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registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
1350.00 USD 1290.00 USD 3 0.00% No No

How to register company in Nevis

nevis_0.jpgNevis is a member of the Federation of Saint Kitts and Nevis. Quiet and comfortable Nevis is located south of Saint Kitts, 350 km from Puerto Rico and 80 km from Antigua.

It is interesting that the government prohibits construction of buildings in Nevis which height exceeds the height of palms. Therefore, the maximum number of floors of local buildings is two.

Historians considers that the name of the island was given by Christopher Columbus in 1493. Nowadays, the island is one of the most popular resort regions of the world.

Numerous visitors are attracted by the rich fauna, flora, reefs and other natural beauties. Naturally, Nevis attracts the attention of many investors who tend to register offshore company in Nevis.

The population of Nevis is approximately 12 thousand people.

The territory of the island is approximately 93 km2.

The official language is English.

The East Caribbean Dollar is the monetary unit of Nevis.

The Federation of Saint Kitts and Nevis is part of the British Commonwealth and is signatory to the Hague Convention.

Offshore Registration in Nevis - Advantages

  • Low cost of company registration in Nevis;
  • One of the state languages is English;
  • Flexible contemporary legislation;
  • Possibility of applying nominal service;
  • There is no need to submit reporting;
  • Guarantee of maximum confidentiality for shareholders and directors;
  • The presence of resident secretary is not necessary;
  • All legal types of commercial activities are allowed;
  • The possibility of re-registration of companies from any other jurisdictions, with the preservation of the name.

Forms of doing business in Nevis

The type of company on Nevis used for international business is the Nevis Business Corporation.

The legislative framework of Nevis

The Laws "On Business Corporations" and "On Limited Liability Companies" regulate the activities of companies in Nevis.

Registration of offshore company in Nevis - Main provisions

The company can be engaged in any legal type of activity. Trust, banking, insurance, and reinsurance activities are subject to licensing.

The company should have registered office, as well as registration agent in the territory of jurisdiction.

The name of the company should include the words Limited, Incorporated, Corporation, Limited Liability Company, and such abbreviations as Ltd, Inc., Corp., LLC.

There are no requirements to pay minimum charter capital.

The amount of the authorized capital equals to $ 50,000.

The issue of bearer shares is allowed, and they are stored in the registered office of the company. It is also possible to issue shares without par value.

The company shall have at least one shareholder and director. And the same person can perform both functions. Residence does not matter. At the same time, the Nevis corporation should have from 3 directors. It is allowed to have less number of them, if there are less than three shareholders, but in any case their number shall be no less than the number of shareholders.

The presence of nominee directors and shareholders is allowed.

The information concerning beneficial owner and banking operations of the company in Nevis is confidential. Its disclosure is possible only upon the court decision.

Meetings of shareholders and directors can be held anywhere in the world.

The company's participants can store documents anywhere.

There is no currency control.

After submitting documents, the registration of offshore company in Nevis takes about 2 weeks.

Taxes in Nevis

Non-resident company in Nevis is completely exempted from paying taxes if it does not conduct activities in the territory of Nevis.

Bookkeeping in Nevis

The company in Nevis is not obliged to maintain accounting records, submit annual report and auditor's report.

Apply for our help in order to register or buy company in Nevis. And then registration of business in Nevis will take the shortest possible time. Registration of companies, trusts, corporations is one of the most important directions in our work.

Set of documents
   
  • Appostilled Certificate of Incorporation 
  • Articles of Incorporation 
  • Endorsement Certificate 
  • By-Laws 
  • Certificate of Formation 
  • Minutes of the first meeting of Incorporator and Subscriber 
  • Minutes of the Organizational Meeting of the Organizer 
  • Transfer of subscription rights 
  • Share Certificates 
  • Page with Apostille
Nominee director and shareholder
   
  • Resolution effecting the issuing the Power of Attorney
  • Apostilled Power of Attorney 
  • Consent Letter 
  • Director Resignation Letter
  • Nominee Director’s Declaration 
  • Resolution effecting the change Director 
  • Deed of Trust 
  • Instrument of Transfer

