If you are looking for a favorable offshore jurisdiction to incorporate your company, think of an LLC in Nevis with a corporate account in the UK payment system. LLC incorporation in one of the most sought-after jurisdictions will allow you to maximize the protection of your assets and ensure the required level of confidentiality.
The efficiency and profitability of an LLC in Nevis are combined with the simplicity and speed of its opening. The entire procedure takes place remotely and does not require your personal visit to the country. It will take about nine to twelve days overall.
Nevis Offers Profitable Solutions for your Business
Nevis is one of the most reliable and promising classic offshore jurisdictions. It still offers all the privileges of an offshore and at the same time minimizes possible difficulties in carrying out business activities around the world. To date, such conditions can be offered by just a few jurisdictions, and Nevis proposes the most favorable ones.
Nevis has an unstained reputation: it has never been in the center of scandals, and it tries to play by generally accepted rules. This balance is not easy to maintain (especially in today’s rapidly changing environment), but the island’s authorities are managing it quite well.
There are enough talks and rumors about the fact that this jurisdiction offers tangible benefits for the business, and they have a real basis behind them. Today, many foreign entrepreneurs opt for Nevis, especially businessmen from the United States. Even many large corporations have interests in this small Caribbean island!
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What is so tempting about Nevis? In fact, the list of advantages is quite impressive, but we would like to highlight the following ones:
- Best asset protection. To date, no other jurisdiction provides the same reliability and security for your assets as Nevis. Protection is ensured on many levels using a wide range of instruments. If you skillfully use the capabilities of your LLC, you will be able to protect not only the company’s assets but also yours.
- Good practice of the jurisdiction aimed at avoiding “black lists”. As mentioned above, the authorities of the island are seriously interested in foreign investors, and therefore they try to preserve the advantages of a classical offshore. At the same time, it must be taken into account that today we may observe a rather aggressive policy of deoffshorization in many countries, which leads to problems for companies registered in jurisdictions from the so-called “black lists”. Fortunately, none of this applies to Nevis! The island has avoided such a list by introducing a number of amendments to its legislation, thereby minimizing possible issues for its customers that are doing business internationally, for example, in the EU.
- The jurisdiction currently offers zero taxation. Due to its structure, an LLC is not subject to corporate tax, and profits are distributed among the company owners, which helps to avoid double taxation. Nevis does not levy taxes on any income derived from activities abroad, which means that you retain your net profit without any additional deductions to the tax authority.
- Nevis provides a high level of confidentiality. There are no open lists or personal data disclosed on you or any company officials. The island’s jurisdiction exchanges tax information only for persons holding accounts with local banks. This means that your company will not be known to your tax authority if you do not have a bank account in Nevis.
It is important to understand that there are many more additional advantages which make setting up an LLC in Nevis a very reasonable choice. The country provides flexible options to configure your company, as well as a number of other features. If you want to know more or have any questions, you can always contact us at info@offshore-pro.info
Our experts will be happy to provide any information you may need.
What you Have to Know to Choose a Name for your Nevis LLC
When you establish an LLC in Nevis, one of your first decisions will be to choose a name for your company. It is important to take into account a number of requirements to register a name on the island:
- The company name must contain abbreviations such as LLC, LC, Limited, etc.
- You will be able to use the words in the list below only after they have been agreed with the authorities
- Another list will also be presented below for you to know which words cannot be used in the company name.
