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NevisDue to low prices and service costs, offshore on Nevis is a perfect solution for a small and newly established international business. An offshore company on Nevis is fully exempt from taxes and reporting. PRICES START AT 1,020 euros 1. GENERAL INFORMATION ABOUT NEVIS
Nevis is an island in the group of Leeward Islands in the Caribbean Sea. It is a part of Federation of Saint Kitts and Nevis with the option of quitting the federation. Situated tree kilometres south of the Saint Kitts Island and separated from the latter by the Narrows channel; approximately 350 kilometres south-east of Puerto Rico and 80 kilometres west of Antigua. 2. ADVANTAGES OF OFFSHORE REGISTRATION ON NEVIS • Low cost of company foundation and low taxes. 3. REQUIREMENT FOR OFFSHORE COMPANIES ON NEVISAs International Business Companies (IBC) are offshore companies, they cannot own real estate on Nevis or sell services of providing a legal address to other companies. International Business Companies are also forbidden to provide any services to Nevis residents. The use of the words “Bank”, “Insurance Company”, “Trust” and “Royal” is also forbidden, but close substitutes of these words can be used. 4. SHAREHOLDERS* at least 1 natural or legal person (possibility of shares to bearer). 5. DIRECTORS • Only one director necessary that can have any citizenship and be a natural or a legal person. 6. REPORTING* not required. 7. SHARES • Stock capital does not have to be contributed. 8. THE TIME IT TAKES TO REGISTER AN OFFSHORE ON NEVISThe registration of an offshore company on Nevis normally takes 2–3 business days. Notary certification and apostilling take 1–3 business days, and forwarding documents by courier takes 3–5 business days. THE REGISTRATION OF AN OFFSHORE ON NEVIS INCLUDES THE FOLLOWING STAGES DOCUMENTS TO BE SUBMITTED: If the nominal service (the complete package) is used, an apostilled letter of authority, the declaration of trust of the registered shareholder, the dateless letter of the director’s resignation and the share transfer form that has been signed but not filled in must also be submitted. The basic package implies the apostilled Certificate of Incorporation, Memorandum and Articles of Association and the appointment of the First Director. COST OF COMPANY REGISTRATION ON NEVIS: STARTING FROM 1,020 EUROS (BASIC PACKAGE) * Contact us today! Call +372 50 54 760 or send e-mail to info@s5i.com |
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