Grenada Business, Taxation and Offshore Information
Grenada is the largest of a group of Caribbean islands, north of Trinidad and Tobago. It is volcanic in origin, with central mountains; there are extensive, sandy beaches, and many reefs. The climate is tropical, tempered by northeast trade winds. Grenada is on the southern edge of the hurricane belt, but the occasional hurricanes can be devastating. After Hurricane Janet in 1955, with winds of 115 mph, came Hurricane Ivan in 2004 and Hurricane Emily in 2005, both of which caused serious damage.
A French colony was established on Grenada in the 17th century, but eventually the island was ceded to the British under the Treaty of Versailles in 1783. The British imported African slaves and established sugar plantations, which were staffed by indentured Indian immigrants after the abolition of slavery. The island gained independence in 1974. More »