A St. Vincent IBC may open a bank account in St. Vincent and worldwide.
St. Vincent and the Grenadines (It’s 18 islands being also known as The Windward Islands) lies in the Eastern Caribbean, north of Grenada. St. Vincent gained independence from The UK in 1979 and has an English common law base together with political stability.
The applicable company legislation is: The Company Act, No 8 of 1994, The International Business Companies (Amendment and Consolidation) Act 2007 and its regulations., The International Business Companies Act 1996 (as amended, 2002) and The International Trusts Act 1996 (as amended, 2002).
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