Nevis Company - Corporate Environment Summary

Nevis is a small island in the Caribbean Sea that forms part of the inner arc of the Leeward Islands chain of the West Indies.
Saint Kitts and Nevis Wealth Management

Nevis is a small island in the Caribbean Sea that forms part of the inner arc of the Leeward Islands chain of the West Indies. It is located near the northern end of the Lesser Antilles archipelago, about 350 km east-southeast of Puerto Rico and 80 km west of Antigua. Its area is 93 km² and capital is Charlestown.

Nevis IBC, is a limited liability company which conducts its trading and business outside the Nevis and is intended for offshore activities. It takes up to 2 days to incorporate a company in the Nevis.

The Directors of the company may be of any nationality and may reside anywhere. At least one director is required and there is no requirement to appoint a local resident director.

The Shareholders of the company may be of any nationality and may reside anywhere. At least one shareholder is required, this can be the same person as the director. There is no upper limit to the number of shareholders and a shareholder can be a person or a corporation

The standard share capital of a Nevis IBC is $1,000 USD. However, only one share of the share capital must be issued and paid up. Your company's share capital can be issued in any currency.

Company Secretary / Registered Office / Registered Agent 

The company must have a registered agent and registered office in Nevis. There is no requirement for local secretary.

Privacy

The details of shareholders and Directors do not appear on public record.

Company Records

The company must maintain accounting records, however it does not have to keep records in the Nevis and there is no requirement to file accounts or a financial statement. There is no requirement for having audited accounts or a corporate tax return.

Corporation and other taxes

There are no corporate taxes for a Nevis IBC, except for annual government levy of USD$250 for standard share capital.

Why use a Nevis Company

The modern offshore legislation provides maximum flexibility in global asset protection and privacy protection.

Nevis offshore companies are commonly used for

  • Holder of bank accounts, fixed deposits, investment plans and any other financial or commercial title;
  • Owner of the shares of other companies or legal entities;
  • Owner of real estate and any other movable or immovable property or goods;
  • Manager and promoter of international business transactions;
  • International leasing of aircraft, vehicles, machinery and others;
  • Borrowing or lending money, paying or receiving commissions, royalties or others;
  • Marketing and promotion of products and services;
  • Other commercial and financial activities.

Our Formation Package

  • Registered Address and Agent
  • Company Secretarial Maintenance
  • Government fees
  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Appointment of First Directors
  • Consent Actions of the Board of Directors
  • Share Certificates
  • Register of Directors and Members
  • Company Seal

We also offer Nominee and Management Services (Substance requirements) along with bank account opening and international tax planning.

Prices and fees included on our website

http://www.genshape.com/shop/nevis-offshore-company-formation/

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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