Revised Laws of Saint Lucia (2021)

18.   Free zone regulatory regime

  1.  

    (1)   A person shall not be allowed to ordinarily reside within a free zone except with the written permission of the Board.

  1.  

    (2)   An exclusive franchise to sell any particular good or service shall not be granted within a free zone.

  1.  

    (3)   Restrictions shall not be placed on the transfer of investment of a free zone business within a free zone and a free zone business shall not be restricted to investing in any other free zone business in its purchase of stocks or bonds.

  1.  

    (4)   The sale of stocks and bonds of any free zone business shall be registered at the Registry responsible for the registration of companies and the FZMA shall be furnished with a certified copy of the company certificate and articles or memorandum of association.