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St vincent and the grenadines forex license

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st vincent and the grenadines forex license

Neither illegal nor immoral! TrustLogo Html Builder Code: Shows the logo at URL http: PRIVACY in Saint Vincent And The Grenadines. Offshore Company IBC formation We are pleased to provide you with low cost effective St. Bank Accounts in ST. Vincent We can assist you to open a bank account for your new St. Vincent IBC, with this St. For your convenience, we have included a Cost Calculator in the order form: General Details about ST. Part of the Windward Islands located in Eastern Caribbean, about 1, miles south-east of Miami, St. Vincent is the largest of the more than 30 islands that comprise the nation state of Saint Vincent and the Grenadines. The Grenadines consist of a group of islands extending approximately 45 miles to the south-east of St. The major islands are Bequia, Mustique, Canouan and Union Island. The legal system is based on British legal system including appeals to grenadines Privy Council based in the United Kingdom. The population is approximatelyAs with everywhere in the Caribbean, US dollars are widely accepted on the island. Many of the International Banks have branches in St. Vincent including Barclays Bank, Canadian Imperial Bank of Commerce and the Vincent of Nova Scotia. There are no direct flights to or from St. Vincent to the US mainland or Europe but the island is easily accessible by utilising connecting flights via Antigua. Also, there are direct air links to St. Lucia, Barbados, Grenada, Martinique and Trinidad. Saint Vincent and the Grenadines became an independent nation in and should be a natural choice for persons wishing to protect personal wealth and assets by going offshore. Some of the benefits of choosing this independent nation as your offshore jurisdiction of choice are: The Saint Vincent and the Grenadines International Business Company has become the vehicle of choice for persons wishing to take advantage of the rapidly expanding offshore market. The International Business Companies Act is considered by legal experts to be a unique and innovative piece of legislation which contains provisions not found in similar legislation in other jurisdictions. An IBC incorporated in Saint Vincent and the Grenadines enjoys the following advantages: Power to perform all legal acts and engage in all legal activities without fetter. Power to maintain offices or branches or a presence in any form whatsoever in any country vincent the world. Company documents may be filed in any language. IBC's may issue bearer shares and shares may be issued with qualifications rights, privileges, limitations and restrictions and may be issued in one or more currencies. IBC's may and any word or abbreviation that signifies limited liability. There is no requirement for the filing of by-laws or for disclosure of directors, shareholders, and attorneys of fact with the Offshore Finance Authority or any other entity. Exemption from the provisions of the Exchange Control Act or from any other currency or exchange control legislation for 25 years. Exemption from any corporate tax, income taxes, withholding tax, capital gains tax, or other like taxes on the income or assets of the IBC for 25 years. Exemption from Stamp Duty in respect of all transactions involving transfers of property to or by an IBC and also in respect of shares, debt obligations, and vincent securities and transactions for 25 years from registration. Exemption from inheritance and succession duties or any other form of gift tax on the estate of a shareholder for 25 years. Exemption from tax on any dividend or distribution to any other company, individual, trust or any other entity for a period of 25 years. The ability to change domicile to grenadines jurisdiction by continuing in that jurisdiction. An existing company registered in another jurisdiction can be continued in Saint Vincent and the Grenadines. Quick incorporation within 24 hours. All information filed with the Offshore Finance Authority is protected by the most restrictive of all the Confidentiality Acts presently license force in offshore jurisdictions. Provision for meetings of Directors and shareholders to be held by telephone, or by any electronic means whatsoever within or without Saint Vincent and the Grenadines. Limited Duration Companies and Companies limited by Guarantee are permitted. VINCENT IBC Disclosure of Beneficial Owner No Migration of Domicile Permitted Yes Tax on Offshore Profits Exempt Non-English Names Allowed Yes Minimum No. Register of Directors No. No Annual Returns None Audit Requirements None Annual Gov. Saint Vincent and the Grenadines has taken the bold step in providing the offshore market with the Preservation of Confidential Relationships International And Act This Act is by far the most restrictive confidentiality law in existence in the world today and is designed to ensure that the privacy concerns of persons wishing to the business in Saint Vincent and the Grenadines are fully addressed. It is the only one of three general financial privacy laws in the world and the only one found in an independent sovereign nation. General financial privacy laws protect against disclose of confidential information forex. At present the license finance industry is under attack from tax authorities in Europe and North America through the enactment of reporting requirements in the United States and Canada and the UK Home Office and Foreign Office initiatives and the E. U initiative against unfair corporate tax regimes. These recent developments have underlined the need for forex wishing to go offshore to do business with independent sovereign states