Nevis is located on Caribbean Sea. Official name is St. Christopher(St. Kitts) and Nevis.
Law system is based on English one.
Education level is very high. Literacy is one of top lank in the world according to the data of United Nations, as well as personal freedom.
Nevis provide effective system to ensure Offshore activities, especially about security with the law of "The Confidential Relationships Act (1985)".
This law prohibit to disclose any information about business. Bank and government body is also under this regulation.
Merits of a Nevis Company
Being a tax haven, Nevis´ location makes its laws hold up against that of more powerful countries:
- No taxes apart from an annual government license fee
- No required financial reports and annual returns
- Incorporate with only one director and one shareholder
- Nominees are accepted
- Company can be managed offshore
- Foreign bank accounts can easily be opened
Price: 1599.00 EUR (2357.25 CAD)
Courier fee: 90EUR (132.68 CAD)
Two types of Nevis Company
Nevis has two types of company.
One is IBC (International Business Company) based on Nevis Business Corporation Ordinance (1984).
Other is Limited Liability Companies (LLC), based on Nevis Limited Liability Company Ordinance (1995).
Both IBC or LLC can be incorporated.
Minimum Capital of a Nevis Company
The minimum authorized capital of a Nevis Company is US $50,000. Higher capitals can be accommodated with an increased business license fee.
Note that authorized capital is not the same as paid-up capital. You are not required to prepare this amount.
Capital amount can be increased with the corresponding license fee determined by the rate of increase.
Incorporation Package
Our company formation package in Nevis includes:
- Preparation and filing of the necessary paperwork for registration
- Provision of Initial Subscriber
- Certificate of Incorporation
- Memorandum and Articles
- Articles of Association
- Resolution of the appointment of a director and allocation of shares
- Share Certificates for each shareholder
- Transfer Forms
- Registration fees payable to the Seychelles government
- Registered address and agent to comply with minimum local presence laws
Fees are calculated based on the US $50,000 capital. Higher capital would result to higher fees, depending on the amount needed.
Renewal and Maintenance Fee
Companies are not taxed in almost all tax havens such as Nevis. Instead, the government charges a renewal fee for its companies as a source of its funds.
All government fees for the first year are already included in the aforementioned requirements. Subsequent years will call for an annual payment of a maintenance fee amounting to 1499.00 EUR (inclusive of government fees and renewal procedure fees).
Time for Incorporation
Incorporation only takes two work weeks. Corporate documents will be delivered by courier one week after obtaining the Notary Public Certificate and Apostille.
Bank Account
Private banks in central Europe are highly recommended for their state-of-the-art security and excellent banking services. You may choose to create an account with one of our suggested banks:
Opening a bank account in Belize will also be very beneficial for your company, especially once you've acquired your business license:
Nominee Service
While you can incorporate your company using your personal information, its risk is having your name, address, and other private information open to the public.
We recommend using our Nominee Service, wherein by using a Nominee Director and a Nominee Shareholder, your personal information need not be on public records that put you at risk.
For further details on the Nominee Service, refer to the following pages:
Issuing Nominee Share
By availing of our Nominee Service, you get the exclusive benefit of owning shares without having to use your real name. Again, your personal information will remain confidential and unrecorded so that your business is always secure.
Related Services
Oobac offers even more tools to enhance your companies business activities and security. For more details, visit the following pages:
