1.How long does it take for offshore company set up in St Lucia?
With assistance from BSW, business setup in St Lucia usually takes around 2-3 business days.
2.Are company information published on public records?
Although there is a public registry, the names of shareholder, officers and directors are not published.
3.Is St Lucia suitable for offshore business?
St Lucia is safe for offshore business with a stable economy and a good reputation for conducting offshore business.
4.Does the jurisdiction permit bearer shares?
No, bearer shares are not permitted in St Lucia offshore companies.
5.What is the basic legal system in St Lucia?
The legal system in St Lucia is based on Commons Law and Civil Law.
6.How often is renewal required?
Renewal is required each year after the anniversary date of the company.
7.What is the paid-up capital requirement in St Lucia?
There is no paid-up capital requirement for offshore companies operating in this jurisdiction.
8.What is the currency of St Lucia?
The standard currency of St Lucia is the Eastern Caribbean Dollar (EC$).
9.Is it mandatory to file annual returns?
No, filing annual returns is not compulsory for St Lucia offshore companies.
10.How is the confidentiality while conducting business in St Lucia?
The jurisdiction provides a high level of privacy and confidentiality for business activities.