Practice Areas:

Litigation Elizabeth Law Chambers has long been established as one of the leading litigation practices in St. Vincent and the Grenadines

Corporate/Commercial Law Our corporate and commercial practice advises clients on a complete range of business law matters.

Taxation We advise on the formation of investment and other tax efficient asset settlement structures in the International Financial Services Sector.

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Cosmos Trust Ltd & St. Vincent Offshore Finance


Cosmos Trust Limited was established in 1997 primarily to meet the needs of Elizabeth Law Chambers’ International Financial Service clientele. We have been providing our clients with services in most areas of International Finance since 1979 but upon the inception of the Registered Agent and Trustee Licensing Act of 1996 it became necessary for practitioners who provide ''offshore representation'' to be granted a license in order to act as Registered Agent/Registered Trustee Financial Fiduciary and/or Private Trustee. Cosmos Trust Limited is the embodiment of nearly 40 years of expertise in the offshore finance sector in St. Vincent and the Grenadines. We offer a reliable, confidential and professional service to all of our clients.


During his time as a member of parliament Stanley K. John utilized his legal expertise in directly participating in the debate and drafting of many of the laws which govern the International Financial Services sector in St. Vincent and the Grenadines. His insights and experience were transferred into private practice and years of reliable and confidential service in the Offshore Finance Sector culminated in the formation of Cosmos Trust Limited. St. Vincent and the Grenadines was introduced to the international financial services sector by Swiss lawyers in 1976. Three years later the country gained independence from Britain and embarked on the process of nation building. It soon became a priority of the government to move this sector into the forefront of the national economy. Beginning in 1996 the International Finance legislation was overhauled and a suite of laws (which is constantly being revised) was introduced. The laws provide the basis for the formation of the following entities:


The international entities registered in St. Vincent and the Grenadines are not subject to taxation. Favorable tax laws are common also in the domestic economy, where there is no capital gains tax, no inheritance tax, no tax on dividends and corporate tax ranges from 10 – 35%. St. Vincent and the Grenadines has a small, carefully vetted and properly regulated international private banking sector. At present there are only six banks licensed to conduct international banking business. Cosmos Trust Limited has and continues to advise both banks and individuals seeking legal advice or referrals. The credibility of the International Financial Services Sector here has been bolstered by the implementation of the anti-money laundering regime following the results of substantive legislative and administrative review over the past two years. This regime is on a par with the highest international standards. The FATF have recognized the substantial progress made by St. Vincent and the Grenadines in this regard.

 

Contact Cosmos Trust Limited

78 Halifax Street (3rd Floor)

P.O Box 726, Kingstown

St. Vincent & the Grenadines.

Phone: +1 (784) 456-2653

Fax: +1 (784) 456-2653

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 


(Excerpts from www.stvincentoffshore.com)