Set up your business in Saint Kitts and Nevis

An excellent Latin America and the Caribbean option for international trade.

Nevis has no public registry
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Strong Asset Protection
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No mandatory resident Directors

Incorporation Fee

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Saint Kitts and Nevis
Incorporation Service Fee
US$925

Select the services that are most suitable for your personal business needs and build your own package – start your business project now!

Why register your company with us?

We make incorporating a company as easy as possible, so you can focus on the important things.

We have a full suite of startup services, like banking, bookkeeping and tax planning consultancy, which means Eurofinanzza not only helps you get started, but supports you in your continued success as your one-stop shop.

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Tell us about your
business

We’ve taken the complexity out of forming your business company. Our online form can be completed in less than 10 minutes.

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We take care of the
paperwork

Based on the information you provide, we prepare all required documents and file them directly to the appropriate entity.

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Receive your
documents

Once your incorporation documents have been approved by the state, you’ll receive your completed company package by email.

Some Banking Options
abc banking mauritius
pacific private bank vanuatu
hsbc uk
capital security bank cook islands
bank of cyprus
dbs singapore

How to incorporate your business company in Saint Kitts and Nevis

Nevis is situated in the northern part of the Leeward Islands and was once known as “The Queen of the Caribbean” due to its breath-taking palm-fringed beaches and scenery dominated by Nevis Peak in the centre of the island which rises to a height of 3,232 feet.
Nevis was a British colony from 1628 until 1983 when it became independent and joined the Federation of St. Kitts and Nevis. The Federation is an active member of the British Commonwealth. Nevis is a democracy based upon the British Parliamentary system with an elected local assembly. The Head of State is HM Queen Elizabeth II who is represented on the island by a Governor General. Nevis was virtually a sugar monocrop economy until the late 1970s, when the government backed a drive into small-scale industrialisation. In July 2005, sugar production ceased. Tourism has become the largest source of foreign exchange although mass tourism has been rejected in favour of quality development and five star resorts. The arrival of the first direct flight from Atlanta Hartsfield Jackson International to St. Kitts in February 2008 marks a significant milestone in the Federation’s (Federation of St. Kitts & Nevis) efforts to penetrate the US travel market. In 1984 the Government of Nevis enacted a modern corporate statute, the Nevis Business Corporation Ordinance 1984, which has resulted in rapid growth of the finance sector with around 18,000 companies registered by 1999. This was followed by the Nevis Limited Liability Company Ordinance in 1995. The main trading partners are the US, the UK and Canada (for exports) and the US, Italy, and Trinidad and Tobago (for imports).
Key Corporate Features

General

  • Type of Company – LLC
  • Type of Law – Common
  • Shelf company availability – No
  • Time to establish a new company – 1-5 days
  • Corporate Taxation – Nil
  • Double Taxation Treaty Access – None

Share capital or equivalent

  • Standard currency – N/ applicable
  • Permitted currencies – N/ applicable
  • Minimum paid up – N/ applicable
  • Usual authorized – N/ applicable

Directors

  • Minimum number – One
  • Local required – No
  • Corporate Directors Permitted – Yes
  • Publicly accessible records – No
  • Location of meetings – Anywhere

Shareholders

  • Minimum number – One
  • Publicly accessible records – No
  • Location of meetings – Anywhere

Company Secretary

  • Required – N/A
  • Local or qualified – N/A

Accounts

  • Requirements to prepare – Yes
  • Audit requirements – No
  • Requirements to file accounts – No
  • Publicly accessible accounts – No

Recurring Government costs

  • LLC Minimum Annual Tax/Licence Fee – US$235
  • IBC’s with an authorized capital up to US$ 100,000 – US$235

Other

  • Requirement to file annual return – No
  • Change on domicile permitted – Yes
Company Information

Procedure to incorporate – Nevis LLC

By submission of the Articles of Organisation to the Registrar of Companies, which state:

  • The name of the LLC.
  • A statement that the LLC is formed under the Nevis Limited Liability.
  • Company Ordinance 1995.
  • The latest date on which the LLC is to dissolve (optional).
  • The statutory licensed Registered Agents address.
  • A statement whether the LLC is managed by managers exclusive of the members or by all of the members in their capacity as members.
  • Any other provision not inconsistent with Nevis Law which the organisers elect to appear in the articles of organisation.

– Nevis IBC

  • Section 25 of the NBCO deals with the incorporation of IBCs and sets out the guidelines to follow.
  • The incorporation of an IBC must be carried out by a registered agent, such as an attorney or local management company. Incorporation
  • may be achieved in twenty-four (24) hours.
  • The name of the corporation may be reserved.
  • The registered agent files the Articles of Incorporation with the Registrar of Companies and Trusts.
  • The Articles of Incorporation must include the following:
    • The name of the corporation;
    • A statement that the Corporation is incorporated under the NBCO;
    • The purpose or purposes for which the Corporation is incorporated;
    • The succession of the corporation if other than perpetual;
    • The address of the corporation in Nevis which shall be the address of its registered agent;
    • The aggregate number of shares which the Corporation shall have authority to issue;
    • If the initial directors are to be named in the articles of incorporation, the names and addresses of the persons who are to serve as directors;
    • The articles must be signed by the incorporator and this signature must be notarized.

Restrictions on trading

Cannot trade within Nevis or own real estate there. A company may not engage in the business of banking, insurance, assurance, fund and collective investment schemes or any other activity that would suggest an association with the banking or Insurance industries.

Powers of Company

A company incorporated in Nevis has the same powers as a natural person.

Language of Legislation and Corporate documents

English.

Name approval required

Yes.

Shelf Companies available

No.

Registered Office required

Yes, must be maintained in Nevis. The Registered Agent must be licensed by the Minister of Finance.

Time to incorporate

One day but allow five days for delivery of documentation.

Name restrictions

Any name that is identical to or similar to an existing company. Any name that in the opinion of the Registrar is undesirable or suggests an illegal activity or any name that may imply government patronage.

Language of Name

May be in any language that uses the Latin alphabet. The Registrar may request an English translation if a foreign language name is to be used.

Names requiring consent or license

Bank, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment fund, municipal, trust, trustee, Chamber of Commerce, university or their foreign language equivalent.

Suffixes to denote Limited Liability

Limited Liability Company or LLC. Limited, Corporation, Incorporation, or the relevant abbreviations.

Disclosure of beneficial ownership to authorities

None.
Nevis LLC Compliance

Taxation

A Nevis Limited Liability Company or IBC pays no Tax on income earned outside Nevis.

Double Taxation Agreement

Although Nevis does have double tax agreements, a company incorporated under the Nevis Limited Liability Company Ordinance 1995 cannot obtain any treaty relief through them.

License Fee

There is an annual registration fee of US$ 235 payable to the Minister of Finance, both by an IBC or LLC.

Financial Statement Requirements

Whilst there is no requirement to submit or file audited financial statements, a Nevis company is required to maintain financial records to reflect the financial position of the company.

Directors and Managers

The minimum number of IBC Directors or LLC Managers is one. The Directors and Managers may be natural persons or bodies corporate and may be of any nationality and need not be residents of Nevis.

Shareholders and Members

The minimum number of Shareholders or Members is one. Members may be individuals or bodies corporate of any nationality or domicile.

Register your Company today!

Our Business Development Team is ready to guide and assist you to discuss all options you have and to provide you all the support you need to enable you to take the right decision face to your specific needs!
All our Consultancy and Advisory services are completely FREE!