List of words whose use in the company name is restricted (as agreed)
Annuity Life Assurance Mutual Assurer Mutual Fund Bronze Nevis Captive Prudential Casualty Queen Charitable Reassurance Charity Reassurer FDN Risk Finance Risk Management Financial Royal Foundation Silver Fund Surety Funding Trade Gold Trust Company Guarantee Trust Corporation Guaranteed Trustee Hedge Trustee Company Hedge Fund Underwrite Indemnity Underwriter Insurance Underwriting Insurer ‘Precious Metals’
List of words whose use in the company name is forbidden
Association Crown Offshore Authority CompaniesRegistry Onshore Banc Company Registry Parliament Banco Commission Partnership Bancorp Currency Payment Bancshare Deposit Police Bank Depository Register Banker E-Commerce Registered Banque Exchange Registrar Betting Federation Regulator Broker Fiduciary Regulatory Brokerage Financing Savings Building Society Foreign Exchange Scheme Bureau Forex School Casino FX Lotto Cash Gambling Majesty Change Gaming Ministry Church God Monetary College Government Money Cooperative Governor Moneymaker Cooperative Society HMS Money Services Council Institution Mortgage Credit Lending Municipal Credit Union Loan National Secured St. Christopher St. Kitts and Nevis Securities St. Christopher and Nevis Treasurer Sovereign St. Kitts Treasury University
Opening and Maintenance Costs for an LLC in Nevis
| LLC Registration | USD | Terms of service provision |
| The basic package of corporate documents which includes: · Certificate of Incorporation · Endorsement Certificate · Articles of Incorporation · Certificate of Notary Public · Designation and Acceptance of Registered Agent · Transfer of Subscription Rights Appointment of Director (minutes) · By-Laws · Written Resolution of Director · Register of Directors · Register of Officers · Register of Shareholders · Share Certificate/s | USD 1,899 | 2-3 business days |
| Apostille Package: · Certificate of Incorporation · Endorsement Certificate · Articles of Incorporation · Certificate of Notary Public · Designation and Acceptance of Registered Agent · Transfer of Subscription Rights Appointment of Director (minutes) · By-Laws · Written Resolution of Director · Register of Directors · Register of Officers · Register of Shareholders · Share Certificate/s · One set of apostilled copies of corporate documents | USD 2,499 | 5-6 business days |
| Apostille Package + Full Nominee Service: · company registration · payment of a state fee for registration · services of the Registered Agent in Nevis · registered office (legal address) in Nevis · one set of original corporate documents · one set of apostilled copies of corporate documents · Nominee Director/Manager** · original apostilled power of attorney · Nominee Shareholder/Member** · Trust Declaration – original · one set of copies of the nominee’s apostilled corporate documents · one set of copies of corporate documents · Certificate of Good Standing · Certificate of Incumbency · Power of Attorney – a copy · Declaration of Trust – a copy · Copy of your passport · Copy of a utility bill · A reference letter from the bank or account statement · Delivery by courier worldwide | USD 7,949 | 6-8 business days |
| Company Annual Renewal Fee: · payment of a state fee for renewal · services of the Registered Agent in Nevis · registered office (legal address) in Nevis · scanned copy of a Renewal Certificate | USD 1,699 | 3 business days |
| Annual fee for Nevis company nominees: | ||
| Nominee Director/Manager (Nevis corporation) | USD 1,399 | 1 business day |
| Nominee Shareholder/Member (Nevis corporation) | USD 1,399 | 1 business day |
| Nominee officers (Nevis corporation) | USD 1,399 | 1 business day |
| Additional documents after incorporation: | ||
| Notarized set of copies of corporate documents | USD 600 | 1-2 business days |
| Notarized and apostilled set of copies of corporate documents | USD 799 | 2-3 business days |
| Copy of the Certificate of Incorporation | USD 400 | 1-3 business days |
| Preparation of registers: Managers/Members/Shareholders/Directors/Officers | USD 200 | 2 business days |
| Preparation of Minutes of the First Meeting of the Board of Directors | USD 450 | from 2 business days |
| Certificate of Shares | USD 200 | 2 business days |
| Company search | USD 500 | 2-3 business days |
| Simple Power of Attorney | USD 399 | 1 business day |
| Notarized Power of Attorney | USD 599 | 1-2 business days |
| Apostilled Power of Attorney | USD 799 | 2-3 business days |
| Simple Trust Declaration | USD 400 | 1 business day |
| Notarized Trust Declaration | USD 600 | 1-2 business days |
| Apostilled Trust Declaration | USD 800 | 2-3 business days |
| Notarized and apostilled set of copies of corporate documents | USD 799 | 2-3 business days |
