Nevis Company Formation. Nevis LLC. Nevis Business Corporation.

Nevis Business Corporation (NBCO)

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

Directors

A Nevis Business Corporation 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.

Currency

East Caribbean Dollar (XCD).

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

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 LLC 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.

Currency

East Caribbean Dollar (XCD).

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

Time to Incorporate

Five days.