Services available from Nevis:
Offshore companies. New or
ready-made companies available.
offshore company (IBC) in St. Kits and Nevis is only
Only one person is enough to incorporate a
Incorporation Fee: $399
Registered Office/Agent: $350 p.a.
Government Licence: 235
Names of directors and shareholders are not
Apostille: $150 (required for bank acc)
Nominee Director: $400 p.a.
Nominee Shareholder: $300 p.a.
Power of Attorney: $150 (only if you
have selected a nominee service)
Corporate Seal: $100 (required for bank acc)
DHL/FedEx Courier: $100
Assistance to open a bank account in Nevis at Bank Of Nevis International: $500
Annual maintenance fees
after first year:
Registered Office/Agent: $350 p.a.
Government Licence: $235 p.a.
Total: $585 + options
Trusts in Nevis
We register Trust and act as Trustee. Our fee is $1500 per year
plus cost (example courier cost)
Most Trust Deeds are crafted for that specific Trust. The
Trust Deed or Declaration of Trust have to be prepared in
accordance with Nevis' Trust Legislation. That means that it
must be done by someone who is familiar with Nevis' Trust laws
and will have to be vetted by a Nevis solicitor to ensure that
it is compliant.
Lawyers vetting fee is approximately $350 per hour.
Notwithstanding the above, we do have a sample standard trust
document that you can use (if it suits the purpose). This will
save Lawyer vetting fees.
accounts in Nevis @ Bank Of Nevis International
To open offshore accounts the
following information on the beneficial owners, whether or not they are
signatories to the account, must be provided to the bank)
2 satisfactory references ….(
one from a bank and the other from a lawyer, accountant or certified
financial planner) ……references must be on company letterhead with
address and phone number
Notarized copies of valid
passport or drivers license
Certified copies of company
Proof of physical address (
original or notarized copy of utility bill)
Exact nature of business
The geographic area of such
Proof of source of funds
Expected size of deposits
Expected frequency of
an agreement to keep the bank
informed of any changes to the information provided
Minimum deposit is us$1500
Please be advised that the bank
will not do any transactions that are related to internet gaming. Any
account found to be engaged in same will be closed.
Bank forms and
instructions are here (for clients only - password protected)
For your convenience, we have included a
in the order form:
We are pleased to provide a summary of the salient features of
companies incorporated in Nevis.
BACKGROUND ] [ COMPANY FORMATION ]
[ SHARE CAPITAL, TAXATION, LICENCE FEES &
[ STRUCTURE OF MANAGEMENT ]
|Type of Company
|Common or Civil Law
|Disclosure of Beneficial Owner
|Migration of Domicile Permitted
|Tax on Offshore Profits
|Language of Name
|Minimum Number of Shareholders
|Minimum Number of Directors
|Bearer Shares Allowed
|Corporate Directors Permitted
|Company Secretary Required
|Standard Authorised Share Capital
|Government Register of Directors
|Government Register of Shareholders
|RECURRING GOVERNMENT COSTS
|Minimum Annual Tax/Licence Fee
|Annual Return Filing Fee
Longitude and is located in the Leeward Islands approximately 2,000 km
south-east of Miami. Mount Nevis lies in the centre of the 92 sq km Island and towers 985 metres. Columbus sighted and named the Island on his second voyage in 1493. The climate is
nearly perfect and the variation in altitude and soil conditions creates a natural garden
of tropical vegetation ranging from rain to near desert.
The population of Nevis is 8,500 with 35,000 residents in the neighbouring
island of St. Kitts.
Nevis was a British colony from 1628 until 1983 when it became independent
and joined the Federation of St. Kitts and Nevis. The Federation is an active member of
the British Commonwealth. Nevis is a vigorous democracy based upon the British
Parliamentary system with an elected local assembly. An independent study has ranked the
Federation of St.
Kitts and Nevis as one of the ten freest nations in the world for seven
INFRASTRUCTURE AND ECONOMY
Excellent communications facilities offer direct dialling from the US,
Canada and Europe. World-wide telex, facsimile and telegraph services are operated by
Cable and Wireless. Direct air services to North America are provided by BWIA and Air
Canada on a scheduled basis. LIAT, WINAIR and American Eagle link Nevis with other
Caribbean Islands. From Europe, service is provided by British Airways, Lufthansa, Air
France and Iberia via stops in neighbouring Islands.
