Company Formation in Grenada
Americas
Overview
Grenada, an island nation in the Caribbean, was historically known as an offshore jurisdiction. However, under significant international pressure, its offshore sector has drastically shrunk, with most offshore banks closing and the country being listed by various international bodies. While company registration remains simple and quick, Grenada is now largely considered an unbeneficial and potentially risky jurisdiction for international business due to its tarnished reputation, minimal banking secrecy, and ongoing concerns from financial watchdogs.
Our Process
Step 1: Document Preparation
Prepare necessary documents including details for the director(s), shareholder(s), and registered office in Grenada.
Step 2: Company Registration
Submit the application to the Registrar of Companies for official incorporation.
Key Requirements
- Minimum 1 director
- Minimum 1 shareholder
- Registered office in Grenada
- Nominal share capital (e.g., US$50,000, typically $1 paid)