Incorporate in Saint Lucia

$2,950.00

Establishing an international business company in St Lucia

Saint Lucia has established itself as a favorable jurisdiction for incorporating International Business Companies (IBCs), thanks to its modern legal framework, adaptability, and commitment to global tax and transparency standards. Governed by the International Business Companies Act, Saint Lucia IBCs are companies limited by shares and can be formed by a single shareholder, who may be an individual or a corporate body, regardless of residency or nationality. Similarly, only one director is required, with no restrictions on residency or citizenship, and the same person can serve as both shareholder and director.

There is no mandated minimum capital requirement, apart from issuing at least one share, which can be of any currency and may or may not have par value. IBCs may issue various share classes, each with specific rights concerning voting, dividends, liquidation proceeds, or other entitlements. This flexibility makes Saint Lucia IBCs suitable for a wide range of investment and operational structures. Governance is defined through the memorandum and articles of association, with the board of directors responsible for corporate strategy and oversight.

Saint Lucia has adopted a territorial tax system. Under this model, only income generated from within Saint Lucia is taxed at the standard rate of 30%, while foreign-sourced income—such as overseas profits, dividends, capital gains, interest, royalties, and investment income—is generally tax-exempt. Additionally, Saint Lucia’s double taxation treaties (DTAs) may offer further tax benefits, depending on residency and substance.

The foundational document package confirming the entity’s establishment and outlining its operational structure, includes:

  • Certificate of Incorporation
  • Memorandum of Association
  • Articles of Association
  • Statutory Declarations
  • Incorporation Application
  • Consent Letters to Act as Director / Secretary
  • First Resolutions of the Directors
  • Application to Subscribe Shares
  • Resolutions of the Directors for the allotment of Shares, and appointment of Secretary
  • Share Certificate
  • Register of Directors and Officers
  • Register of Shareholders
  • Register of Beneficial Ownership

Learn more about companies in St Lucia:

St Lucia International Business Company (IBC) Formation Services and Government Fees – USD 2,950.00 (All included)

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate an St Lucia International Business Company, and keep it in good standing, as well as government fees and duties, and other disbursements.

  • acting as the incorporator of the company
  • drafting the Memorandum and Articles of Association, and submitting them with the Registrar of Companies
  • settling the Registrar of Companies incorporation fees and duties.
  • drafting and executing designation and acceptance of registered agent
  • drafting and executing incorporation and organizational meeting minutes
  • drafting and executing the first directors’ resolution for the appointment of directors, issuance and allotment of shares and other relevant corporate matters
  • drafting the directors’ acceptance letter
  • collecting and providing to the client the Certificate of Incorporation, and Stamped M&AA from the Registrar
  • preparing share certificates
  • preparing the register of directors
  • preparing the register of shareholders
  • providing registered agent services
  • providing registered office services
  • maintaining minute book and statutory records
  • providing certified copies of the corporate documents

Time to form

The process of incorporating a company begins with the the reservation of the company name, and the drafting of the memorandum and articles of association, the incorporation application and the statutory declarations of the registered agent, which are required for filing with the Registrar. This initial step typically takes one business day. Once completed, the aforementioned documents are submitted to the Registrar, who will process and approve the registration within 1 to 3 business days. While the company is officially incorporated as of the approval date—at which point a Registry extract becomes available—it may take an additional 2 to 3 business days for the Registrar to release the original physical certificate of incorporation and the stamped memorandum and articles of association.

Nominee Services (Optional)

  • Nominee Director – USD 1,900.00 per annum*
  • Nominee Shareholder – USD 1,900.00 per annum*

*If a Notarized General Power Of Attorney to be designated as attorney-in-fact is required, there is an additional one-time fee of USD 350.00 (Optional)

Bank Account Opening Services (Optional)

We assist you in opening a bank account in Saint Lucia.

  • Saint Lucia Bank Account - USD $ 300.00
    Saint Lucia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 10,000
    Yes
    USD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZAR
    Yes

Note that we can also open overseas bank accounts for Saint Lucia companies in the following offshore jurisdictions:

