Published
4 вер. 2023 р.
Updates:
3 груд. 2024 р.
Saint Barthélemy
Price:
Delivery:
Legal forms:
Payment methods:
2 weeks
SB, LLC
Document checklist:
1.Passport
2.Proof of Residence
Requirements:
Local legal address (Handled by B2B Hub)
Saint Barthélemy
$
1000
FAQ for company formation in Saint Barthélemy
Q: What types of companies can be formed in Saint Barthélemy?
A: Saint Barthélemy allows for the formation of various types of companies, including limited liability companies, joint ventures, partnerships, and branch offices.
Q: What is the process for forming a company in Saint Barthélemy?
A: The process for forming a company in Saint Barthélemy involves obtaining a business license, registering the company with the Saint Barthélemy Chamber of Commerce, and obtaining necessary permits and approvals from relevant authorities.
Q: Is there a minimum share capital requirement to form a company in Saint Barthélemy?
A: Yes, there is a minimum share capital requirement to form a company in Saint Barthélemy. The minimum share capital for a limited liability company is €7,500.
Q: Do I need to have a physical office in Saint Barthélemy to form a company?
A: Yes, companies in Saint Barthélemy are required to have a physical office in the country. The office can be a commercial office or a virtual office, but it must be located within Saint Barthélemy.
Q: What are the tax implications of forming a company in Saint Barthélemy?
A: Companies in Saint Barthélemy are subject to corporate income tax, which is currently set at a flat rate of 25%. Additionally, companies are required to pay value-added tax (VAT) on goods and services sold in Saint Barthélemy.
Q: How long does it take to form a company in Saint Barthélemy?
A: The time required to form a company in Saint Barthélemy can vary depending on the complexity of the registration process and the availability of local resources. In general, it takes approximately 1-2 weeks to complete the company registration process in Saint Barthélemy.
Q: What are the ongoing compliance requirements for companies in Saint Barthélemy?
A: Companies in Saint Barthélemy are required to comply with various ongoing compliance requirements, such as maintaining accurate financial records, filing annual financial statements, and submitting tax returns.
Q: Can a foreigner form a company in Saint Barthélemy?
A: Yes, foreigners are allowed to form companies in Saint Barthélemy. However, foreign investors may be required to have a local partner or sponsor to form a company in Saint Barthélemy.
Saint Barthélemy is a small island in the Caribbean with a population of just over 9,000 people. The economy of Saint Barthélemy is largely based on tourism, with the majority of the island's GDP coming from the tourism industry. In 2019, the total GDP of Saint Barthélemy was estimated to be around $1.2 billion, with the tourism sector contributing around $1 billion of that total. The island also has a strong financial services sector, which accounts for around 10% of the GDP. The unemployment rate in Saint Barthélemy is low, at just 2.3%, and the average household income is around $50,000. The island has a strong infrastructure, with good roads, reliable electricity, and a modern telecommunications network. Overall, Saint Barthélemy has a strong and stable economy, with a well-developed tourism sector and a low unemployment rate.
Saint Barthélemy, also known as St. Barts, is an overseas collectivity of France located in the Caribbean. As an overseas collectivity, it is subject to French taxation laws.
Corporate taxation in St. Barts:
- Corporate tax rate is 25%
- Capital gains tax rate is 25%
- Dividend income is subject to a withholding tax of 30%
Personal taxation in St. Barts:
- Income tax rates range from 0% to 45%, depending on income level
- Capital gains tax rate is 30%
- Inheritance and gift tax rates range from 5% to 45%, depending on the relationship between the donor and recipient.
Tax Payment and Calendar:
- The tax year in St. Barts runs from January 1 to December 31.
- Tax returns must be filed by May 31 of the year following the tax year.
- Corporate income tax payments are due in four installments throughout the year, on March 15, June 15, September 15, and December 15.
- Individual income tax payments are made on a monthly basis, with the final payment due in September of the year following the tax year.
- Inheritance and gift taxes are due within six months of the date of the transfer.
Taxpayers in St. Barts are required to keep detailed records of their income and expenses, and may be subject to audits by the French tax authorities. Failure to comply with tax laws can result in penalties and fines.
Application without registration
The first director
The second director
The third director
The first shareholder
The second shareholder
The third shareholder
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