Company registration in St. Vincent and the Grenadines

St. Vincent and the Grenadines is a state in the Caribbean region, consisting of 32 islands, one of the world's recognized offshore centers. Companies registered in St. Vincent are very widely used in international business. This is due to the complete absence of taxation, lack of annual reporting requirements, simplicity and flexibility in administration. Even after recent changes in legislation, the country continues to be a place with favorable conditions for the incorporation of foreign businesses, inclusive of High-Risk (High-Risk) activities. As of 2018, the state government of St. Vincent and the Grenadines does not license forex brokers. The Financial Services Authority St. Vincent and the Grenadines (SVGFSA), the regulator of the financial services market, deals only with the registration of financial investment companies with the issuance of relevant certificates.