  • Andorra Bank Account - USD $ 1,200.00
    Andorra Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 500,000
    Yes
    USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
    Yes
    Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
    Bank 2
    EUR 300,000
    No
    EUR
    Yes
    Minimum Initial Deposit requirements for countries outside of the European Union is EUR 1,000,000 or equivalent.
  • Antigua Bank Account - USD $ 300.00
    Antigua Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 10,000
    Yes
    USD, EUR
    Yes
    In Euros they processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.
    Bank 2
    USD 5,000
    Yes
    USD, EUR
    Yes
    UnionPay Cards work without inconvenience in the USA.
  • Armenia Bank Account - USD $ 1,200.00
    Armenia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 50,000
    Yes
    EUR, USD, RUB, AMD
    Yes
    Business connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
  • Bahamas Bank Account - USD $ 500.00
    Bahamas Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Bank 2
    USD 1,000,000
    No
    USD
    Yes
    Family Offices, Fund Managers and Asset Managers only.
    Bank 3
    USD 100,000
    Yes
    Multicurrency
    Yes
    Only companies registered in the Bahamas. Economic substance required.
    Bank 4
    USD 10,000,000
    No
    Multicurrency
    Yes
    Primary focus with physical presence in Bahamas. Business interest in the Bahamas. The company needs to have been in existence for a minimum of 3 years.
    Bank 5
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Remote account opening is possible, but the bank will visit the client within first year after opening.
    Bank 6
    USD 500,000
    Yes
    USD, EUR
    Yes
    Prepaid debit card available.
  • Belize Bank Account - USD $ 300.00
    Belize Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 4,000
    No
    EUR, GBP, USD
    Yes
    Bank 2
    USD 2,000
    Yes
    USD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOK
    Yes
    Prepaid Visa cards available.
    Bank 3
    USD 3,000
    Yes
    Multicurrency
    Yes
  • BVI Bank Account - USD $ 900.00
    BVI Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 20,000
    No
    USD, GBP, HKD
    Yes
    Bank of Asia does not onboard corporations who have a connection in US and Russia.
    Bank 2
    USD 500,000
    No
    Multicurrency
    Yes
    VP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
  • Cayman Islands Bank Account - USD $ 900.00
    Cayman Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
    Yes
    Bank 2
    USD 25,000
    Yes
    USD, CAD, CHF, EUR, GBP, JPY, AUD
    Yes
    Bank 3
    USD 100,000
    Yes
    USD, EUR, CAD, GBP, AUD, Multicurrency
    Yes
    NCB Cayman Bank offers trading, private and investment bank accounts
  • Cook Islands Bank Account - USD $ 600.00
    Cook Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, NZD, AUD, SGD, HKD
    Yes
    Clients can have a corporate account for operational purposes only if they open an investment account as well.
  • Curaçao Bank Account - USD $ 500.00
    Curaçao Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 100,000
    No
    Multicurrency
    Yes
    Internet Banking only for viewing the account, not for operating
    Bank 2
    N/A
    Yes
    Multicurrency
    Yes
  • Cyprus Bank Account - USD $ 1,200.00
    Cyprus Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    N/A
    Yes
    Multicurrency
    Yes
    Supports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
  • Dominica Bank Account - USD $ 300.00
    Dominica Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 15,000
    Yes
    USD, EUR, GBP
    Yes
    Bank 2
    N/A
    No
    Multicurrency
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
    Bank 3
    N/A
    No
    Multicurrency
    Yes
    Bank 4
    N/A
    No
    EUR, USD
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
  • Gibraltar Bank Account - USD $ 1,200.00
    Gibraltar Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    N/A
    No
    Multicurrency
    Yes
    Bank 2
    USD 20,000
    Yes
    USD, EUR, GBP
    Yes
    For wealth management and brokerage accounts minimum relationships start from USD 250,000. Cards are dependent on jurisdictions.
  • Hong Kong Bank Account - USD $ 1,400.00
    Hong Kong Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    HKD 100,000
    Yes
    Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
    Bank 2
    HKD 200,000
    Yes
    HKD, USD, Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
  • Isle of Man Bank Account - USD $ 1,200.00
    Isle of Man Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    N/A
    No
    USD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGN
    Yes
  • Labuan Bank Account - USD $ 500.00
    Labuan Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 10,000
    No
    USD, JPY, SGD, EUR, GBP
    Yes
    For businesses operating offshore or non-resident companies seeking to establish corporate banking relationships in Labuan, we collaborate with a mid-size financial institution renowned for its expertise in serving international clientele. With decades of industry experience, this bank has positioned itself as a key player in supporting global businesses across a variety of sectors. This bank welcomes companies incorporated in numerous offshore jurisdictions without the stricter requirements, such as business nexus in the South Asia - East Asia regions, unlike larger institutions within Labuan. Catering to a diverse range of industries, the bank is well-versed in supporting investment and asset holding companies, as well as businesses engaged in sectors such as trade, professional services, e-commerce, among others. Whether you operate in consultancy, marketing or international trade, this bank offers tailored services to meet your corporate banking needs. Their corporate accounts are available in various major currencies, such as USD, JPY, SGD, EUR and GBP and the bank supports SWIFT transactions. Transactions will be carried out with the assistance of a dedicated personal relationship manager. In addition to traditional banking services, the bank also offers Islamic banking options, including Shariah-compliant investment products and Islamic trade financing solutions. Minimum relationships start from USD 10,000. The account opening process can be handled entirely remotely, eliminating the need for travel to Labuan. We will guide you through the preparation of the necessary KYC documentation and provide comprehensive support to ensure a seamless and efficient bank account application process. If you are interested in opening a corporate bank account in Labuan, contact us today to assess your eligibility and initiate the account opening process!
