Launch your business in the beautiful and thriving economy of Grenada with Enterworld. Our experts at Enterworld have more than 10 years of proven experience and 99% success rate in 500+ effortless company registration in Grenada.
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EEnterworld offers a simplified and straightforward process for Grenada company registration.
2 to 5 Days
Company Registration
No
Travel Required
100%
Foreign Ownership
Yes
Local Agent?
SPecial offer
Set up a business in Grenada as an International Business Company (IBC) is a business entity that can either be a company, corporation, or a partnership, depending on the members’ wishes. In an IBC, all foreigners can be 100% owned by foreigners. It is one of the most preferred business entities for company registration in Grenada. A limited liability company in Grenada is a business entity that requires a minimum of one director or shareholder, with no restriction on nationality. It is also mandatory to appoint a registered agent and register a physical office space within Grenada. An LLC in Grenada is an ideal and common business entity for international investors and startups. The advantage of an LLC is limited liability protection, simplified setup and no minimum share capital. A private limited company is a business entity in Grenada that is ideal for small and medium-sized businesses. This legal structure offers limited liability, allowing you to protect your personal assets. For a PLC, you will need at least one and a maximum of fifty shareholders. A corporate income tax for a private limited company is 28% and is governed by the Grenada Companies Act and requires registration for TIN. A public limited company structure in Grenada allows businesses to offer shares to the public for investment. It is also subject to more stringent compliance requirements, regulations and reporting rules. A public limited company is governed by Grenada's Companies Act. You will also need at least seven stakeholders to establish an PLC, and the incorporation documents must have details on classes of stocks for transparency. Individual business owners in Grenada can register the company as a sole proprietorship. This business entity is the simplest form that allows the owner to have full control and management over business operations. However, in a sole proprietorship, you will have unlimited liability and will have to register your business name with CAIPO. You will also have to register for tax with the Grenada Inland Revenue Division (IRD). Company registration in Grenada for foreigners can be done through a branch office business entity. This legal structure requires registering a foreign company as a branch office with the Corporate Affairs and Intellectual Property Office (CAIPO). It is not a separate legal entity, but an extension of the existing parent company. The financial records and business activities of a branch office are the responsibility of the parent company. Grenada is an attractive destination for numerous reasons, one of which is its global access to major shipping links, attracting business enthusiasts for company registration in Grenada: Grenada has a diversified and open economy with various opportunities in agriculture, international services and finance. Including tourism, ICT and hospitality. Eligible businesses in Grenada will get tax holidays and exemptions on corporate tax, customs duties and VAT. Approved investments in a few sectors like tourism, hospitality and ICT. Grenada is located in a strategic location with global access, allowing smooth international trade with major markets of the world, such as Europe, South America and North America. Company formation in Grenada offers numerous benefits with flexibility for foreign ownership and simplified company registration processes. The country is ideal for various business activities and gets excellent support from the government. The other key benefits include: +1k Customers Grenada has significantly improved its infrastructural facilities, including access to high-speed internet, international connectivity, well-connected inland networks with port facilities and excellent shipping links. It is one of the benefits of company formation in Grenada. The country is an excellent destination for foreign investors as it offers tax incentives to the emerging sectors in Grenada. Specific business sectors will also get tax exemptions and reduced VAT rates. It is one of the merits of company registration in Grenada. Grenada has well-established memberships, such as the EU- CARIFORUM, CARICOM and WTO, including partnerships with major countries of the world, like the United Kingdom, the EU and the other Caribbean countries. Grenada is located in the Caribbean region with a prime location for international trade. The country also provides an excellent logistics and communication network due to its geographical location. It is one of the significant merits of company formation in Grenada. The country is well-known for its political and economic stability, which offers a predictable economic environment. These factors encourage and attract entrepreneurs to establish a business in Grenada. Grenadian legal entities do not require minimum capital deposits for company registration. This allows entrepreneurs start their business with nominal funds and set their own capital structure, reducing the burden. Grenada has a strong legal framework with a high level of confidentiality for company founders and owners. Sensitive information about the owners is not publicly disclosed, offering asset protection and privacy. Online company registration in Grenada is a streamlined process completed through the online registry of the Corporate Affairs and Intellectual Property Office (CAIPO). As the process is online, it is quick and easy.
Empowering Entrepreneurs like You
Company Incorporation in Grenada
International Business Company (IBC)
Limited Liability Company
Private Limited Company
Public Limited Company
Sole Proprietorship
Foreign Company
Business Setup in Grenada
Why is Company Registration in Grenada a Top Choice for Entrepreneurs?
Open Economy
Tax Holidays and Exemptions
Global Access
What are the Benefits of Company Formation in Grenada?
Improved Infrastructural Facilities
Tax Incentives
Countries Membership
Promising Location
Political and Economic Stability
No Minimum Capital Requirements
Strong Legal Framework
Quick Company Registration
Documents Needed
What are the Key Documents for Company Registration in Grenada for Foreigners?
Grenada Business Setup
Profitable Ideas for Company Incorporation in Grenada
Tourism and Hospitality
Agribusiness
Food Processing
Technology (ICT)
Renewable Energy
Health and Wellness
Real Estate
Manufacturing
Fabrication and Textiles
Frequently Asked Questions on Business Setup in Grenada
The process to register a company in Grenada is as follows:
No, Grenada is not considered a tax haven. It does offer a few tax benefits, such as no capital gains tax, wealth tax or inheritance tax. Grenada also has a territorial tax system, where only your income earned within the country is taxed.
The time taken for company registration in Grenada will vary, but it usually takes between 2 and 5 business days. The core registration process is quick; however, the other processes add to the timeline.
All the companies in Grenada are subject to a corporate income tax of 28% on their taxable profits. Additionally, it has a 15% withholding tax on dividends, royalties and interest paid to non-residents.
The ongoing compliance requirements for company registration in Grenada are mentioned below-
Yes, foreigners in Grenada are allowed to have 100% ownership. The country actively supports Foreign Direct Investment (FDI) and does not impose any restrictions on ownership and control.
Grenada company registration in one of the special economic parks offers many benefits, ranging from tax breaks to easy access to international markets. The special economic parks of Grenada include:
The common mistakes to avoid during a business setup in Grenada include:
The corporate income tax in Grenada is a standard rate of 28%. The rate is applied to the net income of the resident companies. Some sectors in the country have different income tax rates, such as 10% for diving and hotel companies and 20% for mobile operators.
In 2026, the Grenadian corporate law introduced legislative and regulatory updates that will impact the company registration, formation, and compliance. The updated law streamlines the company registration process and includes stringent laws on compliance and reporting obligations. The overall changes will help improve corporate governance and compliance.
The major traditional banks in Grenada commonly used for business include:
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