Nevis does not require a minimum authorized capital for its corporations.
Nevis allows bearer shares with the approval of the Regulator, that is, the Registrar of Corporations. The registered agent holds the bearer certificates for the owner. Plus, they will maintain a register of each bearer share. Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). The Nevis Nevis Financial Services Regulatory Commission performs inspections to make sure the agents comply.
A Nevis corporation has two options when it comes to management of the company. The company can choose to be governed by either its shareholders or appointed managers. Therefore, the number of managers depends on how the company’s Articles of Organization are composed.
Nevis corporation managers do not have to be shareholders. Managers can live anywhere in the world. Also, either private persons or corporations can be named as Nevis corporation managers. Furthermore, nominee managers may be appointed for increased privacy.
Nevis corporations must provide a minimum of one shareholder. Shareholders can live anywhere in the world, and also can be either private persons or corporations. Furthermore, nominee shareholders are allowed in Nevis for additional privacy, should the company elect this option.
Nevis corporation is private and confidential. For Instance, names of corporate managers, directors, and shareholders are not required to be filed with the Nevis Registrar of Companies. Thus, these names stay private and are never made known to the public.
Nevis corporations are exempt from both income taxes and capital gains taxes. withholding tax and all stamp duty. Your company will be exempt from all estate, inheritance or succession tax.
Nevis corporations are not required to keep accounting and auditing records. The corporation has freedom to decide how to maintain its own records.
Every Nevis corporation must appoint a local registered agent who is pre-approved by the Nevis government to serve as a registered agent and have a local office address to accept service of process and official notices. However, a Nevis corporation can have its main office anywhere in the world.
Double Taxation Agreements
Nevis is party to double taxation treaties with Denmark, Norway, Sweden, Switzerland, the United Kingdom and the United States of America (limited to social security benefits).