Saint Lucia, nestled in the Eastern Caribbean Sea, offers a favorable environment for company registration with its stable political climate and strong legal framework. As a member of the Commonwealth of Nations, Saint Lucia benefits from a British-based legal system that ensures clarity and reliability in business operations. The country’s government actively promotes foreign investment, making it an attractive destination for entrepreneurs seeking to establish offshore companies.

Company registration in Saint Lucia is straightforward and efficient, typically requiring minimal bureaucracy and offering competitive registration fees. The island nation allows for various types of business entities, including International Business Companies (IBCs), Limited Liability Companies (LLCs), and partnerships. These entities benefit from favorable tax policies, including tax exemptions on income generated outside of Saint Lucia and no capital gains tax.

Saint Lucia's strategic location in the Caribbean enhances its appeal as a hub for international trade and investment. The island's modern infrastructure, reliable telecommunications, and skilled workforce further support business operations. Additionally, Saint Lucia’s adherence to international standards on financial transparency and anti-money laundering measures ensures credibility and security for investors.

Manimama ensures a seamless company registration process in Saint Lucia. Trust us to provide expert guidance and support, so your business can thrive from day one in Saint Lucia. Start your journey with confidence, knowing you have the best team by your side.

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Legal Opinion about Saint Lucia as a Jurisdiction for Company Formation

Ganna Voievodina

Manimama

CEO

“Saint Lucia presents a conducive environment for company registration with its robust legal framework, favorable tax policies, strategic location, and supportive business climate. Whether for international trade or offshore operations, Saint Lucia offers a compelling option for those looking to establish and grow their businesses in the Caribbean region. Manimama is ready to help you with business registration in Saint Lucia”.

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Our Packages

Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.

Company Formation

Company formation
Registered address for the 1st year
Annual accounting requirement bookkeeping

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Annual Services

Company renewal and registered address
Annual Government Tax
Mandatory Financial Beneficiary Report

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Other Services

Set of corporate documents (certified/apostille)
Nominal service for 1 year
Offshore banking

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Key Numbers about Incorporations

minimum 1

director for a company

up to 2 weeks

timeline for a company registration

$1

minimum share capital

0%

corporate income tax (CIT) rate for IBCs

up to 30%

personal income tax (PIT) rate

15%

value added tax (VAT) rate

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Set up Your Company in Saint Lucia in Several Steps

Step 1. Initial setup

Initiating a preliminary project assessment
Preparation and filing of the package of documents

Step 2. Company registration

Verification and reservation of the company name at the Registry of Companies and Intellectual Property (ROCIP)
Facilitating the notarial process for the company's official registration
Incorporating the company's data into the ROCIP
Obtaining the Certificate of incorporation from the ROCIP, Memorandum and Articles of Association
Registering with the Inland Revenue Department and obtaining a Tax Account Number

Requirements for Company Formation in Saint Lucia

Before deciding to set up a new company in Saint Lucia, read the information below to understand the characteristics of an International Business Company (IBC):

Shareholders: the company is required to have at least 1 shareholder.

Director: the company must have a minimum 1 director.

Company Secretary: no requirement.

Minimum share capital: there is no minimum capital requirement.

Registered agent: the company must have a registered agent in Panama.

Liability: the liability of its shareholders is limited to the amount of capital they have invested in the company through their shares.

Accounting: 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
the company’s Annual Tax Return is to be submitted to the St. Lucia Inland Revenue Department
the Economic Substance Return is to be submitted

Taxes in Saint Lucia

Corporate income tax (CIT)

IBCs are subject to a 30% tax rate on income earned within Saint Lucia.
If a Saint Lucian IBC receives foreign source income, dividends or capital gains, such income is not taxable in Saint Lucia.
IBCs are required to register with the Saint Lucia Department of Internal Revenue and obtain a Tax Account Number.

Personal income tax (PIT)

The PIT rates are as follows:

$0 to $15,000 - 15%
from $15,001 to $30,000 - 20%
above $30,000 - 30%

Value-added tax (VAT)

IBCs don’t have to pay VAT.

