Key steps to be followed for registering a company are:
- Reserving a company name and preparing the incorporation documents such as article of incorporation, notice of director, notice of company’s registered office etc. by a lawyer
- Registering the company with the Commercial Registry
- Obtaining a company seal (not mandatory)
- Obtaining a taxpayer identification number from Inland Revenue Department, registering as an employer with a social security institute i.e. the National Insurance Corporation
For setting-up a branch of a foreign company, following documents are needed:
- Name of the company;
- Details of incorporation of the foreign company such as the jurisdiction within which the foreign company is incorporated, date and manner of incorporation, particulars of corporate instruments
- Liability of the shareholders or members of the company;
- Details of authorized, subscribed and paid-up capital of the company.
- Details of registered or head office of the company outside Saint Lucia;
- Details of directors;
- Details of business that the company intends to carry on in Saint Lucia and the date from which the company intends to commence its business in Saint Lucia;