Nevis Limited Liability Company
Nevis Limited Liability Company is a suitable vehicle for sole proprietors, business partnerships and offshore asset protection. It has a straightforward operations and management process as well as being simplified, short and with an uncomplicated incorporation process.
The Nevis LLC is ruled under the Nevis LLC Ordinance 1995; it ensures the formation process by filing Articles of Organization with the registrar, owners are called members instead of shareholders since the LLC does not hold shares, and it is a legal entity with separate rights and liabilities.
Some of the key features are listed below:
Advantages and Benefits
- Nevis LLC is 100 % tax—free,
- Members may be a non-resident and can be a person or entities, including incorporations, partnerships, trusts, etc.
- Highly confidential jurisdiction with restriction of public access to company records
- Nominee members are permitted to obtained high confidentiality and privacy
- Re-domiciliation is allowed in or out of Nevis, emergency transfers are granted for non Nevis LLCs.
- International banks with sophisticated banking system are available in Nevis.
- No dual taxation treaties with other countries therefore no requirement for exchange of information with other tax authorities
- Bearer share are permitted and are subject to special custodian shares.
| Jurisdiction | Nevis |
| Type of Entity | LLC |
| Type of Law | Common Law |
| Shelf Company availability | Yes |
| Our Time to establish a new company | 1-5 Working Days |
| Taxation on foreign income | Nil |
| Double Taxation treaty access | No |
| Standard currency of share capital | Not Applicable |
| Other permitted currencies of capital | Not Applicable |
| Minimum paid up share capital | Not Applicable |
| Usual authorized share capital | Not Applicable |
| Minimum number of Directors/Managers | 1 |
| Local Directors/Managers required | No |
| Publicly accessible record of directors/Managers | Yes |
| Locations of directors/managers meeting | Anywhere |
| Company Secretary required | Not Applicable |
| Local or Qualified company secretary required | Not Applicable |
| Requirement for Audited accounts | No |
| Requirement to file accounts | No |
| Publicly accessible accounts | No |
| Requirement to file annual return | No |
| Change in Domicile permitted | Yes |
| Requirement to prepare accounts | Yes |
| Bearer shares | Yes |