St. Kitts Trust & Corporate Services |
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Nevis is an excellent jurisdiction in which to open a Limited Liability Company (LLC). The Nevis Limited Liability Company Ordinance was passed in 1995 and has become very popular.
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It offers a full range of financial services and products including asset management and protection, company formation and administration, insurance, foundations, mutual funds administration, offshore banking, investment management, and trust services.
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Nevis offshore companies are free from taxation and are protected in privacy by the 1985 Confidential Relationship Act.
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Limited Liability Company (Nevis)
Nevis LLCs are formed under the Nevis Limited Liability Company Ordinance, 1995, whose features include:
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No corporate tax, income tax, withholding tax, stamp tax, asset tax, exchange controls or other fees or taxes are levied on assets or income originating outside of Nevis;
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Members may be individuals or business entities of any nationality or domicile; there may be a single member;
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No annual or other reports are required;
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Foreign Limited Liability Companies or other business entities may re-domicile to Nevis;
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Limited Liability Companies may have limited life.
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The name of an LLC must end in one of the following: "Limited Liability Company", "LLC", "L.L.C.", "LC" or "L.C.".
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Shelf companies are available immediately; the formation of a company normally takes 2 to 4 working days.
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