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St Vincent & the Grenadines

St Vincent & the Grenadines operates a progressive income tax system with a top rate of 40%. There are no capital gains, gift or inheritance taxes.

 

An Alien Landholding License costs between 4% and 10% of the property value, and stamp duty is charged at 10%, split equally between the buyer and the seller.

 

VAT is charged on most goods and services at 15%.

 

Corporation tax is charged at 32½%. IBCs are exempted from this and, unusually for an IBC regime, are permitted to own land in St Vincent & the Grenadines.

 

St Vincent & the Grenadines is a member of Caricom and has tax information exchange agreements with a number of countries including Austria and Denmark. St Vincent & the Grenadines has no tax treaties other than the one with Caricom.

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Kevin Walmsley
Kevin Walmsley BA (Hons) ACA FCCA CF

Managing Partner of Egham, Director of WK Corporate Finance

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