Overview
| Field | Value |
|---|---|
| Region | Latin America |
| ISO 3166-1 | GD / GRD |
| Registry | Corporate Affairs and Intellectual Property Office (CAIPO) |
| Last updated | 2026-06-10 |
Identifiers
Collect two identifiers from each business customer in Grenada and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | Tax Identification Number (TIN) | Inland Revenue Division (IRD) |
businessInfo.businessEntityId | Company Registration Number | Corporate Affairs and Intellectual Property Office (CAIPO) |
Sector regulators
ECCB (Eastern Caribbean Central Bank) — banking and licensed financial institutions · GARFIN (Grenada Authority for the Regulation of Financial Institutions) — non-bank financial institutions, insurance, MSBs, VASPs, credit unions · GFRC (Grenada Financial Regulatory Commission) — company and trust service providers, charitable trusts · ECSRC (Eastern Caribbean Securities Regulatory Commission) — securities dealers and broker-dealers · FIU (Financial Intelligence Unit Grenada) — AML/CFT compliance
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Private Company Limited by Shares | Ltd. | Incorporated under the Companies Act Cap. 58A (Act No. 35 of 1994); shares are not freely transferable and the company may not offer shares to the public; maximum 50 shareholders; the default SME and domestic operating vehicle. Requires at least one director and one shareholder (who may be the same person); no minimum share capital. Equivalent to a US LLC. |
| Public Company Limited by Shares | Plc | Incorporated under the Companies Act Cap. 58A; shares may be offered to the public; minimum seven shareholders; subject to enhanced governance, audit, and public disclosure obligations. May be listed on the Eastern Caribbean Securities Exchange. Closest US equivalent: C-Corp. |
| Company Limited by Guarantee | — | Incorporated under the Companies Act Cap. 58A; no share capital; members guarantee a nominal sum on winding up; used for charities, NGOs, professional associations, schools, and religious bodies. Closest US equivalent: Nonprofit Corporation. |
| International Business Company (legacy) | IBC | REPEALED. Formerly incorporated under the International Companies Act Cap. 152 (2002). The IBC regime was abolished by parliament in December 2018; existing IBCs had until 31 December 2021 to wind up or migrate to domestic company status under Companies Act Cap. 58A. As of 1 January 2022 no new IBCs can be formed and no preferential tax treatment applies. Conduit may still encounter legacy IBC documentation for companies incorporated before the repeal. Closest US equivalent: C-Corp. |
| Unlimited Company | — | Incorporated under the Companies Act Cap. 58A; members have unlimited personal liability for all company debts. Rare in practice; used where unlimited liability is commercially acceptable. Closest US equivalent: General Partnership (in terms of unlimited liability, though it is a distinct corporate form). |
| General Partnership | — | Two or more persons carrying on business together with unlimited joint and several liability; registered under the Registration of Business Names Act Cap. 281 (amended Act No. 5 of 2012). Partners are personally liable for all partnership debts. Closest US equivalent: General Partnership (GP). |
| Limited Partnership | LP | One or more general partners with unlimited liability and one or more limited partners whose liability is capped at their capital contribution; registered with CAIPO. Limited partners may not participate in management without losing liability protection. Closest US equivalent: Limited Partnership (LP). |
| Sole Proprietorship | — | A single natural person carrying on business on their own account; no separate legal entity; unlimited personal liability. Must register a trading/business name with CAIPO under the Registration of Business Names Act Cap. 281 within 14 days of commencing operations if using a name other than the owner’s own name. Must register with the IRD within one year of commencing operations. Equivalent to a US Sole Proprietorship. |
| Branch of a Foreign Company | — | A foreign corporation registered to conduct business in Grenada under Part XIX of the Companies Act Cap. 58A; must appoint a local registered agent and maintain a registered office; not a separate legal entity — the foreign parent remains fully liable. Must file certified constitutional documents from its home jurisdiction with CAIPO. Closest US equivalent: Foreign Corporation Branch. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | Certificate of Incorporation (optional: IBC Certificate of Incorporation) |
