Saint Lucia
AI Agent Legal Status: undefined · Autonomy: low
Legal Framework
Saint Lucia has basic financial services regulation through the ECCB (Eastern Caribbean Central Bank) and local financial services authority. No specific AI or crypto legislation. English common law system. DCash (ECCB CBDC pilot) was tested but discontinued.
Key Laws & Regulations
- ◆International Business Companies Act
- ◆Electronic Transactions Act
- ◆ECCB regulations
Business Formation
IBCs and standard companies available under English common law. Registration through the Registry of Companies. Small but established corporate services sector. CBI program available.
Tax Implications
Corporate income tax at 30%. No capital gains tax. IBCs receive tax exemptions. CBI program available. EC dollar pegged to USD via ECCB.
Opportunities
IBC tax benefits. CBI program. English common law. OECS/CARICOM market access. Tourism-driven economy exploring digital services.
Highlights
English-speaking with common law system. IBC framework. No capital gains tax. CBI program. ECCB monetary stability.
Risks & Challenges
Very small market. Limited tech infrastructure. Hurricane vulnerability. Regulatory capacity constraints. DCash CBDC pilot discontinued.