Incorporation of Company
Offshore Jurisdictions
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Nevis
Nevis offers offshore asset protection services and has its own offshore legislation that presents additional advantages for clients involved in international business activities. Nevis operates under a Common law legal system that is based on English law. It provides outstanding confidentiality and asset protection features as well as astable political environment and secure economy.
Advantages of Incorporating in Nevis
- Exemption from all local taxes and stamp duty
- Maximum confidentiality and anonymity
- Ease of operation, maintenance and control
- Asset security
- No disclosure or minimum capital requirements
- The minimum number of shareholders is one
- The minimum number of directors is one
- Corporate directors and shareholders are permitted
- Excellent and flexible post-incorporation follow-up services
- No statutory requirement to hold annual general meetings
| Principal Corporate Legislation: | The International BusinessThe Nevis Limited Liability Company Ordinance 1995, The Nevis Business Corporation Ordinance 1984 as amended. |
| Type of Law: | Common |
| Language of Legislation and Corporate Documents: | English |
| Type of Company for International Trade, Investment & Tax Planning: | Nevis Business Corporation
Nevis Limited Liability Company |
Nevis Business Corporation
Share Capital
Standard authorised share capital is US$100,000. Minimum paid up share capital is US$1.
Classes of Share Available
Registered shares, shares of no par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Permitted but must be kept in the Registered Office.
Restrictions on Trading
Cannot trade within the Federation of Saint Kitts and Nevis. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Nevis.
Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident. Corporate directors are permitted.
Shareholders
The minimum number of shareholders is one.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Disclosure of Beneficial Ownership to Authorities
No.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
East Caribbean Dollar (XCD).
Exchange Control
None.
Language of Name
English.
Name of a Company
The words "Limited", "Corporation", "Incorporated", "SocieteAnonyme", "SociedadAnonima" or Ltd, Corp., Inc., S.A. must be part of the name of every Nevis Business Corporation.
Restricted Words
Words such as "Assurance", "Bank", "Building Society", "Royal", "Trust Company", "Trustee Company" etc. will require justification.
Time to Incorporate
Five days.
Nevis LLC
Share Capital
Not applicable.
Classes of Share Available
Not applicable.
Restrictions on Trading
Cannot trade within the Federation of Saint Kitts and Nevis. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Nevis.
Managers
The minimum number of managers is one. Manager can be of any nationality and need not be resident. Corporate managers are permitted.
Members
The minimum number of members is one.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Disclosure of Beneficial Ownership to Authorities
No.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
East Caribbean Dollar (XCD).
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as "Assurance", "Bank", "Building Society", "Royal", "Trust Company", "Trustee Company" etc. will require justification.
Name of a Company
The words "Limited Liability Company" or "LLC" must be part of the name of every Nevis LLC.
Time to Incorporate
Five days.
Cost of Formation: Request a quotation
Services
Worldwide Incorporation Services provide the following services in Nevis:
- Nevis LLC Formation
- Registered Office and Agent Services
- Company Secretarial Services
- Nominee Shareholder/Nominee Director
- Opening of Bank Accounts
- Full Company Administration Services
- Mailing Address
- Trademark Registration
Please contact us for your free initial consultation.
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Please contact us for information about incorporation of companies in other offshore jurisdictions.