| Constitutive Documents | Memorandum and Articles of Association |
| Tax Registration | Any one of: TIN Registration Certificate · VAT Registration Certificate |
| Ownership Records | Register of Members |
| Governance Records | Register of Directors |
| Signing Authority | Any one of: Board Resolution · Power of Attorney |
| Address | Any one of: Lease Agreement · Utility Bill · Bank Statement |
| Good Standing | Certificate of Good Standing |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Certificate of Incorporation | Legal Registration |
| International Business Company Certificate of Incorporation (legacy, pre-2022) | Legal Registration |
| Memorandum and Articles of Association | Constitutive Documents |
| TIN Registration Certificate | Tax Registration |
| VAT Registration Certificate | Tax Registration |
| Register of Members | Ownership Records |
| Register of Directors | Governance Records |
| Board Resolution | Signing Authority |
| Power of Attorney | Signing Authority |
| Lease Agreement | Address |
| Utility Bill (≤90 days old) | Address |
| Bank Statement (≤90 days old) | Address |
| Certificate of Good Standing | Good Standing |
| Sector-Specific License | Eastern Caribbean Central Bank Banking Licence, Grenada Authority for the Regulation of Financial Institutions Licence, Grenada Financial Regulatory Commission Licence, Eastern Caribbean Securities Regulatory Commission Broker-Dealer Licence |
Collection notes
- Legal Registration: Issued by CAIPO under the Companies Act Cap. 58A. Contains company name, registration number, date of incorporation, and type of company. CAIPO is located at Mt. Wheldale Gap, Upper Lucas Street, St. George’s, Grenada. Extracts from CAIPO are available through the registry or via commercial document retrieval agents; the registry is not fully public or online-searchable. Processing typically 1–2 weeks. Documents can be apostilled by the Ministry of Foreign Affairs and International Trade (Grenada is a Hague Apostille Convention member since 7 February 1974). Note: legacy IBC Certificates of Incorporation issued under the now-repealed International Companies Act Cap. 152 may still be presented for companies incorporated before 31 December 2021; these are accepted as a collect-if-available artifact for historical applicants.
- Constitutive Documents: Filed with CAIPO at incorporation under the Companies Act Cap. 58A; constitutive document setting out company name, objects, share capital structure, and governance rules.
- Tax Registration: TIN issued by the IRD upon registration; mandatory for all businesses within one year of commencing operations. VAT registration certificate issued where annual taxable supplies exceed XCD 300,000 (EC$300,000); displays a VAT-specific number derived from the TIN. Businesses must display the VAT registration certificate prominently. Registration is now managed via the G-TAX digital system (tax.gov.gd). Corporate income tax rate: 30% for domestic companies. The IBC (International Business Company) regime was repealed effective 31 December 2021; no IBC category remains active and the former foreign-income exemption has no current application.
- Sector-Specific License: Banking and deposit-taking: licensed by the Eastern Caribbean Central Bank (ECCB) under the Banking Act 2015 (EC-wide); minimum capital EC$20 million; the ECCB is also the AML/CFT supervisor for licensed financial institutions in Grenada. Non-bank financial institutions (insurance, credit unions, money services businesses, building societies, virtual asset service providers, pensions, international trusts, company management): licensed by GARFIN (Grenada Authority for the Regulation of Financial Institutions). Company service providers and general company/trust service providers: licensed by the GFRC (Grenada Financial Regulatory Commission) under the Company and Trust Services Providers Act. Securities dealers and broker-dealers: licensed by the ECSRC (Eastern Caribbean Securities Regulatory Commission) under the Securities Act 2001. Payment service providers: governed by the Payment System and Services Act 2025.
- Governance Records: Maintained by the company and filed with CAIPO under the Companies Act Cap. 58A; directors appear in CAIPO records. Changes to directors must be notified to CAIPO.
