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NEVIS
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Advantages |
A stable and secure economy and a government whose watchwords are quality, innovation and integrity. Exemption from income taxes, social security taxes, capital gains taxes, with-holding taxes and gift, estate and succession taxes. Legislation that is continuously updated to ensure that it remains progressive and user friendly. Developed support services, including state of the art telecommunication facilities, professional and competent attorneys and accountants, a variety of banking institutions both international and local, and established offshore trust and asset management services. An untarnished reputation. |
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Corporate Law |
The Nevis Business Corporation Ordinance, 1984 The Nevis International Exempt Trust Ordinance, 1994 The Nevis Limited Liability Company Ordinance, 1995 |
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The form of exempt company |
NBC (Nevis Business Corporation) LLC (Limited Liability Company) IBC (International Business Company) |
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Permitted activities |
Any activities permitted by law |
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Prohibited activities |
Any business activities with the residents of Nevis |
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Taxation |
Nil |
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The period of registration |
Less then 1 hour, incorporation documents can be delivered to the Registry by fax; total within 48 hours |
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The possibility to buy a shelf company |
Yes |
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The name of a Company |
Shall contain the word "corporation", "incorporated", company", or "limited" or other words or an abbreviation of one of such or other words as will clearly indicate that it is a corporation as distinguished from a natural person or partnership. Shall not be the same as the name of a corporation of any type or kind, as such name appears on the index of names of existing corporations or companies or on the reserved name list maintained by the Registrar of Companies or a name so similar to any such name as to tend to confuse or deceive. |
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The documents for incorporation |
Memorandum, Articles of association |
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Who signs the documents of incorporation ? |
The registered agents |
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The share capital of a Company |
Usually 100,000 USD |
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The recommended share capital of a Company |
1000 USD |
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Shares |
Bearer shares (bearer Certificates only) and no-par value shares allowed |
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Shareholders: - minimum number - Nominee - shares ownership by trust |
One Yes Yes |
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Directors: - minimum number - ethnic origin and nationality - status |
One No requirements (the Director can the legal entity) All rights except those within the exclusive competence of the shareholders (determined by the Articles of Association) |
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Privacy of information about: - beneficiary - banking operations |
Yes Yes |
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The necessity in the territory of incorporation: - registered address - registered agent |
No Yes |
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Meetings of: - shareholders - directors |
No requierements Obligatory (annualy, any place to hold a meeting) |
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The requirement of: - the accounting - preparing the annual report - submission of the auditors’ opinion |
No No No |
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The information available upon request of any third parties |
Information can be disclosed only on decision of Nevis High Court |
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The documents kept in registered office |
No requirements |
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Double taxation avoidance treaties |
Double tax treaty with the United Kingdom |
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Currency control |
No |
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Annual government fee |
200 USD |