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Saint Kitts and Nevis

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A company registration in Saint Kitts and Nevis in 2020

Key benefits of doing business in this jurisdiction:

  • A political independence;
  • No public register of directors or shareholders;
  • A developed infrastructure;
  • A stable currency;
  • Bearer shares are allowed;
  • A financial reporting is not required;
  • It is possible to buy an existing company in Nevis.

A cost of registering a business is from €2400

A company registration period is from 3 weeks

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The prevailing jurisdictions for offshore are traditionally located on the islands. The islands on which the beneficiaries choose to register an offshore company are, first of all, the islands of the Caribbean region. One of the islands of the so-called group The Leeward of the Antilles, where, thanks to the tropical trade wind climate, you can profit all year round, is the jurisdiction of Nevis. The island is separated from the second part - St. Kitts - by the Narrows channel, 3 km wide. Together they form one state, called Saint Kitts and Nevis. Nevis annually visits a quarter of a million tourists, therefore they form 70% of GDP. Pineapples, coconuts, a sugarcane, a coffee, peanuts, yams, the rice grow on the islands. It is rational to open a company in Nevis for food, as local resources are insufficient. It is not difficult to draw up documents to register a company in Nevis - the islands are a part of the British Commonwealth and are controlled by the English queen. The official language of the islands is English. The islands are developing steadily in improving the infrastructure.

Features associated with the opening of companies in St. Kitts and Nevis:
  • A soft tax system. Companies of foreign investors are not taxed - this is the main reason, why investors choose to register a company on the islands of St. Kitts and Nevis. Resident firms pay a fixed corporate tax of 33%. The annual state duty for each offshore is $250.
  • Another good reason to choose islands, if you decide to open a commercial firm in Nevis and St. Kitts, you are not required to publish lists of directors and shareholders. Shareholders may be nominal.
  • When submitting papers, to set up an offshore in Nevis and St. Kitts, profiles of directors must be provided to confirm the legal status.
  • A financial reporting is not required.
  • You have the opportunity to buy a ready-made firm in Nevis.
How to start a business on the island of Nevis?

You should register a unique trade name in Nevis, that does not contain designations NBC, LLC, NIETO, MFO:

a legal form

a decryption

NBC *

Nevis Business Corporation

LLC **

Limited liability company

Nieto

Nevis international trust

MFO

Multiform foundations

* Requirements to open the NBC company on Nevis are minimal: 1 director and 1 shareholder are enough. Bearer shares are accepted.

** To open an LLC on Nevis, you need 1 director (of any residency), 1 manager. LLC does not issue shares. Members own participation certificates. The standard capital, which does not require full payment immediately, consists of 100,000 shares, worth $1 each.

Read also:

A resident representative submits documents for registration of an enterprise on about. Nevis and Saint Kitts must draw up the legal address, book its name and submit the Charter, all constituent documentation.

To open an account for a company remotely, use the services of IQ Decision. You can contact us by the numbers indicated in the “Contacts” section.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

  • Still have any questions?

    Fill out the form or contact us as you find convenient: skype, telegram, etc. Our experts will help you resolve the issue.

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