Register a BC in Nevis

We offer registration of an International Business Corporation (BC) on the island of Nevis. Its jurisdiction offers advantageous taxation, a high degree of asset protection, and flexible company configuration for business needs.

It takes 3 days or more to register a new company.

What are the Benefits of Registering a Company in Nevis?

6 good reasons to register a BC in Nevis:

1. you can fully own the company even if you are a non-resident of Nevis and you reside in any other country
2. liability is limited to the shares contributed by the participant
3. the company (company shares) may be owned by one person
4. he or she may be the sole director of a company in Nevis
5. corporations in Nevis offer a high degree of personal data protection: information about owners, directors and officers is not publicly available
6. at the moment Nevis offers zero taxation (if there is no physical presence of business or management on the island)

Nevis is considered a classic offshore. This gives certain advantages when you register a company, but also brings certain challenges. In particular, international organizations and the authorities of major countries are pursuing a policy of deoffshorization, accusing offshore companies of helping to erode the tax base and evade taxes.

Offshore companies, including Nevis, have decided to comply with international standards. As a result, the island country is ready for the exchange of tax information (bank account data), complies with EU requirements not to be blacklisted, and changes tax legislation.

The previous rules which allowed non-resident companies not to pay corporate income tax were valid until June 30, 2021. However, the situation has not changed much. 

Resident companies are taxed at the rate of 33%, and non-residents pay 33% on income earned in St. Kitts and Nevis. The international income of a non-resident company is not subject to tax. To remain a non-resident company, you have to avoid management from the island or physical presence (of a sales representative, for example) in the country.

The island remains a profitable jurisdiction for business registration, asset ownership, and protection, and an LLC in Nevis is especially suitable for this purpose.

You can be the sole company owner, and you will need only one director in this case. If you decide to increase the number of shareholders, at least 3 directors will be needed. Legal entities can be nominated directors, too.

After registration, a Nevis company can use nominee directors, shareholders, and managers. The positions of President and Treasurer must be held by private persons.

The directors, shareholders and officers of a Nevis company can be residents of any country.

The recommended authorized capital at company registration in Nevis is $50,000, but you can just pay for one 1-dollar share for one shareholder.

At the moment, Nevis requires keeping accounting records but does not require submitting them or conducting an audit. We highly recommend that you keep adequate records, though, for the following reasons:

• You need proof of the legal origin of funds.
• Reporting makes it easier to control cash flows.
• Banks require reporting to open accounts, especially for offshore companies, which adds to quite a complicated procedure of opening an account they have to undergo
• Nevis may impose additional requirements at any time under pressure from international partners. It seeks not to do more than is necessary, but reporting is an important point in international criticism aimed at offshore companies

Registration of a BC in Nevis is suitable for the following cases:

• You have a lot of shareholders at present or you are planning to expand the list of shareholders and transfer shares to third parties (including inheritance).
• A BC registered in Nevis is the only option to use if you are setting up a trust in Nevis (which is a powerful, secure instrument for storing assets and increasing capital with a high degree of personal data confidentiality). An LLC can own the trust, which jointly gives an incredible level of personal data protection.
• You need more flexibility in the company name if you use appropriate abbreviations: Ltd, S.A., A.G., limited, etc.

About the Company Name in Nevis

As we pointed out above, a corporation has the right to use more abbreviations in the name. However, there are words that are prohibited or allowed to be used under certain conditions.

Usage of words in the company name

Restricted use of words in the company name

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 the company name

Association	Crown	Offshore
Authority	Companies Registry	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

List of Documents Required for BC Registration in Nevis

You will need scanned copies of the following documents from each founder to register a BC in Nevis:

• a notarized copy of a foreign passport or other ID
• proof of residential address (utility bill not older than 3 months, bank statement, etc.);
• filled and signed due diligence and order forms

You will send the original documents to our back office using the specified address.

Upon receipt of payment and registration completion, we will send you the original documents. You can immediately order a set of apostilled copies if necessary.

BC registration takes 5-7 business days from the date on which all documents are received and full payment is made.

Costs of Establishing and Maintaining a BC in Nevis

Expenses on BC in Nevis

BC Registration	USD	Terms of service provision
The basic package of corporate documents 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 (copy) · Declaration of Trust (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
The 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
Power of Attorney (simple)	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
Trust Declaration (simple)	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 1,700	up to 7 working 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 working days
change of company name (with a seal)	USD 1,220	up to 7 working days
change of authorized capital	USD 1,625	up to 7 working 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 working days
re-issue of constituent documents	USD 1,625	up to 7 working days
Making changes to the company after registration:
Continuation (Change of the country of incorporation)	USD 2,520	individually
a certificate confirming the change of jurisdiction	USD 1,200	up to 7 working days
company transfer to Nevis	USD 1,500	individually
fast-track company transfer to Nevis	USD 3,000	up to 7 working days
restoration of the company deleted from the Register	USD 1,700	2-3 business days
company dissolution	USD 1,700	up to 7 working 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 & Registration Agent	cost depending on the complexity	individually
Virtual Office (Panama)    address · mail/Delivery to courier · telephone with a recording function	USD 3,000	up to 7 working days

The procedure for LLC registration in Nevis

This registration package includes only the original documents. Apostilled copies are included in the extended package that costs $2,499.

Additional services are provided at the rates indicated above.

You can pay for registration by card or bank transfer, Bitcoin, MoneyGram, WebMoney, or Western Union.

Apply for company registration in Nevis right now: info@offshore-pro.info.

We also remind you that you can open a bank account in Nevis. The international bank sets strict requirements for documents and clients, but we know how to help. In addition to companies, you can register funds, trusts for assets or inheritance management, and holding structures on the island. 

Local rules protect businesses against unnecessary legal costs by adopting short statutes of limitations, allowing rejection of decisions made by international courts, and imposing the requirement to make a deposit to start a new case. Offshore Nevis is becoming not only a reliable but also a modern offshore opportunity.