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Investment and business structuring law in Grenada covers how individuals and entities form, own, and reorganize businesses within the island state. It includes corporate formation, governance, cross-border transactions, and programs that facilitate investment from residents and foreign entrepreneurs. The framework also intersects with Grenada’s citizenship by investment (CIP) program and local tax and regulatory regimes.
Grenada operates under English common law traditions, with key statutes administered by the government and its regulators. Lawyers in Grenada help clients navigate company formation, compliance, and complex transactions to align with local requirements. Understanding local rules reduces risk in mergers, acquisitions, real estate investments, and cross-border ventures.
For residents and investors, working with a Grenada-licensed attorney ensures accurate due diligence, proper corporate structure, and timely regulatory filings. This guide highlights how the law works in practice and what to expect when seeking legal advice in Grenada.
The Citizenship by Investment Act provides the legal framework for Grenada's CIP. It governs eligibility, due diligence, investment options, and the grant of citizenship to qualifying applicants. Recent discussions and amendments have strengthened due diligence and transparency in the program. For official program details, see the government portal and Invest Grenada resources.
The Grenada Citizenship by Investment Programme includes robust due diligence to ensure the integrity of applicants and their funds.
Source: Invest Grenada
The Companies Act governs incorporation, structure, and governance of Grenadian companies. It sets requirements for directors, shareholding, annual returns, and corporate records. Recent practice trends emphasize clearer corporate governance and timely filings to improve business transparency.
The Income Tax Act sets the framework for corporate and personal taxation for Grenadian residents and entities. It includes rates, filing deadlines, and compliance requirements for businesses operating on the island. Tax compliance is a key consideration in structuring investments and cross-border arrangements.
For tax administration and related guidance, see the Grenada Revenue Authority’s resources.
An attorney guides form and structure, handles due diligence, drafts key documents, and ensures compliance with Grenada laws for incorporation, citizenship programs, and cross-border investments.
Prepare required documents, choose a company type, appoint directors, file with the Companies Register, and complete annual filing and reporting obligations.
No, you can structure investments without CIP. CIP is an optional program offering citizenship for qualifying investments and due diligence requirements.
Processing times vary by due diligence and completeness of documents, typically several months. Official timelines are published by Invest Grenada and updated periodically.
Costs include government filing fees, local service provider fees, and legal costs. Concrete figures depend on entity type, complexity, and service scope.
Yes, Grenadian law often requires a local registered agent or service provider for corporate registrations and ongoing compliance.
Diligence checks examine identity, background, source of funds, and investment legitimacy. Checks are performed by government-approved agencies before approval.
A Grenada company is a standard local corporate entity subject to Grenada corporate laws, while an IBC structure is often used for international business activities with specific regulatory considerations.
Yes, you can restructure through share transfers, mergers, or reorganizing governance. Legal counsel helps navigate regulatory approvals and filings.
Engaging a lawyer or tax advisor helps ensure legal compliance, optimal entity placement, and alignment with Grenada tax laws and treaties.
Foreigners may own property subject to zoning, land ownership rules, and transfer taxes. A lawyer clarifies restrictions and negotiates conveyancing terms.
Lawzana helps you find the best lawyers and law firms in Grenada through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Investment & Business Structuring, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
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