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
Strong Asset Protection
No mandatory resident Directors
Why Register a company with us?
Looking to Open a Company? 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. Start your Company set up today!
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.
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.
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
How to Set up a company in Saint kitts and Nevis?
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
Register Company in Saint kitts and Nevis-
– 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
Powers of Company
Language of Legislation and Corporate documents
English.
Name approval required
Yes.
Shelf Companies available
No.
Registered Office required
Time to incorporate
Name restrictions
Language of Name
Names requiring consent or license
Suffixes to denote Limited Liability
Limited, Corporation, Incorporation, or the relevant abbreviations.
Disclosure of beneficial ownership to authorities
Nevis LLC Compliance
Taxation
Double Taxation Agreement
License Fee
There is an annual registration fee of US$ 235 payable to the Minister of Finance, both by an IBC or LLC. You need to understand it when planning to Set up company in Saint kitts and Nevis.
Financial Statement Requirements
Whilst there is no requirement to submit or file audited financial statements, an Offshore Company in Nevis is required to maintain financial records to reflect the financial position of the company.
Directors and Managers
Shareholders and Members
The minimum number of Shareholders or Members is one. Members may be individuals or bodies corporate of any nationality or domicile. So, it is easy to Open company in Nevis.
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