St. Vincent Trust & Escrow
At St. Vincent Trust & Escrow Ltd, we take pride in our role as an authorized and licensed entity in St. Vincent and the Grenadines. With license number #51 RA 2019, we specialize in financial fiduciary services, acting as trustees and agents to administer, manage, and transfer assets for our clients.
Our extensive experience in both the private and public sectors enables us to provide professional consulting services for the formation and management of local offshore companies and corporations.
Our Mission
We strive to be industry leaders in trust and escrow services, dedicated to enhancing the lives of our clients. Our commitment lies in delivering excellence, quality, and innovation in every aspect of our work.
About St. Vincent & The Grenadines
St. Vincent and the Grenadines offer favorable tax laws for foreign investment, making it an attractive offshore jurisdiction. Trusts registered in St. Vincent are exempt from various taxes, including gift, inheritance, succession, estate, exercise, or capital appreciation taxes. Limited Liability Companies operating offshore are also fully exempt from taxes in St. Vincent.
Legal Frameworks
Our Trusts are structured under various legal frameworks, including Spendthrift Trusts, Charitable Trusts, and Purpose Trusts, ensuring flexibility and compliance with legal requirements.
Confidentiality
We adhere to strict confidentiality laws in St. Vincent to protect the information of our clients, including settlors, beneficiaries, and trust assets.
Taxes
Non-resident beneficiaries of trusts registered under the Trust Act are not subject to estate, inheritance, succession, gift, exercise, or capital appreciation taxes on income or assets.
Other Considerations
- All trusts must have at least one trustee holding a Registered Agent and Trustee License.
- Co-trustees are permitted without nationality or residency restrictions.
- Protectors of purpose trusts cannot serve as trustees.
- Trustees face penalties for offenses outlined in the Trust Act.
- There is no statute of limitations for actions against trustees regarding fraud or asset recovery.
At St. Vincent Trust & Escrow Ltd, we prioritize the needs of our clients and ensure the highest standards of service, compliance, and confidentiality. With us, you can trust your financial matters are in capable hands.