Business in SVG
Business Centre
Kingstown is the main financial and business centre where you will find the head offices of local, regional and international companies.
Banking
Among the thriving domestic financial sector of banks, credit unions and building societies in St. Vincent and Grenadines, coexist the international finance sector. ATM machines are available at most banks.
The official currency is the Eastern Caribbean (EC) dollar which is linked to the US dollar. The exchange rate will vary slightly depending on whether cash or traveler’s cheques are involved, and whether you convert them at a bank or business establishment such as a hotel or restaurant.
Normal banking hours are Monday through Thursday 8:00 am until 2:00 pm and Friday 8:00 am until 5:00 pm.
Communications
There are currently three telecommunication providers in St. Vincent and the Grenadines:
- LIME (formerly Cable and Wireless) offers fixed line, mobile (GSM, GPRS) and broadband internet services: Website www.time4lime.com
- Digicel offers mobile (GSM, GPRS, EDGE) service: Website www.digicelsvg.com
- Karib Cable offers fixed line, internet and Cable TV services: Website www.karibcable.com
The telecommunication sector is regulated by the National Telecommunications Regulatory Commission (NTRC): Website www.ntrc.vc
Investing
Information on Investing in SVG can be obtained from the following website: www.investsvg.com
Land Purchase And Lease Holding
Aliens Land Holding Regulations.doc
Work Permit And Residency
Legal
Company Registration
Commerce and Intellectual Property Office: http://www.gov.vc/govt/cipo/index.asp
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