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Tax & Compliance

St Vincent Tax & Annual Compliance: General Overview

A plain-language summary of the main St Vincent tax and filing points for a company in 2026. This is general information to help you plan, not tax or legal advice. Your St Vincent provider or adviser confirms what applies to your situation.

St Vincent Tax & Annual Compliance: General Overview

A plain-language summary of the main St Vincent tax and filing points for a company in 2026. This is general information to help you plan, not tax or legal advice. Your St Vincent provider or adviser confirms what applies to your situation.

1

Activity-Based Taxation

St Vincent taxes companies based on their activities and connection to St Vincent. Companies within the domestic tax net are generally subject to corporate income tax at 28%. There is no automatic tax-free status; some companies fall within St Vincent tax and reporting, and tax may also arise where owners reside or where activities take place.

2

Indirect Charges

Government and annual fees apply. VAT applies at a standard rate of 16% to St Vincent-connected supplies, with registration generally required once annual taxable sales pass the current threshold of about XCD 300,000. Many companies trading outside St Vincent have limited local VAT obligations. The current position should be confirmed.

3

Economic Substance

Companies carrying on relevant activities may have economic-substance obligations, including local presence and reporting. Whether these apply depends on the company's activities.

4

Beneficial Ownership

St Vincent operates a beneficial-ownership regime. Companies must maintain and report beneficial-ownership information in line with applicable rules.

5

Annual Fees & Returns

Companies pay annual government and registered-agent fees to remain in good standing, and file returns as applicable. Deadlines apply each year.

6

Accounting Records

Companies must keep proper accounting records and underlying documentation sufficient to explain their transactions and financial position, and file where required.

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St Vincent Tax & Annual Compliance: General Overview | St Vincent & the Grenadines Formations