Assistance with Company Registration in Grenada
Grenada allows foreign nationals to register companies without specific residency requirements. Establishing a business in the country can help entrepreneurs expand into Caribbean markets, manage investments, and benefit from regional trade opportunities.
Who needs company formation services in Grenada
Company registration in Grenada is suitable for investors, international entrepreneurs, and business owners looking to establish a presence in the Caribbean, expand their operations, or optimise their corporate structures. Both Grenadian citizens and foreign nationals can own companies in the country.
Our company registration services in Grenada help foreign investors and entrepreneurs establish businesses in compliance with local regulations. Immigrant Invest specialists assist with choosing a suitable company structure, preparing incorporation documents, and coordinating registration procedures with local authorities.
Grenada citizenship by investment programme participants
Investors who have obtained Grenadian citizenship may establish a company to manage local assets, launch a business, or expand their investment portfolio. Company registration is optional and separate from the citizenship application process.
Entrepreneurs starting a business in the Caribbean
Business owners operating across borders may establish a Grenadian company to serve local and regional clients, enter into commercial contracts, and develop new business opportunities in the Caribbean.
Grenada is a member of the Caribbean Community, CARICOM, and participates in its Single Market and Economy, which facilitates regional trade, investment, and capital movement. This can help businesses expand into other participating Caribbean markets[1]Source: CARICOM — Single Market and Economy.
Business owners expanding into Grenada
Entrepreneurs with established businesses abroad can register a Grenadian subsidiary or register their existing foreign company to conduct business in the country. This allows them to establish local operations, enter into contracts, and develop a presence in the Caribbean market[2]Source: Parliament of Grenada — Companies Act, Chapter 58A.
Request assistance from migration experts
After sending your request, our migration expert will contact you to confirm the details and outline the next steps.
Zlata Erlach, Head of the Austrian office
Types of companies you can register in Grenada
Grenada's Companies Act[3]Source: Government of Grenada — Companies Act, Chapter 58A, Parts II, V, XVIII, and XIX provides for the incorporation of profit-making and non-profit companies, as well as the registration of foreign businesses operating in the country. All these organisation types can be established by foreign nationals.
Private limited liability company
A private limited liability company, Ltd., is a suitable option for entrepreneurs, international investors, and small or medium-sized businesses. A company can have a single shareholder and director, and shareholders are generally not personally liable for its debts. It can operate a business, hold assets, and distribute profits to shareholders.
Public company
A public company structure is intended for businesses seeking to raise capital by offering shares or debt securities to the public. Under Grenadian law, public companies must have at least 3 directors and comply with additional corporate governance and reporting requirements.
Non-profit company
A non-profit structure is designed for charitable, educational, scientific, cultural, and other public-benefit activities. It has no share capital, and its profits must be used to support its stated objectives rather than distributed to members. Incorporation requires prior approval from Grenada’s Attorney-General.
External company
A business already incorporated abroad can register in Grenada as an external company to conduct local operations. This allows it to establish a presence in the country without creating a separate Grenadian legal entity.
Requirements for company registration in Grenada
The main requirements for registering a company in Grenada are established by the Companies Act, Chapter 58A[4]Source: Government of Grenada — Companies Act, Chapter 58A.
Founders, directors, and company secretary
At least one person is required to establish a company. Individual founders must be at least 18 years old, must not be bankrupt, and must not have been legally declared of unsound mind.
A private company must have at least one director, while public and non-profit companies require at least three. Every company must also appoint a secretary, who may be an individual, a firm, or a corporation.
Registered office
Every company must maintain a registered office in Grenada and provide its address to the Registrar of Companies. The office serves as the official address for corporate records and legal correspondence.
Company name
The proposed name must be available for registration and comply with Grenadian naming rules. It must include a designation such as Limited, Ltd., Incorporated, Inc., or Corporation, Corp.
Share capital
The Companies Act does not prescribe a general minimum share capital for an ordinary private company. Its articles of incorporation must specify the classes of shares and any maximum number of shares the company is authorised to issue. Non-profit companies do not have share capital.
Beneficial ownership records
Most companies must identify and maintain a register of their beneficial owners — individuals who ultimately own or control the business. The register must contain identifying information, including names, addresses, nationalities, and dates of birth, and must be kept up to date[5]Source: Parliament of Grenada — Companies (Amendment) Act, 2022.
Exemptions apply to companies whose shares are listed on an appointed stock exchange, financial institutions licensed under the Banking Act, subsidiaries of exempt entities, and companies exempted by ministerial order.
Business licences and permits
Depending on the activity, companies may need additional approvals to operate in Grenada. These may include trade licences, hotel licences, construction permits, or an Alien Landholding Licence for foreign nationals and foreign-controlled companies purchasing real estate in Grenada[6]Source: Grenada Investment Promotion Agency — Doing Business in Grenada.
Additional requirements
Additional requirements apply to certain company structures. Non-profit companies need the Attorney-General's approval before incorporation. Existing foreign companies registering a local presence must appoint a representative resident in Grenada who is authorised to receive legal notices on their behalf[7]Source: Parliament of Grenada — Companies Act, Chapter 58A, Sections 328–330 and 344–346.
Lyle Julien,
Investment programmes expert
Foreign nationals can establish and own companies in Grenada without obtaining citizenship or residence permits. The distinction becomes important when they intend to manage the business locally: non-citizens need a work permit to work in Grenada, while Grenadian citizens, including those who obtained citizenship by investment, do not.
Another advantage of Grenadian citizenship concerns property ownership. Even a company registered in Grenada can be considered foreign-controlled if it has a foreign director, or if foreign nationals hold more than one-third of its shares or voting rights. Such companies generally need an Alien Landholding Licence to purchase property in Grenada.
