Most relevant types of Corporate Entities in Nevis

GENERAL TERMS & CONDITIONS

1. Definitions
1.1 InterTrust – Corporate Solutions (Nevis) Limited refers to the global branding used by a network of independent companies offering corporate formation and related services. Each participating entity operates independently and does not act as an agent or representative of any other member, nor does it have the authority to bind or act on behalf of any other member, directly or indirectly, in any jurisdiction other than where it is incorporated.
1.2 The term InterTrust – Corporate Solutions (Nevis) Limited also includes its legal successors and assigns, and acts on behalf of itself as well as its appointed officers (defined below), employees, any companies under their direct or indirect control, and the directors or employees of such entities.
1.3 InterTrust Officers refers to individuals or companies appointed by InterTrust to serve from time to time as directors, alternate directors, secretaries, assistant secretaries, managers, partners, accountants, VAT agents, trustees, protectors, bank signatories, administrators, registered agents, providers of registered offices, or registered shareholders of a company, including their employees and associated entities and personnel.
1.4 Company means any company, trust, partnership, or other structure formed and/or administered by InterTrust at the request of the Owners (as defined below).
1.5 Services refers to all management, administrative, or related services provided by InterTrust and/or its Officers as requested by the Owners or their Appointees, including activities necessary to maintain the Company’s good standing in its jurisdiction of incorporation.
1.6 Owners means the ultimate beneficial owner(s) of the Company. In the case of individuals, this includes their heirs, representatives, and assigns. Where there are multiple owners, the term applies jointly and severally, including surviving parties and their successors.
1.7 Managing Agent refers to any person authorised by all Owners to issue instructions to InterTrust regarding the Company.
1.8 Owners’ Appointees are any persons (not InterTrust Officers) who may be appointed or act in roles such as Managing Agent, director, secretary, manager, partner, trustee, bank signatory, attorney-in-fact, administrator, registered agent, or registered shareholder of the Company.
1.9 Terms of Business means this document, or any updated terms published on InterTrust’s website or communicated to the Owners or their Appointees.
1.10 Illegal Activities includes any unlawful acts, notably those related to terrorism, drug trafficking, money laundering, handling criminal proceeds, or engaging with embargoed nations as identified by the UN, EU, or UK.
1.11 Prohibited Persons include individuals who:

• Are legally incapacitated or underage.
• Are undischarged bankrupts or otherwise barred from acting as company directors.
• Have been convicted of criminal offences (excluding minor traffic violations).
• Have committed fraud or dishonesty in civil proceedings.
• Reside in sanctioned or embargoed countries.

1.12 Prohibited Activities include but are not limited to:
Involvement with weapons, mercenary services, surveillance equipment, hazardous materials, organ trafficking, abuse of rights or animals, pornography, surrogate arrangements, diploma mills, and pyramid or timeshare schemes.
Offering public investment advice or managing third-party funds.
Conducting regulated financial services without proper licensing.
Any activity that could harm the reputation of InterTrust or the jurisdiction of the Company.

2. Unacceptable Business
If any Owner or Appointee becomes a Prohibited Person, engages in Illegal or Prohibited Activities, or if the Company does so, InterTrust may immediately terminate services and take necessary actions as outlined in Clause 8.4.

3. Warranties
3.1 Owners confirm they are the ultimate beneficial owners of the Company and are not acting on behalf of another party.
3.2 Owners warrant that they and their Appointees:

• Will comply with these Terms of Business.
• Will consent to appointments and understand their legal obligations.
• Have obtained appropriate legal and tax advice.
• Authorise InterTrust to rely on communications from the Owners or Managing Agent for service administration.

4. Indemnity
The Owners, on their own behalf and on behalf of their Appointees, agree to fully indemnify InterTrust and its Officers against:
4.1 Any claims, expenses, or liabilities arising from the Company’s operations or services provided.
4.2 Any act or omission by InterTrust or its Officers, except for death or injury caused by negligence or fraud.
4.3 Failures to act on instructions due to non-receipt or ambiguity.
4.4 Losses due to use of fax, email, or electronic communications.
4.5 Any fines, penalties, or costs incurred by the Company or related parties.
4.6 Service delays or failures due to force majeure events (e.g., natural disasters, strikes, war, system failures). InterTrust will notify Owners promptly and may terminate the agreement if such events persist beyond 14 days, with pro-rated refunds issued for unused services.

