Funds License
In St. Vincent

Mutual Funds License

St. Vincent and the Grenadines (SVG) welcomes mutual fund business conducted by professionals with integrity. As regulators, we allow for a great degree of flexibility in terms of the investment portfolio or risk-return profile, provided that there is full disclosure of risk in the Prospectus/Offering Memorandum. We also closely scrutinize the Fund structure to ensure that the risk of fraud on investors or money laundering is minimized.

2-4 Months

Licensing Time



License Type

Group 3Created with Sketch.

Request a quote

Key Information You Need To Know



Following documents are required to apply for license application.

For Each Director , Shareholder & Ultimate Beneficial Owner

  • Notarised/Certified Passport Copy
  • Notarised/Certified Proof of Address
  • Notarised/Certified Bank Statement
  • Bank Reference Letter
  • Professional Reference Letter
  • Certified true copy of relevant academic and professional certificates
  • Curriculum Vitae

Please provide below, if the company has corporate shareholder :

  • Certificate of incorporation
  • Memorandum and articles of associations.
  • Articles of Incorporation
  • Register of Directors & Shares
  • Certificate of good standing (if the company is more than 12 months old)

Other Documents Required :

  • Business Plan
  • Proof of Source of Wealth

If you have any questions, please feel free to contact us or write to



Company Structure :

  • 2 Directors With Experience in Fund Management

Taxation :

  • St.Vincent & the Grenadines BC is subject to Tax Authorities since January 2019 ( 30% on worldwide income ). Saint Vincent and the Grenadines has amended its International Business Company Act and the International Trust Act to comply with the requests of the EU & OECD.

Accounting & Auditing:

  • It is a requirement to file audited accounts and annual returns with the authorities. A company is required to keep financial records, which will indicate the tax amount payable to the Financial Authorities.

Registered Agent & Office – Required

Company Secretary- Required


If you have any questions, please feel free to contact us or write to



There are 3 types of Mutual Fund that can be established in Saint Vincent :


“Accredited Fund ” Means A Mutual Fund

  • the shares of which are made available only to accredited investors and the initial investment in which, in respect of the majority of such investors, is not less than twenty-five thousand dollars per investor in the United States currency or its equivalent in any other currency; provided, such minimum investment threshold shall not apply in respect of an investment made by the manager, administrator, promoter or underwriter of the fund; or
  • which is designated as an “accredited fund” by regulations;

“Accredited Investor” Means A Person

  • whose ordinary business involves, whether for its own account or the accounts of others, the acquisition or disposal of property of the same kind as the property, or a substantial part of the property, of the fund; or
  • who has signed a declaration that it or he, whether individually or jointly with his spouse (as applicable), has net worth in excess of one million dollars in the United States currency or its equivalent in any other currency and that it or he consents to being treated as an accredited investor;

“Private Accredited Investor” Means A Mutual Fund

  • the constitutional documents of which specify that it will have no more than fifty investors;
  • the constitutional documents of which specify the making of an invitation to subscribe for or purchase shares issued by the mutual fund is to be made on a private basis, which shall include-
    • an invitation made to specified persons and is not calculated to result in shares becoming available to other persons or to a large number of investors, or
    • by reason of a private or business connection between the person making the invitation and the investor; or
  • which is designated as a private or accredited fund by the regulations;

If you have any questions, please feel free to contact us or write to



In order to acquire a license, following steps will be carried out :

  • Reviewing & Due Diligence of KYC of Directors & UBO
  • Name Check & Reservation at ROC
  • Preparing Application Forms, Drafting and Compiling Documentation & Reviewing of Application
  • Filing Application with the  Financial Services Authority (FSA)
  • Follow up and liaising with FSA

If you have any questions, please feel free to contact us or write to


Not sure which jurisdiction to choose for your brokerage ?

Get A Free Consultation Form One of Our Financial Licensing Specialist

Our specialist will understand your requirements & suggest you with the right jurisdiction to setup your business.

Group 3Created with Sketch.

Book Your Free Consultation