Are you interested in establishing an offshore company with a bank account that is advantageous for conducting business internationally? You should consider registering an LLC in Nevis and opening a corporate account in Macedonia. If you have any concerns about potential problems and risks, our turnkey service is a suitable remedy.
This combo offer is advantageous for two reasons. Firstly, offshore laws in Nevis provide protection for clients’ assets, ensure confidentiality and non-discriminatory treatment of foreign companies, and encourage foreign investment. Secondly, using a Macedonia corporate account for global banking has proven to be a successful business strategy for many clients worldwide. Additionally, the package of a Nevis LLC with a Macedonia corporate account comes at a reasonable price and at the right time for many of you ready to make a leap in business.
“The beauty of a solution lies in its simplicity.” – Albert Einstein.
If you’re wondering where to open an offshore account for your offshore LLC, IBC, trust, or any other entity, why not let our professional team assist you? With our expert guidance, you can quickly and safely open an account overseas. Book a free online session to discuss the best options.
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Nevis LLC for Asset Protection and Business Expansion
Nevis is a sovereign Caribbean territory and a member of the Federation of Saint Kitts and Nevis. It is globally recognized as a leading offshore zone and is much preferred by American entrepreneurs for starting businesses or trusts abroad. It is also known as a popular financial hub for managing and safeguarding offshore assets.
In view of the global trend of cracking down on offshore tax havens to reduce tax evasion and money laundering activities that may be associated with offshore financial centers, Nevis has adeptly adapted to the tighter regulations imposed by OECD (the Organization for Economic Cooperation and Development) and FATF (Financial Action Task Force).
While balancing the need to adhere to international standards and providing tax and other incentives to foreign investors, Nevis remains a top destination for asset protection and foreign investment.
By establishing an LLC in Nevis (a Limited Liability Company), you can access all the offshore benefits and mitigate potential financial, geopolitical, and tax risks associated with conducting business internationally. Apart from the offer presented in this article, we can offer a variety of other opportunities in Nevis that may interest you:
Benefits of Setting up a Nevis LLC
Foreign investors in Nevis often opt for the LLC as the most favorable business structure because it protects their assets and properties against unscrupulous creditors and other risks.
Even if the court decides to seize the assets of some Nevis LLC (which is highly unlikely due to Nevis’ legislation), the creditor can only obtain a share of the company’s profits and is unable to take possession of any of the Nevis LLC’s assets through their claim. Overall, an LLC in Nevis provides foreign investors with a reliable shield.
Note: Foreign court judgments cannot be enforced in Nevis. To file a claim in a local court, foreign claimants must personally appear in the country and pay a fee of USD 100,000.
Here are some other advantages that may encourage you to set up a Nevis LLC:
- The incorporation of an LLC in Nevis is fast and easy.
- Worldwide profits, income, and revenues gained by a Nevis LLC abroad are tax-exempt in Nevis.
- Nevis has concluded DTTs (double taxation treaties) with multiple countries.
- Nevis provides excellent privacy and confidentiality protection for the data of owners and executives of any Nevis LLC.
- A Nevis LLC offers the same level of protection for assets as a trust established on the island, but the maintenance costs for a Nevis LLC are significantly lower.
Beyond this list of benefits, there are many more advantages to having a Nevis LLC, and neither you nor your Nevis LLC need to be a tax resident in Nevis to enjoy them.
To learn more about the various aspects, features, and benefits of a Nevis LLC formation, please contact us with any questions you may have.:
Tips on Choosing a Name for Your LLC in Nevis
When incorporating a Nevis LLC, the first step is to choose a suitable company name, which can be a challenging task as there are specific legal requirements to consider:
- The name of a Nevis LLC must include abbreviations or words like Limited, LLC, or LC.
- Nevis LLC naming guidelines prohibit certain words from being used in the name of a company.
- The use of certain words and abbreviations in the name of a Nevis LLC is restricted and needs to be approved by Nevis authorities.
