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Grenada

At a glance

  • Capital

    Saint George's

  • Currency

    Eastern Caribbean Dollar (EC$, XCD)

  • Official Languages

    English (official language)

  • Population Size

    124,610 (2021)

  • Ease of doing business

    Moderate

  • VAT

    0.15

About

Known as the “Spice Island”, Grenada is famous for producing a large share of the world’s nutmeg, mace, cinnamon, ginger, and cloves. Beyond agriculture, Grenada has built a thriving tourism industry, attracting visitors with its lush green landscapes, pristine beaches, and vibrant culture. The capital, St. George’s, is a bustling hub of commerce and activity. English is the official language, while Grenadian Creole English and Grenadian Creole French are also widely spoken across the island.

For companies considering business expansion into Grenada, navigating employment regulations and payroll processes can be complex. Mauve supports organisations with tailored solutions, including Employer of Record (EOR) services, global payroll management, and salary benchmarking to ensure compliant and competitive hiring practices. Our expertise helps you employ staff without the need to set up a local entity, streamline payroll operations, and make data‑driven decisions on compensation.

With over 28 years of experience, Mauve Group simplifies your entry into Grenada and ensures your workforce is managed efficiently, leaving you free to focus on growth.