Company Registration in Grenada
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Caribbean island south of Saint Vincent
Location
Eastern Caribbean Dollar (XCD), pegged to the US Dollar
Currency
Legal System
IBCs, LLCs.
Corporate Structures
Tax System
- No capital gains or inheritance taxes
- Corporate tax rate of 30%
- Offshore companies are exempt from local taxes if they do not conduct business in Grenada
Legal Framework
- Based on English Common Law; governed by the Companies Act
- International Business Companies (IBCs) are popular due to their simplicity and tax benefits
Advantages
- Citizenship-by-investment programs attract global investors
- Strategic location for international trade
- Strong asset protection laws
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