Saint Vincent - IBC incorporation Requirements

To Incorporate the following information is required:

  • Name of Company. The name must end with Inc. Incorporated, Ltd,  Limited, Corp, Corporation, SA or any other suffix that denotes limited liability.
  • Names of the Directors of the company.
  • If the company has more than one shareholder, a minimum of two directors is required.
  • Names of the Officers of the company.
  • Currency in which shares will be issued.
  • Authorised capital.
  • Type of shares - Bearer or Registered.
  • Par value of shares usually $1 per share.
  • Number of shares to be issued.
  • Names of shareholder(s) and number of shares to be issued.

Bearer Share Companies

If the company is a Bearer share Company the following additional Information is required:

  • Name of the ultimate beneficial owner of the shares in each share certificate and their residential address, date of birth and copy of passport.
  • If the beneficial owner is a Corporation, then the name(s) of the person(s) who are the ultimate beneficial owner(s) of that Corporation are needed along with their residential addresses, dates of birth and passport copies.

By law, bearer share certificates cannot be delivered to the owners and must be kept in the custody of the Registered Agent.