- Signing Authority: Board resolution authorising a signatory, or a notarised/sworn power of attorney. No statutory form prescribed — company letterhead resolution is standard practice. POA executed in Grenada may be sworn before a justice of the peace or notary public; foreign-executed POA should be apostilled via the Ministry of Foreign Affairs and International Trade (Grenada is a Hague Apostille Convention member since 1974).
- Address: Lease agreement (no time restriction) OR utility bill OR bank statement dated within 90 days. Must show the business address or registered office address. The same document satisfies both registered-address and operating-address checks.
- Good Standing: Issued by CAIPO confirming that the company is legally registered, active, and in compliance with its filing requirements under the Companies Act Cap. 58A (or International Companies Act Cap. 152 for IBCs). Confirms the company has not been struck off, dissolved, or wound up. Requested directly from CAIPO at Mt. Wheldale Gap, Upper Lucas Street, St. George’s, Grenada (Tel: +1 473 440-2030; email: registrar@caipo.gov.gd). Can be apostilled by the Ministry of Foreign Affairs and International Trade.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Director | CONTROLLING_PERSON | Appointed officer with day-to-day executive and fiduciary authority; named in the Register of Directors filed with CAIPO under Companies Act Cap. 58A. |
| Company Secretary | CONTROLLING_PERSON | Corporate officer responsible for statutory compliance and filings; mandatory for all companies under Companies Act Cap. 58A; may be an individual or a corporate entity. |
| Attorney / Power of Attorney Holder | LEGAL_REPRESENTATIVE | Authorised via board resolution or notarised power of attorney to act and sign on behalf of the company; no statutory form prescribed. |
Notes
- CAIPO is the trade name for Grenada’s company registry. Formal correspondence is addressed to the Registrar of Companies, Corporate Affairs and Intellectual Property Office, Mt. Wheldale Gap, Upper Lucas Street, St. George’s, Grenada. The registry is not fully online-searchable; document retrieval typically requires in-person or agent-assisted requests. CAIPO email: registrar@caipo.gov.gd; Tel: +1 (473) 440-2030.
- Grenada’s IBC regime (International Companies Act Cap. 152) was abolished in December 2018 and fully wound down by 31 December 2021; no new IBCs can be formed. Legacy IBC certificates may still appear for companies incorporated before the repeal — these migrated to domestic company status under Companies Act Cap. 58A or were dissolved. All new company registrations in Grenada are under Companies Act Cap. 58A. The GFRC (gfrc.cc) continues to maintain a registry of legacy transitional entities and regulates company and trust service providers.
- Grenada is a member of the Eastern Caribbean Currency Union (ECCU); the Eastern Caribbean dollar (XCD) is the local currency, pegged at XCD 2.70 = USD 1. The ECCB is the regional central bank and primary banking supervisor for Grenada.
- Grenada acceded to the Hague Apostille Convention on 7 February 1974. Documents can be apostilled by the Ministry of Foreign Affairs and International Trade. Corporate documents (Certificates of Incorporation, Certificates of Good Standing, Memoranda and Articles) are routinely apostilled for international use.
- For legacy IBC applicants (entities incorporated before 31 December 2021 under the repealed International Companies Act Cap. 152), collect any available IBC Certificate of Incorporation as a supplementary artifact. Such entities will now also have a domestic registration number under Companies Act Cap. 58A following mandatory migration.
- VAT registration (threshold XCD 300,000/year) is mandatory for businesses meeting the threshold; the VAT registration certificate displays a TIN-derived VAT number. Corporate income tax rate is 30% for domestic companies. The IBC foreign-income tax exemption ceased to apply effective 31 December 2021 when the International Companies Act Cap. 152 was fully wound down; all former IBCs are now either dissolved or re-registered as domestic companies under Companies Act Cap. 58A subject to standard corporate income tax.