How to Register an International Business Company (IBC) in Saint Lucia

What is an International Business Company?

An International Business Company (IBC) is a type of corporation specifically designed for conducting business outside of Saint Lucia. Governed by the International Business Companies Act of 1999, IBCs enjoy complete exemption from corporate income tax on foreign-sourced income, making them highly attractive for entrepreneurs and investors worldwide.

Step 1 — Choose Your Company Name

Your IBC name must be unique and not already registered in Saint Lucia. It must end with a corporate suffix such as "Limited", "Corporation", "Incorporated", "Ltd", "Corp", or "Inc". Names that imply government association, banking, or insurance require special approval.

Step 2 — Prepare Your Documents

You will need to provide the following KYC (Know Your Customer) documents for each director and beneficial owner:

• Certified copy of valid passport or national ID
• Certified proof of residential address (utility bill or bank statement, not older than 3 months)
• Brief description of business activities and source of funds
• Bank reference letter (for some categories of business)

Step 3 — File with the Registry

Through a licensed registered agent (such as eSaintLucia), your company's Memorandum and Articles of Association are prepared and filed with the Saint Lucia Registry of Companies. Standard processing takes 3–5 business days; express service can deliver incorporation in as little as 48 hours.

Step 4 — Receive Your Corporate Documents

Upon successful registration, you receive a complete corporate documents package including the Certificate of Incorporation, Memorandum and Articles of Association, share certificates, appointment of directors resolution, and the company's registered address.

Costs and Annual Fees

Formation fees typically start from $1,450 USD, inclusive of government fees, registered agent services, and the first year's annual renewal. Annual renewal fees apply each subsequent year to maintain the company in good standing.

Ready to Get Started?

Contact the eSaintLucia team for a free consultation and receive a personalized quote for your IBC formation. Our licensed professionals will guide you through every step of the process.