| Copy of the Certificate of Incorporation | USD 400 | 1-3 business days |
| Preparation of registers: Managers/Members/Shareholders/Directors/Officers | USD 200 | 2 business days |
| Preparation of Minutes of the First Meeting of the Board of Directors | USD 450 | from 2 business days |
| Certificate of Shares | USD 200 | 2 business days |
| Company search | USD 500 | 2-3 business days |
| Simple Power of Attorney | USD 399 | 1 business day |
| Notarized Power of Attorney | USD 599 | 1-2 business days |
| Apostilled Power of Attorney | USD 799 | 2-3 business days |
| Simple Trust Declaration | USD 400 | 1 business day |
| Notarized Trust Declaration | USD 600 | 1-2 business days |
| Apostilled Trust Declaration | USD 800 | 2-3 business days |
| Additional certificates after company registration: | ||
| Certificate of Good Standing — Simple | USD 680 | 2-3 business days |
| Apostilled Certificate of Good Standing | USD 880 | 2-3 business days |
| Certificate of Incumbency (Simple) | USD 490 | 1 business day |
| Certificate of Incumbency (Notarized) | USD 690 | 1-2 business days |
| Certificate of Incumbency (Notarized and Apostilled) | USD 890 | 2-3 business days |
| Letter of Tax Exemption | USD 500 | 2-3 business days |
| Apostilled Letter of Tax Exemption | USD 700 | 2-3 business days |
| Certificate of Company Dissolution | USD 1700 | up to 7 business days |
| Certification of documents: | ||
| Certification signed by the registration agent (per document) | USD 150 | 2 business days |
| Notarization (per document) | USD 200 | 2 business days |
| Certification with apostille (per document) | USD 250 | 2-3 business days |
| Letter of Certification from the Register | USD 500 | 5 business days |
| Change of company/capital/structure name: | ||
| Change of company name (without a seal) | USD 800 | up to 7 business days |
| Change of company name (with a seal) | USD 1,220 | up to 7 business days |
| Change of authorized capital | USD 1,625 | up to 7 business days |
| Change of Officers/Directors/Managers (including drafts, registers) | USD 800 | up to 5 business days |
| Change of Shareholders/Members (including drafts, registers, and up to 2 Certificates of Shares) | USD 800 | up to 5 business days |
| Transfer of shares/ownership includes the Minutes and up to two new Certificates | USD 1,200 | 5 business days |
| Amendment of the Articles of Association (addition of a paragraph, change of capital, any change in the company Articles of Association stamped by the Register) | USD 1,200 | up to 7 business days |
| Re-issue of constituent documents | USD 1,625 | up to 7 business days |
| Making changes to the company after registration: | ||
| Continuation (Change of the country of incorporation) | USD 2,520 | individually |
| Certificate confirming the change of jurisdiction | USD 1,200 | up to 7 business days |
| Company transfer to Nevis | USD 1,500 | individually |
| Fast-track company transfer to Nevis | USD 3,000 | up to 7 business days |
| Restoration of the company deleted from the Register | USD 1,700 | 2-3 business days |
| Company dissolution | USD 1,700 | up to 7 business days |
| Transfer Out (Change of registration agent) | USD 1,999 | 2-3 business days |
| Transfer In (Change of registration agent) | USD 500 | individually |
| Other services: | ||
| Signing a document by a nominee from Nevis: · one signature on a corporate document (per 1 document) · one signature on the bank form (per 1 document) | USD 160 USD 320 | 1-2 business days |
| Scanned copy of the document (per 1 page) | USD 100 | 1 business day |
| International courier delivery | USD 200 | 2-4 business days |
| Rush fee (quick document preparation) – cost per one operation | USD 150 | 2 business days |
| Contractual services: | ||
| Services of a professional director | USD 3,400 | individually |
| General consultation | contractual | individually |
| Legal advice | contractual | individually |
| Substance for a Nevis company: | ||
| A financial report (up to 20 transactions) | USD 1,900 | individually |
| A financial report (from 20 transactions) | from USD 1,900 | individually |
| Website development fee for State Registration & Registered Agent | cost depending on complexity | individually |
| Virtual Office (Panama) · address· mail/delivery to courier · telephone with a recording function | USD 3,000 | up to 7 business days |
A Set of Documents Required for LLC Registration in Nevis
You will need scanned copies of the following documents from each founder to establish an LLC in Nevis:
- a copy of the foreign passport or other ID certified by a notary
- a document confirming the address of residence (bank account statement, utility bill not older than 3 months, etc.)
