company papers and open bank account. excellent personal care, but slow performace.
08-Apr-2014
I have established my offshore company International Business Enterprises through SFM in Dubai.
The SFM team in Dubai is very professional and they know the Offshore Business inside out. I was very well briefed on the Offshore Business by the SFM team.
The communication is very good; they always keep you up to date with regards to the registration process.
It is nice to have such a competent team on your side.
I have established my offshore company International Business Enterprises through SFM in Dubai.
The SFM team in Dubai is very professional and they know the Offshore Business inside out. I was very well briefed on the Offshore Business by the SFM team.
The communication is very good; they always keep you up to date with regards to the registration process.
It is nice to have such a competent team on your side.
08-Apr-2014
J’ai commandé une société aux Seychelles et un compte bancaire en Suisse, a travers les services de SFM. Tout s’est bien déroulé et mon interlocuteur m’a relativement bien suivi tout au long du processus.
J’ai commandé une société aux Seychelles et un compte bancaire en Suisse, a travers les services de SFM. Tout s’est bien déroulé et mon interlocuteur m’a relativement bien suivi tout au long du processus.
07-Apr-2014
fast, easy and cheaper than my lawyer...
fast, easy and cheaper than my lawyer...
28-Mar-2014
I'm very pleased with SFM's work and their customer aproach , bravo and thanks SFM team .
I'm very pleased with SFM's work and their customer aproach , bravo and thanks SFM team .
18-Mar-2014
We are pleased with the effective treatment of our request. SFM interlocutors are the listening to clients and available.
We remake the SFM services.
We are pleased with the effective treatment of our request. SFM interlocutors are the listening to clients and available.
We remake the SFM services.
