- REPRESENTATIVE LOCATED IN EUROPEAN TIME ZONE
The Group has a representative sales office in London. European based clients can therefore communicate immediately with a consultant on a particular service without having to wait 5-6 hours before the West Indies opens up for business. - ST. LUCIA NOT AFFECTED BY EU SAVINGS DIRECTIVE
St. Lucia’s legal system is based on the English common law tradition. However, as a country, St. Lucia is a fully INDEPENDENT jurisdiction. Using a St. Lucia international business company (“IBC”) or offshore company, or trust can help protect against the EU Savings Directive. Using a product from a dependent territory of an EU member state, for example, would not be effective. Jurisdictions such as the BVI, Anguilla, Channel Islands, Isle of Man, Antilles, Cayman, Bahamas are all affected by the EU Savings Directive and should therefore be avoided.
- NO STAMP DUTY OR CAPITAL TAXES
IBCs can be formed with very high share capital from initial incorporation without incurring any extra charges—a good vehicle for those considering a public offering. For example, an IBC can be formed with an authorised share capital of 50,000 or 50 million, and in each case, there are no additional costs. Further, the currency can be in US$, GBP£, EUROs. Please advise if you would like to have the share capital in a different currency. - PERSONALISED COMPANY DOCUMENTS
How do you want your IBC corporate documents in the form of memorandum & articles of association to look? Just tell us and we will accommodate. Do you want the paper to be a certain size to facilitate ease of scanning in your office? This can be arranged. Perhaps you would like the corporate documents to have the logo or trademark of your institution? This can also be arranged. Further, perhaps you would like the corporate documents to be in Spanish, French, German, Italian, Mandarin or another particular language? Please let us know and we will facilitate. - USE OF WORD “TRUSTEE” IN IBC NAME
The registry in St. Lucia will allow an IBC to be incorporated with the word “Trustee” and there are no further applications for permission to use that name and no extra costs. This is useful for clients who desire their own private trust company.
OFFSHORE TRUSTS
The Mercatoria Group is also separately licensed as a trustee in St. Lucia, with Mercatoria Trustees Limited being the company that holds the trustee license. The Group is committed to providing efficient and cost effective trustee services.
