Americas · Tax guide

St Vincent and the Grenadines

St Vincent and the Grenadines taxes company profits at 30% and charges VAT at 16%. Taxes are administered by the Inland Revenue Department.

Updated 2 October 2026 · 0 of 3 figures checked against official sources

Check your obligations

At a glance

Corporate income tax
30%

Resident companies

VAT
16%

Standard rate

Withholding on payments abroad
20%

Before treaty relief

Corporate income tax

Companies pay 30%. Quarterly instalments are paid, and the annual return is due by the end of April.

VAT

VAT is 16%. Returns are filed monthly by the 15th, with a lower rate for hotel accommodation.

Payments abroad

Payments to non-residents carry 20% withholding unless a treaty lowers it. As a member of the Eastern Caribbean Currency Union, it uses the Eastern Caribbean dollar, pegged to the US dollar.

Key dates

  • By the 20th of each monthVAT return
  • QuarterlyIncome tax instalments
  • End of AprilAnnual income tax return

Figures and sources

3 figures
  • Corporate income tax rate30%
    Income Tax Act
    Under professional review
  • VAT rate16%
    VAT Act
    Under professional review
  • Withholding on payments to non-residents20%
    Income Tax Act
    Under professional review

Indicative only. This assessment is a high-level overview of tax obligations in St Vincent and the Grenadines based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in St Vincent and the Grenadines (a tax adviser in St Vincent and the Grenadines) before making compliance decisions.