Company registration is the process of formalizing the status of a legal entity in accordance with the laws of a certain country. During this process, the company is officially recognized as a legal entity with its own legal capacity.

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1. Promising location and developed Infrastructure
Located in the Caribbean region, Grenada boasts a prime geographic position for international trade. The country has modern infrastructure, including ports, airports, and telecommunications networks, facilitating efficient logistics and communication. This makes Grenada an attractive hub for business in the region.
2. Favorable tax regime
Grenada offers advantageous tax conditions for companies, including the absence of capital gains, inheritance, and wealth taxes. Additionally, its territorial tax system ensures that income earned outside the country is not subject to taxation. This allows entrepreneurs to optimize their tax liabilities and retain more profits.
3. Political and economic stability
Grenada is known for its political stability and predictable economic environment. These factors provide entrepreneurs with confidence in long-term prospects and minimize the risks associated with running a business. The country’s stability also attracts foreign investors and fosters the development of international partnerships.
4. Special economic zones
Grenada has designated special economic zones that offer additional incentives for businesses. Companies registered in these zones can benefit from tax advantages, simplified customs procedures, and access to well-developed infrastructure. This creates favorable conditions for business growth and expansion.
5. Confidentiality and data protection
Grenada ensures a high level of confidentiality for company owners. Information about beneficial owners is not publicly disclosed, safeguarding personal data and commercial secrecy. This is particularly important for entrepreneurs who prioritize privacy in their business operations.
Step 1. Initial setup
Step 2. Company registration
Requirements for registering a company in Grenada on the example of an International Business Company (IBC):
Corporate income tax (CIT):
Personal income tax (PIT):
Value-added tax (VAT):
VAT is charged at the rate of 15% on most goods and services.
Reduced VAT rates:
Manimama provides assistance in choosing the right jurisdiction for company incorporation and in registering a business specifically in Grenada. We have a good understanding of the tax and legal peculiarities of specific jurisdictions, which helps our clients make an informed choice based on their unique needs and development strategies. In our work, we take into account factors affecting the business environment, such as the level of competition, access to financial and human resources, as well as opportunities for further growth and development in different jurisdictions.
By choosing our company formation service in Grenada, you are working with a law firm that values integrity, competence, and client satisfaction. Let us help you set up a company in Grenada and pave the way for your business success!
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The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.