Nevis Company Formation - International Business Corporation
Nevis International Business Corporation – Company Formation.
We incorporate International Business Corporations in Nevis
The English-speaking eastern Caribbean island of Nevis is twinned with the island of St Kitts. It is seen as one of the premier Caribbean offshore locations, with highly confidential and efficient commercial and banking systems allied to a stable political structure and sound wider economic environment.
The total population is around 40,000, and, since establishing independence from the UK in 1983, Nevis has instituted a constitutional parliamentary democracy, with large elements of both US and UK corporate law governing regulation of commercial activity. Tourism is the main local industry, closely followed by offshore financial services. The official language is English.
Nevis companies are known as IBCs (International Business Companies). A Nevis company can be used for most commercial purpose, but there are certain activities which will require a licence.
Key Features of a Nevis Corporation
Only one director required.
Only one shareholder required.
Overseas and corporate shareholders allowed.
No need to visit.
No personal or corporate taxes of any form are levied on income derived from outside Nevis
Bearer shares admissible
No requirement for filing or auditing of annual accounts or returns
Banking and insurance are the only restricted business activities
Public access to company records restricted to agent details & incorporation articles; records can be located outside of Nevis and changes of particulars not required to be lodged with the Nevis authorities
Free repatriation of profits and capital, no exchange controls
Well-developed banking system with a wide range of international banks in situ
The corporation must have a unique name, which is not too similar to any existing corporation. Our service includes checking of corporation names for availability, and advising on the suitability of your proposed name. If you would like to check a corporation name now please contact us.
The corporation must have a registered office within Nevis. This is the official address of the corporation. We will provide you with an address to use as your registered office.
Nevis Corporations can be registered with just one director, there are no nationality restrictions.
Nevis corporations can have just one shareholder, this can be either a corporation or a person. You may have as many shareholders as you wish.
Nevis Corporation Frequently Asked Questions
How long does it take to incorporate a Nevis Offshore Company?
Once we are in receipt of all due dilligence documents the company can be incorporated in 3 working days.
What information must I provide?
To incorporate an offshore company in Nevis we need the following:
The name of the company
Name and address of director
Name and address of shareholder
Is the information I provide confidential?
The names of directors and shareholders do not appear on any public documents or other public records
What are the minimum number of directors?
Only one director is required. This can be the same person as the shareholder
Can the director be a corporation?
Yes corporate directors are allowed
Can nominee directors be used?
Nominee directors are allowed.
Is a resident director required?
There is no requirement to appoint a local director
What are the minimum number of shareholders?
Only one shareholder is required. This can be the same person as the director
Can the shareholder be a corporation?
Yes corporate shareholders are allowed
Can nominee shareholders be used?
Nominee shareholders are allowed. We can provide a nominee shareholder
Is a resident shareholder required?
There is no requirement to appoint a local shareholder
Is a company secretary required?
There is no requirement for a company secretary
What is the standard share capital?
The standard share capital is $50,000 USD
Can the share capital be issued in other currencies?
How much of the share capital must be issued and paid up?
Does the company have to maintain books and records in Nevis
The company does not have to keep records in Nevis. If the company chooses to keep records they can be kept anywhere in the World.
Does the company have to file accounts or a financial statement?
There is no requirement to file accounts or a financial statement
Is the company taxed on profit?
A Nevis company is exempted from all local taxes
Nevis International Business Corporation - Price and Fees
Registration of a Nevis Corporation which includes checking name availability and suitability, preparation of corporate documents, appointment of directors and shareholder, unlimited advice
It is a requirement in Nevis that the corporation has a registered office in Nevis. We will provide you with suitable registered office address.
Nevis Corporations are required to have a local licenced Corporate Service Provider as corporate manager.
The following optional services are available.