Business Ventures
Virgin Islands Business Opportunities
Whether you open a business in the Virgin Islands to serve and supply the local population or to service visitors in areas like shops, hotels, restaurants or activities; if you do the appropriate research and planning you can enjoy living in the Virgin Islands and running your own business. Here you will find some information on licensing, professional board exams and tax incentives that are pertinent to business ownership in the Virgin Islands.
Virgin Islands Business License
Business licenses are required to operate a business in the Virgin Islands . Licenses are applied for and acquired from the Virgin Islands’ Department of Licensing and Consumer Affairs.
In addition to the completed application form for a license, business owners must also submit:
- Certificate of Trade Names/Corporation Registration:
All businesses except non-dba sole proprietorships must show proof of trade name and/or corporate registration with the Virgin Islands Lt. Governor’s Office. Contact the Lt. Governor’s Office for fees and details. On St. Thomas (340)776-8515 and on St. Croix (340) 773-6449 - Tax Clearance Letter:
All applicants must submit a tax clearance letter showing good standing with the U.S.Virgin Islands Bureau of Internal Revenue. The new and renewal license forms have this form integrated into them. For more information contact: St. Thomas (340)774-5865 and St. Croix (340)773-1040. - Police Records Check:
All applicants must submit a U.S.Virgin Islands Police Department Records Check. This review will be conducted on the applicant’s behalf by the DLCA Division of Licensing upon submission of application for business license. For more information contact: St. Thomas (340)774-2211 and St. Croix (340)778-2211 - Other necessary documents might include:
- Business Location Recommendations
- U.S.Virgin Islands Fire Department fire code compliance form
- For Food Oriented Business; an inspection by the Department of Health is necessary to insure compliance with regulations.
Note: The following professionals require board certification to practice in the Virgin Islands:
- Architects, Engineers, and Land Surveyors
- Barbers, Beauticians and Manicurists
- Construction Contractors
- Electricians
- Plumbers
- Public Accountancy
- Real Estate Appraisers
- Real Estate Commissioners
- Social Workers
Exams are administered by the pertinent professional board at the Department of Licensing and Consumer Affairs. Health Care professions also require licensing, however they must do so through the Department of Health.
This section provided by the U.S.Virgin Islands Department of Licensing & Consumer Affairs.