Double taxation avoidance agreements in Saint Lucia: United Kingdom and CARICOM Member States (Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Montserrat, St. Kitts and Nevis, St. Vincent and the Grenadines, Trinidad and Tobago).

Start Your Company Formation Process with Manimama

There are numerous reasons why Manimama is the leading company formation agent in Saint Lucia:

Expertise in Regulations of Saint Lucia

1. Manimama has an in-depth understanding of Saint Lucia's legal and regulatory framework.
2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.

Local and International Experience

1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
2. Our expertise spans various industries, providing customized solutions for each client.

Efficient and Timely Service

1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
2. Our efficient processes minimize delays and get your business up and running quickly.

Client-Centric Approach

1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
2. Our dedicated team is always available to address any concerns and provide expert advice.

Robust Network of Local Partners

1. We have established strong relationships with local authorities, banks, and service providers.
2. This network ensures that your business receives the best possible support and resources.

Ongoing Compliance Support

1. We provide continuous support to ensure your business remains compliant with laws of Saint Lucia.
2. Our team keeps you updated on any regulatory changes that may impact your company.

Frequently asked questions

What is the first step in registering a company in Saint Lucia?

The first step is to check the availability of your proposed company name and reserve it with the Registry of Companies and Intellectual Property (ROCIP).
How long does the registration process take?

The company registration process in Saint Lucia usually takes about 14 working days, provided all documents are in order.
Are there any fees associated with company registration?

Yes, there are various fees including name reservation, incorporation, and annual registration fees. The specific amounts can be confirmed with the ROCIP.
Do I need a local registered agent?

Yes, every company registered in Saint Lucia must have a local registered agent.
What is the minimum share capital required to register a company?

There is no minimum share capital requirement for incorporating a company in Saint Lucia.
Can a foreigner register a company in Saint Lucia?

Yes, foreigners can register and own a company in Saint Lucia. They must comply with local regulations and may need to provide additional documentation.
Can I register a company online?

Currently, company registration in Saint Lucia requires submitting documents in person or via mail to the ROCIP. Online registration is not available.
Are there any business licenses required after registration?

Yes, depending on the type of business, you may need to obtain additional licenses or permits from relevant authorities.
Where can I find more information or assistance?

More information can be obtained from the Registry of Companies and Intellectual Property (ROCIP) website or by contacting a local legal or business advisor.

Semen Kaploushenko

Deffio | CEO

“I received detailed explanations of each step and felt that my interests were in good hands”.

Vadym Grusha

Trustee Plus | Founder & CEO

“When you become a client of Manimamа, you can count on not only that they will provide you with legal services, you can find a partner who will never abandon you if you have problems with a regulator or counterparty”.

Yuriy Soshenko

WhiteBit | CLO

"Their professionalism and responsibility stand out among others”.

Manimama as the Best Solution for Your Company Formation in Saint Lucia

Choosing the right partner for company registration is crucial for a smooth and successful business launch. At Manimama, our legal experts specialize in navigating complex legal landscapes, providing holistic solutions tailored to your needs.

Comprehensive Legal Expertise
Since our inception, Manimama has been at the forefront of tackling intricate legal challenges with innovative and thorough solutions. Our team of dedicated lawyers evolves alongside our firm, reflecting our people-centric philosophy and commitment to excellence.
Results-Driven Approach
Manimama is a results-oriented law firm that offers an extensive array of legal services to both individuals and corporate entities. We pride ourselves on maintaining the highest standards of integrity and a "client-first" approach, leveraging our extensive skills and knowledge to achieve the best outcomes for our clients.
Global Presence and Local Expertise
Our journey began with the establishment of Manimama OU's first European office in Estonia, a country renowned for its progressive regulation of virtual currencies, international investments, fintech, and gambling sectors. Estonia’s favorable tax system and digital-friendly investment climate provided a robust foundation for our expansion.
Community Commitment
At Manimama, we believe in giving back to society and making a positive impact. Our commitment to social responsibility is integral to our operations, ensuring that we contribute to making the world a better place while helping our clients achieve their business goals.

By choosing our company formation service in Saint Lucia, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Saint Lucia and pave the way for your business success.