St. Lucia LLC Formation

Register a company in St. Lucia in 2 days with ease, backed by our accessible services and a responsive, experienced support team.

About St. Lucia

St. Lucia Offshore Company Registration

For entrepreneurs and investors seeking a reliable offshore base, St. Lucia LLC formation provides one of the most flexible and cost-effective structures in the Caribbean. The jurisdiction combines a modern legal framework, rooted in English common law, with strong confidentiality protections and a straightforward tax-free environment.

Through St. Lucia offshore company registration, clients benefit from zero income tax, no capital gains tax, and no withholding tax on international earnings. An LLC can be established quickly, usually within 24 to 48 hours, with electronic incorporation documents issued for immediate use

Unlike many other jurisdictions, St. Lucia company registration offers full privacy: the names of LLC members and managers do not appear in any public registry. This ensures discretion while still maintaining compliance with international standards. For asset protection, intellectual property holding, or international trading, the St. Lucia LLC delivers a blend of flexibility, stability, and confidentiality.

Importantly, the framework is grounded in the St. Lucia International Business Companies and International Trusts Acts, providing a clear legal basis that supports offshore operations. These laws are accessible in our Offshore Law Library for clients who wish to review the statutory foundations before registering a company.

Benefits

Register a Company in St. Lucia

Zero taxation

A St. Lucia LLC pays no corporate income, capital gains, or withholding taxes on international activities.

Fast incorporation

Incorporation can be completed within 1–2 business days, with digital documents issued immediately.

Privacy protection

Member and manager details are not publicly disclosed, allowing confidential ownership.

Flexible structuring

The LLC can be used for holding assets, IP protection, or international business operations.

No currency restrictions

Trade and banking can be conducted in any currency worldwide.

As a Commonwealth jurisdiction, St. Lucia provides a secure and predictable legal environment.

Features – Business Company (IBC)

Register a Company in St. Lucia

Incorporation in 24–48 hours

100% foreign ownership permitted

No local director requirements

No annual audit obligations

Annual renewal is simple and transparent

Banking support available with international institutions

International Business Company

St. Lucia Company Formation Packages

Basic

$1,850

Annual Renewal: USD 1,600

Unlimited Name Availability Check: Ensure your chosen company name is unique and available.

Document Preparation and Filing: All necessary documentation is prepared and submitted on your behalf.

Expedited Incorporation Process: Company incorporation completed efficiently.

One Year of Secretarial Services: Comprehensive company secretarial support for one year.

One Year Registered Agent and Address: Provision of a local registered agent and address for one year.

All Government Fees Included for One Year: Covers all government-related fees for the first year.

Digital Corporate Documents: Receive all essential corporate documents in digital format.

This package provides all the necessary services for a foreigner to establish a new St. Lucia International Business Company (IBC) from start to finish

Standard

$2,050

Annual Renewal: USD 1,600

All Core Services from the Basic Package Included: This package builds on the Basic tier and includes everything needed to successfully set up your St. Lucia IBC from start to finish.

One Bank Account Application Included: After your company is incorporated, we assist with one full application to a supported bank.

OVZA’s Service Fee Fully Covered: Our bank account opening support fee is included in this package—no additional OVZA charges.

Bank Introduction: We introduce your company to a reputable bank we work closely with and provide hands-on guidance throughout the application process.

Premium

$2,150

Annual Renewal: USD 1,600

Everything in the Standard and Basic Packages Included: Includes full company formation, one initial bank application, and our standard bank account support.

Premium Bank Support – Up to 5 Applications: We apply to up to 5 different banks on your behalf, stopping as soon as the first approval is received.

All OVZA Application Fees Covered (Up to 5 Banks): Our bank account opening service fees are fully covered for each application—up to five total.

Bank Matched to Your Industry or Needs: We’ll recommend and apply to banks that best suit your business model, region, or niche industry requirements.

Fast Response Time: As a Premium client, you’ll usually receive a reply from our team within 30 minutes—including during evenings and weekends.