Restricted Words in Nevis LLC Names
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’
Prohibited Words in Nevis LLC Names
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
The Costs of Nevis LLC Incorporation and Maintenance
| Nevis LLC Incorporation Costs | USD | Wait Time |
| The Main Set of Application Documents: · Articles of Incorporation of the Nevis LLC · Certificate of Incorporation of the Nevis LLC · Designation and acceptance of Registered Agent for the Nevis LLC registration · Endorsement Certificate of the Nevis LLC · The Nevis LLC Director Appointment · Certificate of Notary Public · Written Resolution of the Nevis LLC Director · Share Certificate(s) of the Nevis LLC · Transfer of Subscription Rights · Register of Shareholders of the Nevis LLC · By-Laws of the Nevis LLC · Register of Officers of the Nevis LLC · Register of Directors of the Nevis LLC | USD 1,899 | 2 to 3 business days |
| The Set of Apostilled Documents of the Nevis LLC: · By-Laws of the Nevis LLC · Certificate of Incorporation of the Nevis LLC · Endorsement Certificate of the Nevis LLC · Certificate of Notary Public · Designation and Acceptance of the Registered Agent · Transfer of Subscription Rights · Articles of Incorporation of the Nevis LLC · Share Certificate(s) of the Nevis LLC · Director Appointment for the Nevis LLC · Register of Directors of the Nevis LLC · Written Resolution of the Nevis LLC Director · Register of Officers of the Nevis LLC · Register of Shareholders of the Nevis LLC· 1 set of apostilled copies of corporate documents of the Nevis LLC | USD 2,499 | 5 to 6 business days |
| Apostilled Documents + Contractual Arrangements for the Nevis LLC · Company incorporation · Payment of the state fee for company incorporation · Nevis Registered Agent’s services · Nevis registered office (legal address) · 1 set of original copies of corporate documents · 1 set of apostilled copies of corporate documents · Professional director and/or manager · Apostilled PoA (original copy) · Professional shareholder and/or member · Declaration of trust (original copy) · 1 set of apostilled copies of corporate documents · 1 set of scanned copies of corporate documents · Good Standing Certificate· Certificate of Authority· PoA (copy) · Declaration of trust (copy) · Passport (copy) · Utility bill (copy) · Reference letter or account statement issued by the bank · Personal delivery worldwide | USD 7,949 | 6 to 8 business days |
| Annual company renewal fees for Nevis LLCs: · State fee for company renewal · Nevis Registered Agent’s services · Nevis registered office (legal address) · Company renewal certificate (scanned copy) | USD 1,699 | 3 business days |
| Annual Fees Payable by the Nevis LLC to the Contracted Persons: | ||
| Professional Director and/or manager (Nevis LLC) | USD 1,399 | 1 business day |
| Professional Shareholder and/or member (Nevis LLC) | USD 1,399 | 1 business day |
| Professional officers (Nevis LLC) | USD 1,399 | 1 business day |
| Additional (Post-Registration) Nevis LLC’s Documents: | ||
| 1 set of scanned copies of corporate documents of the Nevis LLC (notarized) | USD 600 | 1 to 2 business days |
| 1 set of scanned copies of corporate documents of the Nevis LLC (notarized and apostilled) | USD 799 | 2 to 3 business days |
| Incorporation Certificate of the Nevis LLC (scanned copy) | USD 400 | 1 to 3 business days |
| Register of Managers and/or Members and/or Shareholders and/or Directors and/or Officers of the Nevis LLC (preparation) | USD 200 | 2 business days |
| The Minutes of the first Directors’ meeting of the Nevis LLC (preparation) | USD 450 | 2 or more business days |
| Share certificate(s) of the Nevis LLC | USD 200 | 2 business days |
| Company search | USD 500 | 2 to 3 business days |
| PoA (regular) | USD 399 | 1 business day |
| PoA (notarized) | USD 599 | 1 to 2 business days |
| PoA (apostilled) | USD 799 | 2 to 3 business days |
| Declaration of trust (regular) | USD 400 | 1 business day |
| Declaration of trust (notarized) | USD 600 | 1 to 2 business days |
| Declaration of trust (apostilled) | USD 800 | 2 to 3 business days |
| 1 set of corporate document copies of the Nevis LLC (notarized and apostilled) | USD 799 | 2 to 3 business days |