5. Limitation of Liability
InterTrust and its Officers shall not be liable for any loss or damage incurred by the Owners, Appointees, the Company, or third parties related to the Company’s formation or operation.
Use of InterTrust’s website is on an “as-is” basis, with no warranties or guarantees of availability, security, or freedom from harmful content. InterTrust is not liable for content on third-party websites linked to or from its own.
Nothing herein limits liability for death or personal injury due to negligence.

6. Owners’ Obligations
6.1 Owners must provide 90 days’ written notice to discontinue services.
6.2 Written approval from InterTrust is required before changing beneficial ownership or appointing new Appointees. Relevant documentation, including certified identification and proof of address, must accompany such requests.
6.3 Owners and Appointees must:

• Promptly notify InterTrust of any matter affecting the Company or service provision.
• Disclose intended business activities and obtain prior written approval for material changes.
• Seek approval before making public announcements or advertisements.
• Guarantee payment of all related fees and expenses.

7. Additional Obligations (Where InterTrust Officers Are Appointed)
7.1 Owners must ensure the Company is sufficiently funded to meet its obligations and must inject funds upon request.
7.2 Owners and Appointees must:

• Notify InterTrust of any significant matters affecting the Company.
• Provide requested information to assist in financial reporting.
• Disclose all transactions or assets involving the Company.
• Obtain written consent before transferring or encumbering ownership interests.
• Act in good faith under powers of attorney, maintain accurate records, and disclose conflicts of interest. Improper actions may be reversed, and grantees held fully liable.

8. Instructions and Requests
8.1 All instructions or requests to InterTrust – Corporate Solutions (Nevis) Limited or its Officers must be submitted in writing, either by letter or facsimile. Such requests will only be considered if they are signed by all Owners or by the Managing Agent.
8.2 The Owners acknowledge that InterTrust – Corporate Solutions (Nevis) Limited must comply with regulatory and legal obligations applicable in the jurisdiction where services are provided and where the Company is incorporated or established. Any actions taken by InterTrust – Corporate Solutions (Nevis) Limited or its Officers to comply with such laws and regulations shall not be considered a breach of its obligations under these Terms.
8.3 InterTrust – Corporate Solutions (Nevis) Limited and its Officers are not required to take any action they believe to be unlawful, improper, or likely to result in personal liability. The Owners, their Appointees, and the Company agree that InterTrust – Corporate Solutions (Nevis) Limited shall not be held liable for refusing to take such actions.
8.4 If, under these Terms or upon request from InterTrust – Corporate Solutions (Nevis) Limited or its Officers, no instructions are received within 30 days (or within a shorter period specified in urgent situations), InterTrust – Corporate Solutions (Nevis) Limited or its Officers may, without liability:

• refrain from taking any action on the matter,
• cease all services to the Company, the Owners, and/or their Appointees, or
• take any other action they deem appropriate, including those advised by legal counsel.

The Owners irrevocably agree and consent that, if InterTrust – Corporate Solutions (Nevis) Limited Officers serve as directors, managers, trustees, or protectors of the Company (as applicable), they may take steps deemed necessary without further notice. This may include:

• dissolving, striking off, or liquidating the Company,
• resigning as Officers,
• transferring Company ownership to the Owners,
• appointing the Owners to key roles within the Company, or
• any other action they consider appropriate.

9. Corporate Responsibility
InterTrust – Corporate Solutions (Nevis) Limited is committed to acting responsibly and ethically, with a strong focus on corporate governance, environmental sustainability, and the well-being of our staff, clients, and broader community.
We aim to be recognised for our excellence in global corporate services, supported by our team of skilled, multilingual professionals. We understand the importance of addressing the concerns of our stakeholders—including regulators, shareholders, and the international community.
This website serves to demonstrate our ongoing commitment to corporate responsibility and to keeping stakeholders informed about our services and values.

10. Updates and Changes
10.1 The content of our website is continuously updated and improved. We reserve the right to modify or temporarily/permanently remove the website or any part of it without prior notice. You agree that we shall not be held liable for any resulting changes or removals.
10.2 We may update these General Terms and Conditions and any applicable Specific Terms at any time. By using the website or purchasing our services, you agree to check for updates and accept any changes made.

11. Copyright and Trademarks (Intellectual Property)
All materials on the website, including text, graphics, layout, and software code, are the property of their respective owners. Trade names and trademarks (registered or otherwise) also remain the property of their respective owners.
You may view and temporarily store pages in your browser’s cache and print a single copy for non-commercial, personal use. You may not sell or redistribute any website content unless explicitly permitted under a product or service agreement.

