Limited Liability Companies (LLCs) can be formed in St. Vincent and the Grenadines for the conduct of legitimate or legal business activities. The application for the formation of an LLC must be made through a St. Vincent and the Grenadines licensed Registered Agent.
A Limited Liability Company is governed by an Operating Agreement where manager and members are assigned interest in the company. The LLC Act provides for the formation of Single LLCs or Series LLCs.
LLCs are registered in SVG within 24 hrs.
Articles of Formation and the requisite fees must be provided to the Registrar of Limited Liability Companies to facilitate the incorporation process. Limited Liability Companies can be formed within 24
hrs of the receipt of the application.
Limited Liability Companies: #
> must have a Registered Agent in SVG, through which all applications to the Registrar of Limited Liability Companies are to be made.
> must provide all customer due diligence information on the Ultimate Beneficial Owner, Manager and Members to the Registered Agent prior to the application for Formation.
> must state the nature of business activity it intends to engage in on formation.
Managers, members and officers may reside anywhere in the world and their meetings may be held wherever they decide. There is no residency or nationality requirement for managers, members and/or officers of a St. Vincent and the Grenadines formed LLC. #
Related Forms #
LLC FORM 3 – Notice of Change of RO or RA LLC FORM 4-Articles of Formation LLC FORM 5-Articles of Amendment LLC FORM 6 – Restated Articles of Formation
LLC FORM 10 – Articles of Dissolution LLC FORM 12 – Articles of Revival LLC FORM 14 – Application to Continue LLC FORM 16 – Certificate of Departure
