Grenada
AI Agent Legal Status: undefined · Autonomy: none
Legal Framework
Grenada has minimal digital or technology-specific regulation. Financial services regulated by GARFIN (Grenada Authority for the Regulation of Financial Institutions) and the ECCB. No AI or crypto legislation. English common law system.
Key Laws & Regulations
- ◆International Companies Act
- ◆Electronic Transactions Act
- ◆GARFIN regulatory framework
Business Formation
International companies and standard Ltd structures. CBI program available and popular. English common law. Limited corporate services infrastructure compared to larger Caribbean jurisdictions.
Tax Implications
Corporate income tax at 28%. No capital gains tax. International companies receive tax exemptions. CBI program. EC dollar pegged to USD.
Opportunities
CBI program attracting investment. Tax benefits for international companies. English common law system. CARICOM market access.
Highlights
CBI program. No capital gains tax. English common law. ECCB monetary stability.
Risks & Challenges
Very small market (113K population). Limited infrastructure. Hurricane vulnerability. Minimal tech ecosystem. Limited regulatory capacity.