Nevis Company Formation

Key Features, Benefits & Frequently Asked Questions

BVI Company

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?

Yes

How much of the share capital must be issued and paid up?

One share

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