Saint Lucia is known for its business-friendly environment and low corporate tax rates. The country has a stable political environment and a strong financial sector, which make it an attractive location for businesses looking to establish themselves. In addition, financial services regulatory authority of Saint Lucia has developed a clear regulatory framework for crypto assets and exchanges in order to ensure that local companies comply with the relevant laws and regulations.
Expenses for the crypto company in Saint Lucia:
• Preparation of the necessary documents for registration and incorporation of a new company in theSaint Lucia (remote registration);
• Provision of a registered address for the company for a year;
• Payment of the state fees related to the registration and incorporation of the company;
• Registration and incorporation of the Company in accordance with law;
• Obtaining from the Financial Services Regulatory Authority the necessary authorization (license) forthe Company on providing services related to the virtual assets (crypto-assets);
• Preparation of the AML/CFT internal documentation in accordance with the requirements ofAML/CFT law.
No requirements for share capital.
State fee for the license Turnkey software solution for your crypto company
Suggested services for further operational activity:
– Provision of AML officer (part-time)
– (minimum 6 months) Assistance in opening corporate in local bank of Saint Lucia Assistance in opening corporate account in payment system (crypto-friendly)
Additional services:
• Documents delivery by post
• Additional shareholder
• Legal entity is a shareholder
• Nominee service – (minimum 6 months)
• Payment gateway (Merchant account)
• Legal support (up to 10 hours of lawyer job)
• Customer Risk Scoring System & Red Flag checklist guidelines
• AML/CFT Training material
• Terms & Conditions (per item)
• Risk disclaimer (on a website)
• Legal opinion
• Legal framework for your token
• Other legal documents
Income from outside St. Lucia is not taxable.
1. Low Cost: The cost of setting up and running a business in Saint Lucia is relatively low compared to other jurisdictions. The country has a low cost of living, affordable office space, and a skilled work force, which makes it an attractive location for businesses looking to reduce their operating costs.
2. Access to the Caribbean Market: Saint Lucia is located in the Caribbean, which gives businesses access to a large and growing market. The country has strong trade links with other countries in ther egion, which makes it an attractive location for businesses looking to expand their operations.
3. Confidentiality: Saint Lucia has strict privacy laws, which protect the confidentiality of business owners and their clients. This can be particularly important for crypto exchange companies that deal with sensitive financial information.
Overall, Saint Lucia offers a favorable business environment and regulatory framework for crypto exchange companies, making it a compelling location to consider for establishing a new business in the industry.
Company formation – 2-4 weeks
Bank account opening – from 2 weeks
License obtainment – around 6-8 weeks
1. Copy of passport
2. Proof of address (Utility Bill; Driver’s License; Bank Statement)
3. Non-Criminal record for shareholders
All the above-mentioned documents should be notarized and apostilled and sent to us by DHL for remote registration.
With our service, we can get the process started ASAP.
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