| Incorporation Certificate (copy) | USD 400 | 1 to 3 business days |
| Register of Managers and/or Members and/or Shareholders and/or Directors and/or Officers of the Nevis LLC (preparation) | USD 200 | 2 business days |
| Minutes of the 1st Director’s Meeting of the Nevis LLC (preparation) | USD 450 | 2 or more business days |
| Share Certificate(s) of the Nevis LLC | USD 200 | 2 business days |
| Company search | USD 500 | 2 to 3 business days |
| PoA (regular) | USD 399 | 1 business day |
| PoA (notarized) | USD 599 | 1 to 2 business days |
| PoA (apostilled) | USD 799 | 2 to 3 business days |
| Declaration of trust (simple) | USD 400 | 1 business day |
| Declaration of trust (notarized) | USD 600 | 1 to 2 business days |
| Declaration of trust (apostilled) | USD 800 | 2 to 3 business days |
| Additional Certificates Filed after Nevis LLC Incorporation: | ||
| Good Standing Certificate of the Nevis LLC (regular) | USD 680 | 2 to 3 business days |
| Good Standing Certificate of the Nevis LLC (apostilled) | USD 880 | 2 to 3 business days |
| Certificate of Incumbency (regular) | USD 490 | 1 business day |
| Certificate of Incumbency (notarized) | USD 690 | 1 to 2 business days |
| Certificate of Incumbency (notarized and apostilled) | USD 890 | 2 to 3 business days |
| Tax exemption letter | USD 500 | 2 to 3 business days |
| Tax exemption letter (apostilled) | USD 700 | 2 to 3 business days |
| Company dissolution certificate | USD 1,700 | up to 7 business days |
| Document Certification: | ||
| Document certified by the Registered Agent’s signature (per document) | USD 150 | 2 business days |
| Notarization (per document) | USD 200 | 2 business days |
| Apostilization (per document) | USD 250 | 2 to 3 business days |
| Certification letter from the Register | USD 500 | 5 business days |
| Change of Company Name/Capital/Structure of the Nevis LLC: | ||
| Change of company name of the Nevis LLC (no seal) | USD 800 | up to 7 business days |
| Change of company name of the Nevis LLC (sealed) | USD 1,220 | up to 7 business days |
| Amendments in the authorized capital of the Nevis LLC | USD 1,625 | up to 7 business days |
| Change of Officers/ Directors /Managers of the Nevis LLC (drafts and registers included) | USD 800 | up to 5 business days |
| Change of Shareholders/Members of the Nevis LLC (drafts and registers included, plus up to 2 share certificates) | USD 800 | up to 5 business days |
| Share and/or title transfer (including Minutes, plus up to 2 new certificates) | USD 1,200 | 5 business days |
| Amendments in Articles of Incorporation of the Nevis LLC (amended capital, paragraphs, or any amendments in Articles of Incorporation stamped by the Register) | USD 1,200 | up to 7 business days |
| Reissue of incorporation documents of the Nevis LLC | USD 1,625 | up to 7 business days |
| Amendments to Corporate Documents after the Registration of the Nevis LLC | ||
| Continuation/Change of the country of residence of the Nevis LLC | USD 2,520 | on a case-by-case basis |
| Certification of Continuation of the Nevis LLC | USD 1,200 | Up to 7 business days |
| Company relocation to Nevis | USD 1,500 | on a case-by-case basis |
| Fast-track company relocation to Nevis | USD 3,000 | up to 7 business days |
| Restoration of companies removed from the Register | USD 1,700 | 2 to 3 business days |
| Company dissolution | USD 1,700 | up to 7 business days |
| Change of the Registered Agent for the Nevis LLC (Transfer Out) | USD 1,999 | 2 to 3 business days |
| Change of the Registered Agent for the Nevis LLC (Transfer In) | USD 500 | on a case-by-case basis |
| Other Services: | ||
| Document signed by the professional officer in Nevis: · 1 signature – on the corporate document (per document) · 1 signature – on the bank form (per document) | USD 160 USD 320 | 1 to 2 business days |
| A scanned copy of a document (per page) | USD 100 | 1 business day |
| International courier delivery | USD 200 | 2 to 4 business days |
| Rush fee (accelerated document preparation) – cost per transaction | USD 150 | 2 business days |
| Contractual Services: | ||
| Professional director of the Nevis LLC | USD 3,400 | on a case-by-case basis |
| General-purpose consultations | As agreed individually | on a case-by-case basis |
