|
St. Vincent and the Grenadines:
Direct Corporate Taxation |
| BACK
TO
ST. VINCENT AND THE GRENADINES INFORMATION: BUSINESS,
TAXATION AND OFFSHORE |
Domestic Corporate Taxes
International
entities registered in St. Vincent and the Grenadines
are not subject to taxation. Favourable tax
laws are common also in the domestic economy,
where there is no capital gains tax, no inheritance
tax, no tax on dividends and corporate tax ranges
from 10 37.5% (although Budget 2007 saw
a commitment to reduce the upper level to 30%
over the coming years). There is no capital
gains tax.
Withholding Tax rates are as follows:
There
is a Property Tax of 5% of assessed value.
Companies
granted Fiscal Incentives are exempted from
paying corporate tax, but foreign nationals
working in St. Vincent and The Grenadines are
subject to the same tax rate as nationals. See
Personal Taxation
for details.
A
Value Added Tax (VAT) was introduced on 1 May
2007. The introduction of VAT replaced the five
different consumption taxes, which were charged
at rates of up to 55%, with one tax at a standard
rate of 15%.
Although the standard rate is 15%, there is a
reduced rate of 10% for hotel accommodation.
|
|
| BACK
TO
ST. VINCENT AND THE GRENADINES INFORMATION: BUSINESS,
TAXATION AND OFFSHORE |
|
|
Strategic Partners
Lowtax Network Portal: 'Low-tax' business and investment in the top
50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day.
Investors
Offshore: The independent offshore and alternative investment guide
for expatriates and the globally aware investor.
Law & Tax News: Daily
news and background data on tax and legal developments for international business.
Offshore-e-com: A topical
guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of
the web's largest and most authoritative business and investment information
sources.
US Tax Network: The resource
for free online US taxation information, covering: corporate tax, individual
tax, international tax, expatriates, sales and e-commerce tax, investment
tax.
Personal Business Tax
Guide: Providing essential tax news and information on business for
contractors, entrepreneurs, professionals, small businesses, artists, sportspersons
and entertainers.
Offshore
Trusts Guide: OTG publishes news, features and newsletters on the
use of offshore trust structures.
TreatyPro:
The online tax treaty resource.
|
Lowtax Library
One of the web's largest and most authoritative business and investment
information sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL
NEWS SUBSCRIPTION
Our 16 constantly updated intelligence
reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer
pricing. Reports are available for immediate downloading or as subscription
services with news pages.
|
Advertising
& Marketing
With over 50,000 qualified readers every month our web-sites offer
a number of cost effective, targeted advertising, sponsorship and marketing
opportunities:
- Display advertising - from 'skyscrapers' to 'buttons'
- Content/article submission and sponsorship
- Opt-in email marketing
- On-line Services Directory listings
Click
here to learn more or contact Charles Bell on +44 (0)1424 205 425
or at charles@bsi-media.com
and he will put you in touch with your regional rep.
|
News & Content
Solutions
Could your corporate web-site or newsletter benefit from incorporating
regularly updated news and content tailored to serve your clients' interests?
We can provide a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
- Customised, personalised 'own-brand' news services
- Newsletter content and management
- News Headline Tickers
Click here
to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com
and he will put you in touch with your regional rep.
|
|
|