Nevis does not have a deep-water port; however, it has an important
mooring basin for yachts.
The economy has traditionally depended on the growing and processing of
sugar cane; decreasing world prices have hurt the industry in recent years. Tourism and
export oriented manufacturing have begun to assume larger roles, although they still only
represent approximately 7% and 4% respectively of GDP. Growth in the construction and
tourism sectors has spurred the economic expansion of the Island. Most food is imported.
English is the official and commercial language of the Island. Nevis
enjoys a literacy rate of 96%, one of the highest in the Western Hemisphere.
Eastern Caribbean Dollar, which is fixed to the US Dollar.
TYPE OF LAW
Common Law based on English Common Law.
PRINCIPAL CORPORATE LEGISLATION
Nevis Business Corporation Ordinance 1984.
TYPE OF COMPANY FOR INTERNATIONAL TRADE AND INVESTMENT
Offshore Exempt Company (NBCO).
PROCEDURE TO INCORPORATE
By submission of the Articles of Incorporation to the Registrar of
Companies, together with the appropriate fee.
RESTRICTIONS ON TRADING
A Nevis company incorporated under the Business Corporation Ordinance 1984
may not trade within Nevis, or own real estate there. A company incorporated under the
said Act may not engage in the business of banking, insurance, assurance, reinsurance,
fund management, collective investment schemes or any other activity that would suggest an
association with the banking or Insurance industries.
POWERS OF COMPANY
A company incorporated in Nevis has the same powers as a natural person.
LANGUAGE OF LEGISLATION AND CORPORATE DOCUMENTS
NAME APPROVAL REQUIRED
shelf COMPANIES AVAILABLE
TIME TO INCORPORATE
Two days, but allow five days for delivery of documentation.
Any name that is identical to or similar to an existing company. Any name
that in the opinion of the Registrar is undesirable or suggests an illegal activity or any
name that may imply government patronage.
LANGUAGE OF NAME
May be in any language that uses the Latin alphabet. The Registrar may
request an English translation if a foreign language name is used.
NAMES REQUIRING CONSENT OR LICENCE
Bank, building society, savings, loans, insurance, assurance, reinsurance,
fund management, investment fund, municipal, Chamber of Commerce, university or their
foreign language equivalent.
SUFFIXES TO DENOTE LIMITED LIABILITY
Limited, Company, Corporation, Incorporated, Sociedad Anonima,
Gesellschaft mit beshränkter Haftung or their abbreviations.
DISCLOSURE OF BENEFICIAL OWNERSHIP TO AUTHORITIES
SHARE CAPITAL, TAXATION, LICENCE FEES AND COMPLIANCE
AUTHORISED AND ISSUED SHARE CAPITAL
Normally the authorised share capital is either 1,000 no par value shares
or US$ 100,000 par value shares. The minimum issued capital is one share of no par value
or one share of par value.
CLASSES OF SHARES PERMITTED
Registered shares, bearer shares, preference shares, redeemable shares and
shares with or without par value.
BEARER SHARES PERMITTED
A Nevis offshore exempt company is exempt from local taxation.
There is an annual registration fee of US$ 200 payable to the Minister of
DOUBLE TAXATION AGREEMENTS
Although Nevis does have double tax agreements, a company incorporated
under the Nevis Business Corporation Ordinance 1984 cannot obtain any treaty relief
FINANCIAL STATEMENT REQUIREMENTS
Whilst there is no requirement to submit or file audited financial
statements, a Nevis company is required to maintain financial records to reflect the
financial position of the company.
STRUCTURE OF MANAGEMENT
The minimum number of directors is three if the number of shareholders is
three. If fewer than three, the number of directors may be equal to the number of
shareholders. The directors may be natural persons or bodies corporate and may be of any
nationality and need not be residents of Nevis.
A Nevis exempt company must appoint a company secretary, who may be a
natural person or a body corporate may be of any nationality and need not be resident in
The minimum number of shareholders is one.