OffshoreGuy
Jurisdiction · VC

Saint Vincent & the Grenadines

SVG is the lowest-cost offshore LLC on the planet. Apostille is not yet supported, which limits international banking applications. For founders who only need a non-US entity for purely offshore transactions, SVG is the most efficient formation cost.

GRAY7-day formationNo apostille: flag for bankingNo public UBO register
Why this jurisdiction

What makes Saint Vincent & the Grenadines different

  • Lowest-cost offshore LLC on the platform.
  • Apostille not yet supported: flag this for banking applications.
  • USDT widely accepted in the SVG licensed agent corridor.
KYC reality

What we collect, and what Saint Vincent & the Grenadines filing requires

We collect
  • Email, country of residence, intended use statement
  • OFAC + EU + UN sanctions screen
  • Tier 1 KYC on this SKU when it ships in Phase 2
Local filing requires
  • Beneficial owner identification per local AML obligations
  • Notarized passport copies and proof of address

The honest note: Saint Vincent & the Grenadines licensed agents apply local AML rules to every formation. Anonymous formation is not available.

Banking compatibility

Where Saint Vincent & the Grenadines entities bank

Offshore fallbackCaribbean partner that accepts SVG entities case-by-case.
Bitcoin-native bankBitcoin-native fallback.

Banking compatibility varies. We surface the rail categories that have a track record of onboarding Saint Vincent & the Grenadines entities. See the Banking page for named rails.

Full banking ranking
Case for / case against

When this jurisdiction is right (and wrong)

Case for

If you need the cheapest possible non-US entity and you don't need apostilled documents for banking applications, SVG is correct.

If your payment counterparties prefer USDT and you want the formation itself paid in USDT end-to-end, SVG is the most-direct path.

Case against

Apostille is not currently supported. If your bank requires apostilled formation documents, SVG won't work.

Reputational tier is below Seychelles and Belize. Plan banking accordingly.

FAQ

Common Saint Vincent & the Grenadines questions

How long does Saint Vincent & the Grenadines formation take?

Most Saint Vincent & the Grenadines formations are filed within the published timeline shown on the jurisdiction's at-a-glance card. Apostille turnaround adds 5-10 business days where required.

Can I form a Saint Vincent & the Grenadines entity in Bitcoin?

Yes. Accepted forms of payment are BTC (on-chain and Lightning) and USDT (TRC-20 / ERC-20), settled via BitSettle, our proprietary settlement system. Settlement to local providers happens off-platform via our OTC desk where required.

Does the licensed agent collect KYC even if I'm in Tier 0?

Yes. The licensed registered agent in your selected jurisdiction is a regulated trust-and-corporate-service provider statutorily required to identify the beneficial owner regardless of our platform-level KYC tier.

What banking works with this entity?

See the banking page for our full ranking by rail. The most common rails for this jurisdiction are listed in the Banking compatibility section above.

Can I dissolve the entity later?

Yes. Dissolution / strike-off is a standalone SKU. Pass-through state fees apply per jurisdiction.