| Legal consultations | As agreed individually | on a case-by-case basis |
| Substance for the Nevis LLC: | ||
| Financial statement of the Nevis LLC (up to 20 transactions) | USD 1,900 | on a case-by-case basis |
| Financial statement of the Nevis LLC (20 or more transactions) | USD 1,900 or more | on a case-by-case basis |
| Nevis LLC’s website design, state registration fee, registered agent fees | depending on complexity | on a case-by-case basis |
| Nevis LLC’s virtual office (in Panama) · address · correspondence delivery or courier delivery · a telephone with the voice recording function | USD 3,000 | up to 7 business days |
Corporate Account in Macedonia
We recommend opening corporate accounts in Macedonia with one of the best banks that accepts applications from and provides services to non-resident corporate clients, including offshore companies like a Nevis LLC. This financial institution is popular with clients from Nevis and owners of Nevis LLCs. To open an account, you need to meet all the requirements and be aware of the valid rates.
The services offered to non-resident corporate clients by the recommended bank in Macedonia include:
- local and international payment transactions
- My Business account
- corporate lending
- deposits
- access to the securities market
- mobile and online banking
- bank guarantees.
Please look up our article on opening a personal account in Macedonia which is a step-by-step guide for non-residents and an offer of our assistance. If you have any specific questions, please don’t hesitate to ask us.
Rates and Tariffs for Non-Resident Applicants for a Macedonia Corporate Account
Rates and Tariffs for Non-Resident Applicants for a Macedonia Corporate Account
| Fees for opening corporate accounts in Macedonia with the recommended bank: | |
| Non-refundable registration fee, including an upfront fee for the first corporate account in foreign currency with the recommended bank in Macedonia | EUR 1,000 |
| Upfront fee | EUR 200 per corporate account and currency |
| The Macedonia corporate account maintenance fees: | |
| A monthly maintenance fee for the corporate account in Macedonia (where bank account turnover is above zero) | EUR 50 to EUR 100 per month |
| A monthly maintenance fee for the corporate account in Macedonia suspended due to no turnover thereon for over 2 years or due to outdated documents | EUR 25 per month |
| The corporate account closing fees: | |
| If the closure is requested by the customer or in compliance with the Macedonia bank’s resolution | up to EUR 5000 |
| As provided for by the law or the Macedonia bank’s regulations (due to zero account turnover within 2 years or no balance thereon within the same time) | no charge |
| Cash transactions: | |
| Depositing cash into the customer’s corporate account | 0.1% to 5% of the amount deposited (withdrawn) |
| Withdrawing cash from the customer’s corporate account | |
| Payment transactions: | |
| Incoming payments | EUR 1 to EUR 500,000 or its equivalent in any other currency – 0.5% EUR 500,000 or its equivalent in any other currency – 0.3% |
| Outgoing national or international money transfers | 0.75% (with the minimum fee of EUR 300 + fees charged by the correspondent bank)or no charge, where the minimum annual corporate account balance stays at EUR 1,000,000 or its equivalent in any other currency |
| Intrabank transfers | no charge |
| Payment order amendments | EUR 100 |
| Chargeback | EUR 200 |
| Ls/C | |
| BANK-ISSUED IMPORT Ls/C | |
| Issuance of unconfirmed Ls/C secured with foreign currency | 0.5% per quarter, with the minimum fee of EUR 250 + EUR 100 as the SWIFT fee |
| Issuancee of unconfirmed LsC, depending on the security amount | 0.6% to 1.8% per quarter, with the minimum fee of EUR 250 + EUR 100 as the SWIFT fee |
| Amendments in the L/C terms | EUR 150 + EUR 100 as SWIFT fee |
| Fee for L/C certificate maintenance, with payment deferred for over 90 days | 50% of the standard L/C issue fee per each subsequent quarter |
| EXPORT Ls/C RECEIVED BY THE BANK: | |
| Unconfirmed acknowledgment of receipt | 0.5%, with a minimum fee of EUR 250 |
| Confirmed acknowledgment of receipt | 1%, with a minimum fee of EUR 500 |