Frequent Progress Updates: We keep you informed every step of the way with regular updates on your bank applications and overall progress.

Refund Guarantee

We offer a full refund, no questions asked, if we have not yet started the company. Read our policy

Offshore Company Incorporation Process

Steps to Register an St. Lucia International Business Company (IBC)

Step 1

Select Your Service Package

Choose between the Basic package for LLC formation only, the Standard package including one bank account application, or the Premium package with up to five account applications and priority handling. You may use our trusted notary network or provide your own notarized KYC documents

Step 2

Complete Payment

 Securely confirm your order through our checkout system. Payments are encrypted with 256-bit TLS security, and we accept major bank cards, mobile wallets, wire transfers, and over 300 cryptocurrencies including Bitcoin, Ethereum, USDT, and USDC.

Step 3

Submit and Verify Documents

 Provide a notarized passport copy and proof of address to satisfy compliance requirements. Our legal team verifies all documentation before filing your company.

Step 4

Finalize Company Registration

 Within 1–2 business days, your St. Lucia LLC is incorporated. You will receive your Certificate of Formation and supporting documents electronically. If banking support is included, we begin account applications immediately.

St. Lucia KYC Requirements

In St. Lucia, all individuals and entities must submit KYC documents to complete company registration. Below, you’ll find a list of the required documents to register a company in St. Lucia

All Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact Persons are required to submit the following documentation.

Proof of Identity

A notarized true copy of a valid passport, notarized within the last 3 months, provided as a scanned copy

Proof of Address

A notarized true copy (scanned) of a proof of address is required. Acceptable documents include:

  • Bank reference letter or bank statement
  • Utility bill (electricity, water, gas, internet, etc.)
  • Driver’s license
  • Any other official document issued by a government or financial institution

The document must clearly show the holder’s full name and physical residential address in English. P.O. Box addresses are not accepted.

All documents must be dated within the last 3 months.

Other Documents

  1. Bank Reference Letter:
    • Must confirm a banking relationship of at least 2 years
    • Must be issued on the official letterhead of the bank
    • Must be dated within the last 6 months
  2. Professional Reference Letter:
    • Must be from a licensed lawyer or accountant
    • Must confirm a professional relationship of at least 2 years
    • Must be issued on the official letterhead of the firm
    • Must be dated within the last 6 months

Company Documents

The following certified true copies of company documents are required:

  • The following certified true copies of company documents are required:

    • Certificate of Incorporation
    • Memorandum and Articles of Association (or Constitution)
    • Register of Directors
    • Register of Shareholders or Ultimate Beneficial Owners (UBOs)

Company Members

All individuals associated with the corporation—including Directors, Shareholders, and Ultimate Beneficial Owners (UBOs)—are required to provide valid proof of identity and proof of address.

Frequently Asked Questions

Is St. Lucia recognized as a reputable offshore jurisdiction?

Yes, St. Lucia is widely regarded as a respected and compliant jurisdiction for international business. It offers a modern legal framework under the International Business Companies Act and is fully aligned with OECD and FATF standards, making it suitable for businesses seeking privacy, flexibility, and international legitimacy. This reputation contributes to the growing interest in St. Lucia company registration among global entrepreneurs.

Yes, St. Lucia IBCs can open business bank accounts in various jurisdictions around the world. While local banking options in St. Lucia are limited for IBCs, most companies use reputable international banks or digital financial platforms that accept offshore structures registered in compliant jurisdictions like St. Lucia. This flexibility is one of the advantages of business registration St. Lucia offers to international entrepreneurs.

St. Lucia IBCs are not required to file annual financial statements or tax returns, provided they do not operate within St. Lucia or earn domestic income. However, companies must pay a small annual renewal fee and maintain proper records internally in case of due diligence requests or audits. This simplified compliance framework is a key benefit of business registration St. Lucia provides for offshore entities.

Yes, nominee directors and shareholders are permitted for St. Lucia IBCs. This allows for enhanced confidentiality, provided the underlying beneficial ownership details are disclosed to the registered agent for compliance purposes, in accordance with St. Lucia’s KYC/AML regulations. The use of nominees is a common feature in company formation St. Lucia, offering privacy while maintaining regulatory compliance.