General information
Square93.00
Population50 726.00
CapitalCharlestown
State polityparliamentary democracy
Telephone code869
locationthe Caribbean
Climatetropical under constant influence of north-easterly sea breeze. There is a slightly hotter and rainier season from May to November. Average monthly temperature is about 26°С, very seldom going down to 18°С or up to 32°С
Literacy rate97.80%
Ethnic groupsof primarily African descent; also the British, Portuguese, Lebanese
National currencyEast Caribbean dollar
USD exchange rate2.70
GDP per capita71
Official languageEnglish
Credit ratingA-
The judiciarythe Eastern Caribbean Supreme Court; it consists of the Court of Appeal and the High Court of Justice
Executive authorityHead of state: Prime Minister, Deputy Prime Minister. Government: the Nevis Island Administration appointed by the governor general on the advice of the Prime Minister
Legislative authoritiesunicameral National Assembly (14 seats)
Corporate information
Opportunity to purchase ready-made companiesДа
Legal systema common law one, based on English - Saxon common law and American corporate law (that of the states of New York and Delawer)
Terms of purchasing ready-made company2-3 weeks
The use of the Cyrillic alphabet in the nameНет
Local registered officeДа
Organizational and Legal FormsPRIVATE COMPANY (ST KITTS & NEVIS) PUBLIC COMPANY (ST KITTS & NEVIS) EXEMPT PRIVATE COMPANY (ST KITTS & NEVIS) INTERNATIONAL BUSINESS COMPANY (NEVIS) LIMITED PARTNERSHIP (ST KITTS & NEVIS) EXEMPT LIMITED PARTNERSHIP (ST LITTS & NEVIS) LIMITED LIABILITY COMPANY (NEVIS) TRUSTS (ST KITTS & NEVIS) INTERNATIONAL EXEMPT TRUSTS (NEVIS) MULTIFORM FOUNDATION ORDINANCE (NEVIS) NEVIS OFFSHORE EXEMPT COMPANY (NBCO)
Terms of registration1 - 5 days
Indication of BPA in the nameLimited, Company, Corporation, Incorporated, Sociedad Anónima, Gesellschaft mit beschränkter Haftung или соответствующие аббревиатуры
Prohibited expressions in the nameBank, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment fund, municipal, trust, trustee, Chamber of Commerce, university, или их эквиваленты на иностранном языке
Local registered agentДа
Shares and share capital
Standard currencyUSD
Information about the beneficiary is disclosednot specified
The minimum amount of the issued capital1 share of $1, or without par value
Bearer sharesДа
Terms of payment of the issued capitalupon the issuance of shares
The usual size of the authorized capital1,000 shares at no par value or $100,000 of par value shares
Terms of capital paymentupon the issuance of shares
Usual nominal value of shares1 USD
Possibility to issue shares without par valueДа
Taxation
VATНет
Basic corporate tax rate0.00%
Capital gains taxНет
Currency controlНет
The tax on personal incomeNo personal income taxes
Corporate tax rates details0%
Government dutyUS $220
Stamp dutyНет
Director and Secretary
The requirement for residency directorsНет
Director of legal entities are allowedДа
The data reveals to the local agentДа
Data field to the public registryДа
Meeting / regularity / placeannual meetings may be held at any place chosen by Directors
The requirement for the presence of the SecretaryДа
Requirement to the residense of the SecretaryДа
Requirements to qualification of the SecretaryНет
Legal entity as the SecretaryДа
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerНет
Shareholders residency requirementНет
Information about the beneficiary is disclosedНет
Information may be disclosed to the local agentДа
Shareholders-legal entities are acceptableДа
Meeting / regularity / placeannual meetings may be held at any place chosen by Shareholders
Reporting
The requirement for filing reportsНет
Open access to reportsНет
Statutory auditНет
The requirement for filing Annual ReturnНет
Open access to the Annual ReturnНет
The requirement for reportsДа
Membership in the OECDНет
Is it offshore according to Russian legislationДа
Trademark Registration
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