    Bank 2
    USD 250,000
    No
    Multicurrency
    Yes
    Bank 3
    USD 25,000
    No
    USD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AED
    Yes
    They focus more on Labuan incorporated entities.
  • Liechtenstein Bank Account - USD $ 1,200.00
    Liechtenstein Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 500,000
    No
    Multicurrency
    Yes
    Every active NFE needs to have a substance.
  • Mauritius Bank Account - USD $ 600.00
    Mauritius Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 50,000
    No
    Multicurrency
    Yes
    Bank 2
    USD 50,000
    Yes
    Multicurrency
    Yes
  • Nevis Bank Account - USD $ 300.00
    Nevis Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 20,000
    No
    USD, EUR, GBP
    Yes
    Bank 2
    USD 100,000
    No
    USD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKD
    Yes
    Bank 3
    USD 25,000
    No
    Multicurrency
    Yes
    Bank 4
    USD 10,000
    No
    USD
    Yes
  • Panama Bank Account - USD $ 1,200.00
    Panama Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 50,000
    Yes
    USD, EUR, CAD
    Yes
    Bank 2
    USD 10,000
    Yes
    USD, EUR, CHF, GBP, CAD
    Yes
  • Puerto Rico Bank Account - USD $ 300.00
    Puerto Rico Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    N/A
    No
    Multicurrency
    Yes
    Bank 2
    N/A
    Yes
    USD, HKD, AUD, CAD, CHF, CNY, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, TRL, XAF, ZAR
    Yes
    Unionpay Merchant service for clients.
    Bank 3
    USD 25,000
    No
    USD
    Yes
    Their main focus is on commercial type, trade finance.
    Bank 4
    USD 150,000
    No
    USD
    Yes
  • Seychelles Bank Account - USD $ 500.00
    Seychelles Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 25,000
    No
    USD
    Yes
    Internet banking is in view mode only, all transactions are carried out via email or by phone.
  • Singapore Bank Account - USD $ 900.00
    Singapore Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    SGD 100,000
    No
    USD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CAD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Bank 2
    USD 3,000,000
    No
    USD, SGD
    Yes
    Bank 3
    SGD 250,000
    No
    Multicurrency
    No
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Bank 4
    USD 30,000
    No
    USD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHF
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Bank 5
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
  • Switzerland Bank Account - USD $ 1,200.00
    Switzerland Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    CHF 500,000
    Yes
    EUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AED
    Yes
    Amina Bank does not open accounts with a pure transactional business nexus.
    Bank 2
    CHF 500,000
    Yes
    Multicurrency
    Yes
    Bank 3
    CHF 3,000,000
    Yes
    Multicurrency
    Yes
    Deposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
  • USA Bank Account - USD $ 1,400.00
    USA Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank 1
    USD 100,000
    No
    USD
    Yes
    min deposit USD 100k and more AND/OR with revenues of USD 1M
    Bank 2
    from 10,000 but preferred 250K-300K
    Yes
    USD, Multicurrency
    Yes
    They tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
    Bank 3
    USD 5,000
    Yes
    USD
    Yes
    Debit cards can be delivered to overseas address, however, credit card could ONLY be delivered to a USA physical address (non-PO box).
    Bank 4
    Typically USD 25,000 - USD 50,000, for high risk USD 500,000
    Yes
    USD
    Yes
    At least one US based signatory is required. Purpose to open an account in US is required.
    Bank 5
    N/A (USD 250,000 preferred)
    No
    USD
    Yes
  • EMI Account - USD $ 300.00
    EMI Accounts
    EMI
    Min Deposit
    Cards
    Currencies
    Remote
    EMI Account
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Cyprus EMI Account
    N/A
    Yes
    EUR
    Yes
    Cyprus EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Cyprus EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Hong Kong EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Hong Kong EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Hong Kong EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Kazakhstan EMI Account
    Depending on category.
    No
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    Yes
    EUR
    Yes
    Lithuania EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    Yes
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    No
    Multicurrency
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR, USD, GBP, SEK, JPY, HKD
    Yes
    Lithuania EMI Account
    N/A
    No
    EUR
    Yes
    Lithuania EMI Account
    N/A
    Yes
    EUR
    Yes
    Luxembourg EMI Account
    N/A
    No
    Multicurrency
    Yes
    Singapore EMI Account
    N/A
    Yes
    SGD, USD
    Yes
    Singapore EMI Account
    N/A
    No
    Multicurrency
    Yes
    Singapore EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    EUR, GBP
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    Depending on category.
    No
    EUR, GBP
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    EUR, USD, GBP
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    No
    USD, EUR, GBP, CAD
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    United Kingdom EMI Account
    N/A
    Yes
    Multicurrency
    Yes

Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

St Lucia IBC Annual Corporate Services and Government Fees – USD 2,550.00 (payable every January)

  • providing registered agent services for one (1) year
  • providing registered office services for one (1) year
  • maintaining minute book and statutory records for one (1) year
  • settling Registrar of Companies annual fees and duties
  • preparing and filing annual return
  • preparing and filing of financial statements and tax return with the IRD (preparation based on company’s management accounts)

Other Services (Optional)

  • Establishment of Trusts, and provision of Trustee Services
  • Continuation of Foreign Companies
  • Secretarial Services
  • Accounting Services

Please, contact us for further information.

SKU: INC-KN-001-4-1-1 Category:
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