Nevis

NEVIS COMPANY FORMATION
BANK ACCCOUNTS

Nevis Company. Nevis Company Formation. Nevis LLC.

KGN Services specializes in Nevis Company Formation (Nevis LLC / Nevis IBC) and opening bank accounts.

Nevis Company Formation – Key Facts

Principal Corporate Legislation

The 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.

Types of Company for International Trade, Investment & Tax Planning

  • Nevis Business Corporation (Nevis IBC)
  • Nevis LLC (Nevis Limited Liability Company)

Nevis Business Corporation (Nevis IBC)
Nevis LLC
Nevis Business Corporation (Nevis IBC)

Nevis Business Corporation (Nevis IBC)

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

Nevis Business corporation 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

Each Nevis business corporation (IBC) must have a Registered Agent and Registered Office in Nevis, provided by a licenced service provider.

Directors

A Nevis Business Corporation (IBC) requires a minimum of one director. Director can be of any nationality and need not be resident. Corporate directors are permitted.

Shareholders

A Nevis Business Corporation requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

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.

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”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Nevis Business Corporation.

Time to Incorporate

Five days.

Nevis LLC

Nevis LLC

Share Capital

Not applicable.

Classes of Share Available

Not applicable.

Restrictions on Trading

Nevis LLC 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

Each Nevis LLC must have a Registered Agent and Registered Office in Nevis, provided by a licenced service provider.

Managers 

A Nevis LLC requires a minimum of one manager. Manager can be of any nationality and need not be resident. Corporate managers are permitted.

Members

A Nevis Limited Liability Company requires a minimum of one member.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

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.

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 Nevis LLC

The words “Limited Liability Company” or “LLC” must be part of the name of every Nevis LLC.

Time to Incorporate

Five days.

Key Benefits of Nevis Company Formation

  • 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
  • Excellent and flexible post-incorporation follow-up services
  • No statutory requirement to hold annual general meetings

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Nevis Company Formation Prices (Nevis LLC)

Nevis LLC Formation Package Includes:

  • Nevis Company Name Check
  • Initial Business Approval
  • Preparation of Application Documents
  • Company Registration Fee
  • Registered Office Address for 1 year
  • Registered Agent Services for 1 year
  • Government filing fee
  • Certificate of Formation
  • Memorandum & Articles of Association
  • Share Certificate(s)
  • Register of members

Starting at: $2090

Nevis Company Formation Prices (Business Corporation)

Nevis Company Formation Package Includes:

  • Nevis Company Name Check
  • Initial Business Approval
  • Preparation of Application Documents
  • Company Registration Fee
  • Registered Office Address for 1 year
  • Registered Agent Services for 1 year
  • Government filing fee
  • Certificate of Formation
  • Memorandum & Articles of Association
  • Minutes of first meeting appointing the director(s)
  • Share Certificate(s)
  • Register of shareholders
  • Register of directors

Starting at: $2290

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services related Nevis LLC| Nevis Business Corporation

KGN Services provides the following services related formation of Nevis Company (Nvis LLC and Nevis Business Corporation):

  • Formation of a Nevis LLC
  • Formation of a Nevis Business Corporation
  • Registered Office and Agent Services
  • Nevis Company Secretarial Services
  • Nominee Shareholder / Nominee Director
  • Opening of Bank Accounts
  • Full Nevis Company Administration Services
  • Mailing Address in Nevis
  • Trademark Registration

Saint Kitts and Nevis – General Information

Location: Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago.

Area: total: 261 sq km (Saint Kitts 168 sq km; Nevis 93 sq km), land: 261 sq km, water: 0 sq km. …

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Natural resources: Arable land.
Population: 52,715 (July 2017 est.).

Capital: Basseterre.

Time Zone:UTC-4.

Languages: English (official).

Government type: Federal parliamentary democracy (National Assembly) under a constitutional monarchy; a Commonwealth realm.

Legal system: English common law.
International organization participation: ACP, AOSIS, C, Caricom, CDB, CELAC, FAO, G-77, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, MIGA, OAS, OECS, OPANAL, OPCW, Petrocaribe, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WTO.
Economy: The economy of Saint Kitts and Nevis depends on tourism; since the 1970s, tourism has replaced sugar as the economy’s traditional mainstay. Roughly 200,000 tourists visited the islands in 2009, but reduced tourism arrivals and foreign investment led to an economic contraction in the 2009-2013 period, and the economy returned to growth only in 2014. Like other tourist destinations in the Caribbean, Saint Kitts and Nevis is vulnerable to damage from natural disasters and shifts in tourism demand. Saint Kitts and Nevis is among other countries in the Caribbean that supplement their economic activity through economic citizenship programs, whereby foreigners can obtain citizenship from Saint Kitts and Nevis by investing there.

Currency: East Caribbean dollar (XCD).

KGN Services | Nevis Company | Nevis Business Corporation | Nevis LLC | Nevis LLC Formation

Tags: Nevis LLC | Nevis Business Corporation | Nevis IBC | Nevis Company Formation

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Requirement to File Annual Return