like Saint Vincent and the Grenadines, rather than with British Dependent Territories. The Government of Saint Vincent and the Grenadines is zealous in its protection of financial privacy and the preamble to the The Act specifically states that the public policy the the State is "to protect and preserve the confidentiality and to prevent the unauthorized disclosure of all confidential information with respect to business of a professional nature which arises in or is created or disseminated forex or is transported into the jurisdiction of the State". The definition of "confidential information" in the Act contemplates the disclosure of confidential information via electronic media in other countries and the Act has extraterritorial application since it states that unauthorized disclosures may not be made in any place under any circumstances grenadines expressly permitted under the Act. Before a person can disclose confidential information, that the is by law obliged to apply to the High Court for directions, and the Court shall direct the manner of the disclosure and the form of the permissible license and the Act provides guidance to the Court in determining how to make the appropriate Order. The confidentiality Act makes it clear that any consent of the principal given under the compulsion or direction of a foreign court or other agency or authority shall not constitute 'consent" for purposes of compliance with the Act therefore preventing professionals from disclosing the relevant information for fear of vincent imprisoned for a period of three years. Disclosures of confidential information are permissible only where foreign criminal proceedings have been commenced against a named defendant in another state, the proceedings must be criminal in nature under the laws of that other state and of St. Vincent and the Grenadines. Disclosure is not permitted where the proceedings are for breaches of a country's tax or revenue laws. We believe that Saint Vincent and the Grenadines offers clients' fundamental confidentiality and secrecy advantages over other jurisdictions. Thus forced heirship law and community property regimes can be avoided. The traditional rule against perpetuities and the rule against accumulations are not applicable to international trusts formed in this jurisdiction Purpose trusts, which are trust for a specific purpose but without named beneficiaries, are allowed and statutorily prescribed The role and duties of protectors are specifically set out and clarified to account for recent case law Choice of law and conflicts of laws license are anticipated and resolved in favour of the provisions of the International Trust Act. A foreign non-vincentian judgment against a registered International Trust or its settlor or beneficiaries is not enforceable in Saint Vincent if the judgment was based on law and with the International Trusts Act, Unauthorized disclosures of trust information are punishable under strong criminal laws. Vincent International Trust may own one or more Saint Vincent International Business Companies. Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions. Please go to our Uses of offshore Companies Page where you will find interesting information on the benefits of using offshore companies and trusts for business and personal use, links to information on other locations and details of our products forex services. Grenadines available from ST. BENEFITS Of Incorporating In Saint Vincent And The Grenadines PRIVACY in Saint Vincent And The Grenadines Offshore Company IBC formation We are pleased to provide you with low cost effective St. A Saint Vincent and the Grenadines IBC is not liable to any taxation. This is and case even when the company is controlled and managed with physical presence within Saint Vincent and the Grenadines. There is also no audit or accounting requirements. Saint Vincent and the Grenadines is the only independent jurisdiction that has a general confidentiality law that protects against disclosure of confidential information worldwide. Saint Vincent and the Grenadines has no double taxation treaty with any other country. This grenadines that information on trading activities will not be passed to a Revenue Authority anywhere. Saint Vincent and the Grenadines is an independent stable democratic country with no history of civil unrest. Its political system is based on the English Parliamentary System. The legal system is the on the English Common Law supplemented by Local Legislation. The Court system is similar to that of the United Kingdom with the Privy Council based in England being the final Court and Appeal. Telephone, Telefax and Telex, Internet and cellular communications are supplied through British forex giant, Cable and Wireless. International Courier Service providers have branch offices within the state. A number of internationally recognised banks have branch offices within the state including Barclays Bank PLC, Bank of Nova Scotia and The Canadian Imperial Bank of Commerce. Bearer shares are permissible. Saint Vincent and the Grenadines has some of the lowest incorporation and annual fees in the world. Register license Directors No Gov. Register Shareholders No Annual Returns None Audit Requirements None Annual Gov. Offshore Packages Complete Offshore Packages Asset Protection Package for EU citizens Package for US citizens Offshore Companies How To Use? Bookstore FX and Useful Links Resellers Become our Reseller. Leave us a message. All Major Cards Accepted. Professional offshore incorporations and offshore banking services since Disclosure of Beneficial Owner. Migration of Domicile Permitted. Time required to incorporate. st vincent and the grenadines forex license

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