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🇻🇨 Saint Vincent — Light-touch

Saint Vincent — SVG FSA licence.

Saint Vincent and the Grenadines offers a light-touch IBC structure with minimal capital and fast turnaround — suited to early-stage operators.

Setup time
1—3 wk
BC incorporation
Min. Capital
USD 1
No paid-up
Annual maintenance
USD 1.5—4K
Per year
Regulator
FSA
Financial Services Authority
01 — Is this right for you?

A considered route,
not a shortcut.

This jurisdiction rewards operators who treat the application as the start of a supervisory relationship.

A strong fit

When this is the right choice

B2B liquidity & technology vendors
A clean SVG BC is still a credible wrapper for B2B FX technology vendors, white-label platforms, and group-treasury entities — provided they do not solicit retail clients.
Holding companies and IP entities
SVG remains attractive for top-of-group holdcos and IP-licensing entities for operators with operations in Vanuatu, Mauritius, or Labuan.
Migration & restructuring projects
For operators historically using SVG as a Forex base, we run a structured migration to Vanuatu, Mauritius, or Labuan — including client communications and continuity of LP arrangements.
A poor fit

When to consider an alternative

New Forex brokers launching to retail
SVG FSA has explicitly stopped issuing new Forex permissions and is actively writing to legacy operators to confirm they have migrated. SVG is no longer a viable Forex licensing jurisdiction.
Operators expecting tier-1 banking
SVG bank-account openings are now limited to a small set of EMIs and tier-3 banks. Mauritius, Labuan, or even Vanuatu offer materially better banking outcomes.
Anyone wanting an actual licence
SVG BCs are corporate vehicles, not licensed entities. If you need a regulator's badge to satisfy counterparties or processors, the BC alone will not deliver it.
02 — Licence categories

Permissions under
one Act.

Choosing the right tier and scope is the most consequential decision in the application.

Business Company (BC)

The post-2018 successor to the IBC. Standard offshore corporate vehicle with full beneficial-ownership disclosure to the FSA and economic-substance compliance where activities trigger the test.

Limited Liability Company (LLC)

Pass-through alternative used for joint ventures, fund-management entities, and US-taxpayer planning. Same disclosure and substance framework as the BC.

Restructuring & Migration

Where SVG was historically the Forex licence base, we re-domicile the operation to a properly licensed jurisdiction (Vanuatu, Mauritius, Labuan) with managed continuity of contracts, banking, and LP relationships.

03 — Path to grant

Phases to licence grant.

Structure decision

Week 1

Structure decision confirmed — offshore holding company or operating entity. SVG FSA registration pathway selected based on service scope and target markets.

Incorporation

Weeks 1—2

SVG entity incorporated with appropriate share capital and director appointments. Registration filed with the FSA.

Banking & operational setup

Weeks 2—8

Corporate bank account opened in appropriate jurisdiction. Payment processing and technical infrastructure configured for operational launch.

Substance & ongoing compliance

Ongoing

Entity is registered and operational. Ongoing compliance obligations — annual returns, substance maintenance, and banking relationship management — commence.

04 — Year-one economics

Cost and regulatory
burden.

Year-one spend is dominated by substance — resident director, office, compliance officer, external audit — not the licence fee itself.

Cost itemAmount
BC incorporation USD 1,400
Annual government fee USD 600
Registered agent USD 1,200 / yr
Beneficial-ownership filing USD 350 / yr
Economic-substance attestation (if triggered) USD 1,500—4,000 / yr
Year-1 total ~USD 1.5K — 4K

SVG BCs are zero-tax on non-SVG-sourced income. The FSA enforces beneficial-ownership disclosure and economic substance for relevant activities (financing, IP, holding) — non-compliance leads to strike-off.

Ready when you are

Tell us where
you want to
operate.

Forty-five minutes with a partner. Jurisdiction memo within seven days. No retainer required to start.

GSS Legal consultation
45 min
First call with a partner.
No retainer required.