| Unconfirmed L/C transfer | 0.3%, with the minimum fee of EUR 250 + EUR 100 as SWIFT fee |
| Confirmed L/C transfer | 1%, with the minimum fee of EUR 500 + EUR SWIFT as SWIFT fee |
| Document due diligence | 0.4% of the document cost, with a minimum fee of EUR 500 |
| Amendments in terms | EUR 100 + EUR 100 as SWIFT fee |
| The above L/C fees are charged quarterly as upfront payments. L/C fees for the last quarter are calculated and charged monthly. Where the remaining L/C validity for the current month is less than 5 days, no fee is charged. After the 6th day of the month, the fee is charged for the whole month. The fee is non-refundable if for any reason the L/C is not used in full. In the case of stand-by Ls/C, fees are calculated and paid under the relevant agreement. | |
| Secured deposit box rentals with the Macedonia bank (fees linked to the safe deposit box dimensions): | |
| 7.80х25.50х61.10 | EUR 100 |
| 13.10х25.50х61.10 | EUR 150 |
| 26.50х25.50х61.10 | EUR 200 |
For more information about a Macedonia corporate account setup and other services and rates of the recommended bank in Macedonia available to non-resident private and corporate clients, please contact our experts.
Application Documents for Opening a Corporate Account in Macedonia
Bank forms in English need to be filled out, printed out, signed, notarized, and apostilled (where necessary):
- On behalf of beneficial owners:
- notarized copies of the passport plus another ID
- notarized proof of the applicant’s residential address (utility bills, or driver’s license with the applicant’s residential address on them)
- PoA to set up corporate accounts, maintain, and control them unless the company’s constituent documents provide therefor
- Proof of the origin of funds/income
- A letter of recommendation from the current bank
- A professional letter of testimonials
- Company’s corporate documents:
- a notarized copy of the company’s Certificate of Incorporation
- a notarized copy of the company’s Memorandum and Articles of Association, Bylaws, and/or Operating Agreement
- the Good Standing Certificate or its notarized copy (to be filed annually)
- the Incumbency Certificate or its notarized copy (to be filed annually)
- a notarized copy of the Share Certificate(s)
- a notarized copy of the company’s Register of Directors
- a notarized copy of the company’s Register of Members
- a notarized copy of the company’s Resolution of Director, BoD member, Manager, or any other constituent document copy to authorize a corporate account setup with the bank in Macedonia
- the company profile (filed as a letter addressed to the Macedonia bank on the company’s official letterhead).
NB: Besides the documents required by the recommended bank in Macedonia, please complete the bank’s questionnaire in English. Our experts will gladly assist you with this if necessary.
Steps for Starting a Nevis LLC with a Macedonia Corporate Account
If the reliable asset protection in Nevis via company incorporation therein is exactly what you need, you should first consult our team of seasoned experts. We will assist you with selecting the most suitable offshore jurisdiction and the business type you need. Our top experts will advise you on banking security and the beneficial owner’s privacy, as well as other things you would like to find out.
To save you time and effort when starting a Nevis LLC and opening a corporate account with the Macedonia bank, you should follow these steps:
- Contact us at info@offshore-pro.info to book a private online session with our seasoned expert on Nevis LLC incorporation and a Macedonia corporate account setup.
- Pay our fee of EUR 5,699 using any payment method we accept.
- Send the required original documents to our main office.
- We will start the process once we receive the documents and payment. Your total wait time will be about 2 weeks.
- As soon as the Nevis LLC registration is completed, we will send the original documents to the address specified by you.
To book the turnkey package service of opening a Nevis LLC with a corporate account in Macedonia with the recommended bank, you are welcome to contact the InternationalWealth team at the email address or in messengers given in our contact reference as well as at the top of this page.
