Nevis Business Corporation (Nevis LLC) – the company which is used for international business.
The minimum number of directors and shareholders is one director and one shareholder who can be both individual person and legal entity, resident or non-resident of Nevis. Director and shareholder can be one and the same person.
Mandatory minimum amount of the authorized capital is not fixed and can be declared in any "hard" currency. Most often, the authorized capital of registered company is $ 100 000 or 1 000 shares without a nominal value.
Offshore companies and LLC companies are not the subjects of taxation at Nevis and only pay a fixed license fee to the budget – $ 220. A profit of other companies are taxed at the rate of 35%.
Accounting and audit.
It’s not necessary for the offshore companies and LLC companies to submit accounts and be audited.
There is not a public register of companies. Furthermore, confidential information is protected by the Confidential Relationships Act, 1985. Unreasonable disclosure of confidential information is punishable by a penalty at the rate of $ 50 000 or 12 months of imprisonment.
- Exemption from taxes;
- High confidentiality. There isn't an public information;
- There aren't requirements to prepare and submit the financial statements;
- Corporations can be used for trading, copyright ownership, registration of the ships and yachts, marketing, etc.
- Offshore jurisdiction is in the black list of many governmental and international organizations. This means that these countries pay more attention to the offshore companies.