We have listed below the key features and answers to the more frequent questions that we are asked regarding the formation of Nevis corporations. If you do not find the answer to your question below, or you would like a more detailed answer, please feel free to contact us.
Key Features & Benefits 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
How long does it take to incorporate a Nevis Offshore Company?
It usually takes 3 working days to incorporate in Nevis
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 miminimum 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 mantain 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
Help & Advice
Please contact us with any questions that you may have. We will be pleased to speak with you and will do our best to assist you. If you are ready to register your BVI company please use our secure order form