Absolutely. A St. Lucia IBC is often used to hold cryptocurrencies, software licenses, trademarks, and other forms of intellectual property. The jurisdiction’s flexibility and privacy laws make it suitable for tech entrepreneurs, investors, and digital nomads seeking efficient asset structuring.

Are St. Lucia IBCs subject to corporate taxes?

No, St. Lucia IBCs are exempt from local corporate income tax on foreign-sourced income. As long as the company does not conduct business within St. Lucia or generate domestic income, no local taxes apply on profits, capital gains, interest, or dividends. This tax exemption is a core advantage of company formation St. Lucia offers to international investors and entrepreneurs.

No, St. Lucia does not impose withholding taxes on dividends, interest, or royalties paid by an IBC to non-residents. This makes it an efficient jurisdiction for global profit distribution and holding company structures. One of the key tax advantages of registering a business in St. Lucia is this absence of withholding tax obligations for offshore entities.

No VAT or sales tax is levied on the international activities of a St. Lucia IBC. The company is not required to register for VAT unless it conducts local business within St. Lucia. This tax advantage is one of the reasons many choose registering a business in St. Lucia for international operations.

Yes, St. Lucia has signed a limited number of Double Taxation Agreements (DTAs), but they typically do not apply to IBCs. Since IBCs are exempt from local taxation on foreign income, tax treaties are generally not relevant unless the IBC earns income from treaty countries that require a certificate of residency. This consideration may be important when registering a business in St. Lucia for use in international investment or cross-border trade.

 

Possibly. While St. Lucia does not tax foreign-sourced income, shareholders and directors must comply with the tax laws of their own countries. You should consult a tax advisor to understand your specific reporting obligations under your local laws, especially when operating through a St. Lucia offshore company.

What are the annual compliance requirements for a St. Lucia IBC?

St. Lucia IBCs must maintain a registered agent and registered office within the jurisdiction at all times. Additionally, they must pay an annual government renewal fee to remain in good standing. There are no annual tax filings or financial reporting obligations unless the IBC opts into local taxation. These simplified requirements make a St. Lucia offshore company an attractive option for low-maintenance international structuring.

The renewal fee for a St. Lucia IBC is due every January. Failure to pay on time may result in penalties or the company being struck off the register. OVZA can assist with timely renewals to ensure full compliance.

No, St. Lucia IBCs are not required to prepare or file audited financial statements, provided they do not earn income within St. Lucia. However, companies are expected to maintain accurate internal records in case of regulatory review or due diligence.

No, St. Lucia IBCs that do not conduct relevant activities (as defined by international standards) are not subject to economic substance requirements. This makes St. Lucia especially suitable for holding companies, asset protection, and IP management structures.

Yes, a St. Lucia IBC that has been struck off for non-payment or non-compliance can typically be restored within a certain period, subject to the payment of outstanding fees and penalties. Restoration requires the assistance of a licensed registered agent.

Can a St. Lucia IBC open a bank account?

Yes, a St. Lucia IBC can open an international business bank account. While domestic banking options in St. Lucia are limited for offshore companies, most IBCs successfully open accounts with international banks or fintech institutions in jurisdictions that accept well-structured offshore entities.

Several banks and payment institutions in Europe, the Caribbean, Asia, and the Middle East accept St. Lucia IBCs—particularly when the company has a clear business purpose and proper documentation. OVZA works closely with a network of banking partners that offer multi-currency business accounts and remote onboarding options.

Yes, most banking partners that work with St. Lucia IBCs allow remote onboarding, meaning you can complete the entire application process without traveling. However, video verification or notarized documents may be required depending on the institution.

Yes, many clients choose to open accounts with regulated digital banks and payment service providers. These platforms offer IBAN accounts, debit cards, and crypto-friendly services—making them ideal for startups, e-commerce, or investment holding companies.

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