- filled and signed due diligence and order forms
You will be able to receive the original documents after registration. You can order a set of apostilled copies if you need them.
A Corporate Account in the UK Payment System
Payment systems are a relatively new and young phenomenon, and one that is gaining popularity and developing at a significant pace. The emergence of a large number of payment systems as well as an increase in their use due to their convenience can provide (and provides!) serious competition to classical banks in the financial services market.
Of course, a conservative client still chooses the bank. But we should understand that even such well-established financial institutions cannot turn a blind eye to such technological innovations. And this is not just about current trends. Payment systems offer a range of services that are as good as any bank while avoiding their disadvantages, such as excessive bureaucracy.
Any payment system is first of all simple and convenient. In addition, it is very difficult nowadays to open an account for an offshore company in an ordinary bank, and there are few prerequisites for improvement in this matter. Therefore, the choice in favor of the UK payment system will be an excellent solution.
The payment system is registered in the UK and has been operating since 2017.
The UK payment system offers its corporate clients a wide range of financial services. Various transfers and payment transactions, individual IBAN , SEPA and SWIFT payments, conversion of currencies at favorable rates, and much more.
Use the UK payment system to work with 37 currencies of different countries.
The information about balances and transactions within the payment system is not available to tax authorities, which gives you additional privacy.
And modern online banking capabilities will allow you to constantly monitor your company’s finances anywhere in the world, regardless of time and distance.
Rates charged by the UK payment system
| Service | Cost, EUR |
| Consideration of the account application | 150 |
| Account opening fee | 800 – 1 000 |
| Monthly maintenance fee | 30 |
| Closing account fee | 200 |
| Incoming transactions SEPA | 20 |
| Incoming transactions SWIFT | 20 |
| Outgoing transactions SEPA | 50 |
| Outgoing transactions SWIFT | 60 |
Documents Required to Open a Corporate Account in the UK Payment System
To open a corporate account, you will need:
- For all company beneficiaries and managers:
- a copy of the foreign passport certified by a notary
- proof of residence (utility bill)
- a short bio
- A corporate documents package for the company (issued by the registered agent)
- To fill in and sign the documents required to open an account, and then scan them. It is important that the scans are of high quality and readable, otherwise they will be turned down.
The Procedure of LLC Registration in Nevis and Opening a Corporate Account in the UK Payment System
To start the procedure, you need to:
Contact us at info@offshore-pro.info for professional advice on the registration of an LLC in Nevis and the opening of a corporate account.
Pay for the company registration and opening a corporate account. The price starts from 4699 EUR. You can make a payment by a regular transaction through a bank branch, by card, or through any payment services available to you: Money Gram, Western Union, or Web Money.
Then send the original documents that will be required to register an LLC in Nevis and open a corporate account to our back office.
We will proceed with the procedure after we receive a full package of documents and payment from you. We expect the company registration and account opening to take from 9 to 12 days.
At the end of the procedure, we will send the original documents by courier to the address you specified.
Contact us now using the above address to request the service.
