Register a Saint Vincent and the Grenadines Business Company (BC, formerly IBC) or Limited Liability Company (LLC), with professional incorporation and ongoing registered-agent support.
Choose between a Business Company (BC, formerly IBC) under Chapter 149 and a Limited Liability Company (LLC) under Chapter 151. Both allow international ownership, but their governance, tax exemptions and compliance obligations differ.
A BC is a share company with one or more directors and shareholders. The former IBC designation is no longer the current statutory name. It must obtain a tax identification number and meet applicable accounting, tax and economic substance obligations.
An LLC is based on members and an LLC Agreement rather than conventional shares. Qualifying international LLCs may receive statutory SVG tax exemptions under sections 9 and 91 of the LLC Act.
Both forms require a licensed registered agent, registered office, beneficial ownership due diligence and appropriate corporate records. Regulated activities need authorisation.
Provide identification and ownership details for the proposed BC or LLC, together with a description of the intended international activities and banking requirements.
Please send scans first. BRIS GROUP will confirm certification or notarisation requirements with the licensed registered agent before you incur costs.
BRIS GROUP is supervised by HMRC for anti-money laundering purposes (registration number XRML00000101312) and is registered with the UK Information Commissioner’s Office (ICO). Client onboarding includes identity verification and due diligence.
Four coordinated stages, from initial review to company documents and ongoing administration.
Confirm the structure, intended activities, owners and management arrangements.
Review passports, proof of address, beneficial ownership and source-of-funds documents.
File the BC Articles and required notices, or the LLC Articles of Formation, through the licensed registered agent.
Organise incorporation records, relevant TIN and tax/ES review for BCs, and annual agent and statutory maintenance.
Formation and annual administration for Saint Vincent BCs and LLCs. Both structures start at the prices below; specific government, registered-agent, accounting and tax services are confirmed in the quotation.
Starting formation price for either a Business Company (formerly IBC) or LLC, subject to the agreed service scope.
Starting annual maintenance price for either form. Statutory filings, accounting, tax and optional services depend on the company and quotation.
Tell us about your proposed business for an itemised quotation.
Request a Personalised Quote →Watch the BRIS GROUP formation video and consult the separate official BRIS GROUP client guides for the BC and LLC structures.
An introduction to the jurisdiction and the formation process.
Watch on YouTube ↗Read the separate six-page guides: BC (formerly IBC) for share companies and LLC for membership-based companies. The tax and annual compliance rules are not identical.
The former International Business Company is now referred to as a Business Company (BC) under the updated legislation.
A BC has shareholders, directors and shares; an LLC has members and a contractual LLC Agreement. Their SVG tax and accounting regimes differ.
Yes. Both structures allow foreign owners and management, subject to registered-agent KYC and regulated-activity requirements.
A qualifying international LLC may benefit from the LLC Act section 91 exemption. BC taxation follows the territorial income-tax rules and may require annual tax and economic substance filings.
Both structures maintain a licensed registered agent, corporate and accounting records and annual renewal. A BC also requires a TIN and review of annual tax and economic substance obligations.
Further reading about incorporation, international business and the Saint Vincent & the Grenadines offshore company framework.
An introduction to the jurisdiction and the reasons international founders consider SVG.
Read article →Explore the commercial uses and incorporation considerations for international companies.
Read article →Understand the historic IBC terminology and compare it with current BC and LLC structures.
Read article →Tell us about your proposed activities, owners and banking requirements. We will help you choose between a BC and LLC and prepare a tailored quotation.
Contact BRIS GROUP →This page is for general information only and does not constitute legal, tax or accounting advice. Incorporation and ongoing requirements depend on the proposed activities and circumstances.
