Why Incorporating in Nevis
Most Relevant Advantages
Incorporating in Nevis has become a preferred choice for international entrepreneurs and investors due to its numerous strategic advantages.
Below are some of the key reasons why Nevis is a favored jurisdiction for incorporation:
Robust Asset Protection
Nevis offers strong legal safeguards, including limited liability and charging order protection, which significantly limit creditors’ access to company assets.
Nevis LLCs are highly resistant to legal claims—creditors must typically post a substantial bond (often exceeding $100,000) before initiating legal action.
High Level of Privacy
Nevis does not mandate the public disclosure of directors, shareholders, or beneficial owners, making it an ideal location for those prioritizing privacy and anonymity in corporate matters.
Tax Advantages
Companies and LLCs registered in Nevis are not subject to local taxes on income earned outside the jurisdiction.
There are also no capital gains, inheritance, or wealth taxes.
Stable Political and Legal Environment
As part of the Federation of St. Kitts and Nevis, the jurisdiction benefits from a stable political climate and a legal system rooted in English common law—providing confidence and reliability for offshore structuring.
Streamlined Incorporation Process
Forming a company in Nevis is quick and efficient—often completed within 24 to 48 hours.
There are minimal setup requirements, such as only one member and one manager needed for an LLC.
Flexible Business Structures
Nevis LLCs offer adaptable management and ownership options.
They can be managed by members or appointed managers, and all positions can be held by non-residents.
Ideal for Global Business Operations
Nevis entities are well-suited for holding assets, managing investments, protecting intellectual property, and estate planning.
They are also eligible to open international bank accounts and conduct cross-border business activities with ease.
Tax Advantages
Incorporating in Nevis provides numerous tax benefits, especially for international entrepreneurs, investors, and those focused on asset protection. Key tax advantages include:
No Corporate Income Tax
Nevis does not impose taxes on corporate earnings generated outside its jurisdiction.
Offshore companies and LLCs conducting international business pay no income tax in Nevis.
No Capital Gains Tax
Gains from the sale of assets such as real estate, stocks, or other investments are exempt from taxation in Nevis.
No Withholding Taxes
Nevis does not withhold taxes on payments of dividends, interest, or royalties made to non-resident recipients.
No Personal Income Tax on Foreign-Sourced Income
Individuals who qualify as non-residents are not subject to personal income tax on income earned outside Nevis.
No Inheritance, Estate, or Gift Taxes
The jurisdiction does not levy taxes on inheritances, estates, or gifts, making it favorable for wealth transfer and estate planning.
No Wealth or Net Worth Taxes
There are no taxes on global assets or personal wealth held offshore.
Low Annual Fees
Instead of taxes, companies pay a fixed annual government fee that is modest and predictable.