Citizens, including those naturalised by investment, are not subject to these restrictions.
Documents required for company formation in Grenada
To register a company in Grenada, applicants must prepare incorporation documents containing information about the business, its founders, and directors. Foreign investors may also need to provide identity documents for verification.
Documents issued in languages other than English must be accompanied by a notarised certified translation when required under the Companies Act.
Main documents
The main documents required to incorporate a company include:
- Request for Name Search and Name Reservation, Form 26. An application to check whether the proposed company name is available and reserve it for registration.
- Articles of Incorporation, Form 1. The company's founding document, specifying its name, share structure, number of directors, and any restrictions on its business activities. It must be signed by the incorporators.
- Notice of Directors, Form 9. A document identifying the company's first directors, including their full names, residential addresses, and occupations.
- Notice of Registered Office, Form 4. A document confirming the company's registered office address in Grenada and its mailing address.
Personal identification documents
Incorporation service providers and banks request copies of passports, proof of residential addresses, and information about shareholders, directors, and beneficial owners to conduct identity and compliance checks.
Companies must also maintain beneficial ownership records identifying the individuals who ultimately own or control the business[5]Source: Parliament of Grenada — Companies (Amendment) Act, 2022.
Additional documents
Additional documents depend on the company type. Non-profit companies must submit written approval from the Attorney-General. Foreign businesses registering as external companies need their existing corporate documents, an application for registration, statutory declarations, and a power of attorney appointing a representative resident in Grenada.
How to register a company in Grenada: step-by-step process
The standard company incorporation and initial tax registration can take approximately 7 to 9 working days. This is not a guaranteed processing period. Depending on the circumstances, preparing documents, opening a corporate bank account, and obtaining additional licences may take longer.
1 day
Initial consultation and company structure selection
Immigrant Invest specialists assess the investor's business objectives, planned activities, and ownership structure. They help determine whether to incorporate a new Grenadian company or register an existing foreign business.
The team also identifies potential licensing requirements and coordinates legal and tax consultations where necessary.
3—4 days
Company name reservation
A proposed company name is submitted to the Corporate Affairs and Intellectual Property Office, CAIPO, for verification and reservation.
The Registrar checks that the name is available and is not identical or confusingly similar to an existing registered name. The official name search and reservation fee is EC$10.
1—3 days
Preparation of incorporation documents
Immigrant Invest coordinates document preparation with local legal professionals. The package includes the Articles of Incorporation, Notice of Directors, and Notice of Registered Office.
Foreign entrepreneurs may also need to provide identification documents and information about the company's beneficial owners. Our specialists help arrange translations, notarisation, and other certifications where required.
3—5 days
Application submission and company incorporation
The completed incorporation documents are submitted to CAIPO, together with the applicable registration fee. The standard government incorporation fee for a profit-making company is EC$1,200.
The Registrar examines the documents and, once the application is approved, issues a Certificate of Incorporation confirming the company's legal existence and registration number.
1—2 days
Tax registration
After incorporation, the company registers with Grenada's Inland Revenue Division to obtain a Taxpayer Identification Number, TIN.
The company can then access the G-TAX system to manage its applicable corporate income tax, VAT, and payroll tax obligations. Immigrant Invest helps coordinate tax registration and consultations with local specialists.
2+ weeks
Corporate bank account opening and operating approvals
Once the company is incorporated, Immigrant Invest can assist with coordinating the opening of a corporate bank account. Banks conduct independent compliance checks and may request additional information about ownership, business activities, and the origin of capital.
Depending on the company's activities, further steps may include obtaining sector-specific licences, securing work permits for foreign employees, and registering as an employer with the National Insurance Scheme.
The company can begin its intended operations once all applicable registrations, licences, and approvals have been obtained.
Which businesses qualify for investment incentives in Grenada
Grenada offers investment incentives to encourage business development in priority sectors. Eligible activities include:
- tourism and hospitality;
- agriculture and food processing;
- manufacturing;
- information technology;
- energy;
- education;
- healthcare;
- wellness services.
For example, businesses developing hotels and resorts, establishing food-processing factories, operating software development companies, or building renewable energy facilities may qualify for tax benefits[8]Source: Grenada Investment Promotion Agency — Investment Incentives Guide, pages 12—13. Approved projects may receive a 100% investment allowance on capital expenditure, customs duty exemptions on imported materials and equipment, and VAT suspension on eligible imports.
Foreign investors purchasing property for priority-sector projects may receive a 50% property transfer tax reduction, while larger projects exceeding EC$30 million may qualify for 75—100% waivers[9]Source: Grenada Investment Promotion Agency — Investment Incentives Guide, pages 6—11.
For comparison, Grenada's standard corporate income tax rate is 28%, while VAT is 15%, with a reduced 10% rate for tourism services. Non-citizens purchasing property pay a 10% property transfer tax[10]Source: Grenada Inland Revenue Division — Property Transfer Tax.
Why choose Immigrant Invest
Immigrant Invest holds a government-issued licence to work with Grenada's citizenship by investment programme, demonstrating our experience supporting international investors and working with legal structures in the country.
Our legal and compliance specialists help entrepreneurs prepare incorporation documents, verify regulatory requirements, and coordinate company registration with local professionals to minimise errors and delays.
We are a licensed agent
Your Immigrant Invest team
Our legal and migration specialists have in-depth knowledge of Grenada regulations and ensure the company registration is handled smoothly and efficiently.
Our clients’ reviews
Names and photos of investors have been changed to comply with non-disclosure agreements.