SVG Tax Return Filing — Stay Compliant with St. Vincent's Inland Revenue
Every Business Company in St. Vincent and the Grenadines is required to submit an annual tax return to the Inland Revenue Department. Our team takes care of the entire preparation and submission process, ensuring your filings are accurate and delivered on time.
Understanding Tax Return Filing in SVG
Every Business Company registered in St. Vincent and the Grenadines is obligated to submit an annual tax return to the Inland Revenue Department (IRD). This requirement applies to all BCs — including those with no taxable income within the jurisdiction — and must be completed within three months of the company's financial year-end.
The tax return captures details of the company's income, expenses, and overall financial activity for the reporting period. Each entity is required to lodge its return on an individual basis; consolidated group filings are not permitted under SVG law.
This obligation was introduced as part of the 2019 amendments to the SVG Business Companies (Amendment and Consolidation) Act, aligning the jurisdiction with international standards on fiscal transparency and tax reporting.
What You Need to Provide
Revenue & Expenses
Entity Identification
Financial Year Dates
Underlying Records
Offshore BCs are generally not subject to SVG taxation on foreign-sourced income, but the filing obligation still applies. A TIN must be obtained from the IRD prior to submission.
Who Is Exempt?
Limited Liability Companies
Companies in Liquidation
All active Business Companies must file — including dormant BCs and those with zero taxable income. There is no exemption based on revenue size or activity level.
Consequences of Late Filing
Monthly late fee
A penalty of XCD $250 is imposed for each month (or part thereof) that the return remains overdueAccumulating liability
Penalties continue to accrue on a monthly basis until the return is submitted to the IRDGood Standing impact
Non-compliant companies may be unable to obtain a Certificate of Good Standing from the FSAPotential strike-off
Prolonged non-compliance may lead to the company being struck off the register and dissolvedTimely filing is essential even when no tax is payable. The IRD enforces compliance strictly and penalties can accumulate quickly.
Tax Return Filing Deadline
The return must reach the Inland Revenue Department no later than 3 months after the close of your company's financial year.
| Financial Year (Example) | Filing Window | Deadline | Recurring Deadline |
|---|---|---|---|
| 1st January 2024 to 31st December 2024 | 1st January 2025 to 31st March 2025 | 31st March 2025 | 31st March |
| 1st July 2023 to 30th June 2024 | 1st July 2024 to 30th September 2024 | 30th September 2024 | 30th September |
Your SVG Tax Return, Taken Care Of
We handle the full tax return cycle for your St. Vincent Business Company — from gathering financial data to lodging the return with the Inland Revenue Department on time.
Bundled with Compliance
Tax return filing is part of your annual compliance package — there are no separate fees or additional charges to worry about.
SVG Regulatory Knowledge
Our team understands the IRD's requirements and ensures every return is prepared in accordance with SVG's tax framework.
Single Point of Contact
A dedicated relationship manager coordinates your filing and is available to answer questions throughout the process.
Advance Deadline Alerts
We notify you well before the 3-month filing window closes, so there's never a last-minute scramble.
Efficient Turnaround
Once your financial details are in hand, we prepare and submit the return promptly — no unnecessary delays.
Tax Filing, Handled End to End
From data collection through to IRD submission, every step of your SVG tax return is managed for you.
Tax Return Filing at No Extra Cost
Your SVG tax return filing is bundled into the compliance package. Mandatory filings shouldn't come with surprise invoices.
For Existing Customers
For Company Transfers
What's Covered
Full tax return preparation and review
Submission to the Inland Revenue Department
Filing confirmation and compliance records
Dedicated relationship manager
Deadline tracking and advance reminders
How Your SVG Tax Return Gets Filed
A straightforward four-step process from start to submission with the Inland Revenue Department.
Kick Off the Filing
Reach out to begin your tax return filing. We verify your company details, confirm the financial year-end date, and outline exactly what documentation we'll need from you.
Gather Financial Information
Provide your income and expense records, bank statements, and any supporting documents for the reporting period. If you use our accounting services, we'll already have much of this on file.
Prepare & Submit to IRD
We compile the return using the information provided, ensure everything aligns with IRD requirements, and lodge the completed tax return with the Inland Revenue Department on your behalf.
Receive Your Confirmation
Once the IRD accepts your submission, we send you a filing confirmation for your records — serving as proof that your company's tax return obligation has been fulfilled.
Get Your SVG Tax Return Filed on Time
We prepare and submit your tax return to the Inland Revenue Department — accurately and within deadline.
Frequently Asked Questions
Common questions about SVG tax return filing for Business Companies.
For Expanship-managed SVG companies, tax return filing is included in the compliance package at no additional cost. If you are transferring a company to Expanship that has overdue tax returns, a fee of US$225 per outstanding return applies.
The return must be filed with the IRD within 3 months of your company's financial year-end. For example, if your financial year ends on 31st December, the filing deadline is 31st March of the following year.
Offshore Business Companies are generally not subject to SVG taxation on income earned outside the jurisdiction. However, the tax return must still be filed with the IRD regardless — it is the filing obligation, not the tax liability, that is mandatory.
No. SVG does not permit consolidated tax returns. Each Business Company must lodge its own individual return with the IRD, even if it is part of a corporate group.
Late filings attract a penalty of XCD $250 per month (or part thereof) that the return remains overdue. Continued non-compliance can affect your ability to obtain a Certificate of Good Standing and may ultimately lead to the company being struck off the register.
You'll need to share income and expense details, bank statements, and any relevant contracts or invoices for the financial year. We use this information to prepare and file your return accurately.
Yes, every SVG Business Company must obtain a TIN from the Inland Revenue Department before filing its tax return. If your company doesn't have one yet, we can guide you through the registration process.
Yes. Tax returns are submitted directly to the IRD and are not publicly disclosed. We maintain strict confidentiality throughout the preparation and filing process.
Absolutely. After the IRD accepts the submission, we provide you with a filing confirmation document as proof that your company's tax return obligation has been met for the period.
Questions About Your SVG Tax Return?
Whether you need clarity on IRD requirements, filing deadlines, or how our tax return service works — our team is ready to help.
