Saint Lucia a Haven from Home
Advantages
- Minimization and exposure to capital gains taxes
- Elimination of stamp duties
- Financial security through international diversification
- No- or low-tax (IBCs may elect to be exempt from income tax or pay an income tax of 1%)
- Absence of exchange controls, currency controls or capital controls
- Strict policy of confidentiality regarding names of the directors and shareholders
- Tight procedures to deter money laundering and other illicit activities
- No audit or annual filing required unless IBC elects to pay 1% tax
- Modern incorporation laws
- Maximum flexibility and control
- Simple incorporation procedures
- English Common Law system
- Minimum corporate disclosure requirements
- Minimal governmental annual fee
- Can hold meetings anywhere in the world
- Financial records are not mandatory and are not open to the public
- No reporting requirements
- Nominees directors and shareholders available
Top Uses
- Privacy and asset protection
- Offshore savings and investments
- Professional service company
- International trading
- Tax planning
- Captive insurance, reinsurance, life and general insurance
- Holding services
- Offshore savings and investments
- International trading
- Financial management