12. Address and Renewable Services
We offer Registered Office, Mail Forwarding, and Service Address options on our website, provided either directly or via third-party “Address Providers.”
By accepting these Terms, you authorise us to file necessary statutory forms on your behalf to establish or terminate address-related services, including in cases of non-payment, expired terms, or non-compliance with Anti-Money Laundering procedures.
Mail Forwarding addresses must not be used as trading addresses. They are for correspondence only. You may not use them for credit agreements, phone contracts, or similar arrangements.
You must not use any address for illegal, defamatory, immoral, or obscene activities.
Parcels or couriered items will only be accepted with prior agreement, and additional charges may apply.
The Address Provider will not disclose or use your private address except as agreed in this contract or where legally required. They will comply with GDPR and cooperate with authorised data access requests.
You indemnify the Address Provider against any liability, cost, or claim arising from your misuse of the address service.
By using this service, you authorise us to receive, sort, and forward your mail. We are not liable for delays or losses caused by the Address Provider or its employees.
Renewal fees will be automatically charged to your payment method on record. Notice of intent to renew will be provided, and you may cancel at any time before the renewal date.
If you do not renew a Registered Office or Director Service Address, you authorise us to change the address to your residential address (or other address you’ve provided). If no local address is available, we may request the Registrar to remove our address. Such updates will be made public.
We are not responsible if the Company is struck off due to your failure to meet statutory obligations after services have been cancelled or expired.

13. Payment of Fees
13.1 Ownership of a Company is not transferred to the Owners until full payment has been received. Once an order is processed, no refunds will be issued, even if services are later terminated.
13.2 Services will not be provided until all related fees and expenses have been paid in full and in advance.
13.3 The Owners irrevocably authorise InterTrust – Corporate Solutions (Nevis) Limited to deduct fees and expenses from any funds held on behalf of the Company or the Owners.
13.4 If services are terminated or the Company is no longer needed, the Company or Owners must reimburse all related costs and pay any fees associated with dissolution, transfer, or appointment of new service providers.
13.5 Fees are outlined in InterTrust – Corporate Solutions (Nevis) Limited’s current Fee Schedule, which may be updated from time to time. Updates will be published online or otherwise communicated to the Owners.
13.6 If any fees remain unpaid for more than 60 days, InterTrust – Corporate Solutions (Nevis) Limited may, at its discretion:

• terminate services,
• recover fees from Company or Owner assets, and/or
• act in accordance with Clause 8.4.

13.7 Unless otherwise agreed in writing, no interest will be paid on any funds held on behalf of the Company or the Owners.
13.8 InterTrust – Corporate Solutions (Nevis) Limited and its affiliated entities may retain commissions or fees earned in connection with services, even if such payments arise from actions taken on behalf of the Owners.
13.9 If a request is made to transfer the Company to another agent or provider, InterTrust – Corporate Solutions (Nevis) Limited will not proceed until all outstanding fees, including third-party and transfer fees, have been fully paid.

14. Confidentiality and Privacy
14.1 InterTrust – Corporate Solutions (Nevis) Limited and its Officers will make all reasonable efforts to maintain the confidentiality of information received from the Owners, their Appointees, or the Company.
14.2 We collect and use personal data to provide services, share relevant information, and market related offerings. Personal data is protected from unauthorised access and will not be shared, sold, or distributed outside InterTrust – Corporate Solutions (Nevis) Limited, except as permitted by these Terms. You acknowledge and consent to potential international data transfers, even to jurisdictions with lower data protection standards.
14.3 Confidential and personal data may be disclosed where legally required or where necessary to provide services. If instructions are not obtainable and disclosure is deemed to be in the Company’s or Owners’ best interest, we may proceed accordingly.
14.4 Without breaching confidentiality, InterTrust – Corporate Solutions (Nevis) Limited and its Officers reserve the right to act for other clients, including competitors.
14.5 All reports, advice, or communications provided by InterTrust – Corporate Solutions (Nevis) Limited are confidential and must not be disclosed without prior written consent.
14.6 InterTrust – Corporate Solutions (Nevis) Limited and its Officers are authorised to open, read, and copy all communications received on behalf of the Company, the Owners, or their Appointees.

15. Due Diligence
15.1 Prior to requesting any Services from the Agent, the Intermediary must obtain and retain the following due diligence documentation for the Client and any individual or entity directly involved in the Company (e.g., shareholders, directors, signatories, attorneys-in-fact, or persons in equivalent roles), unless such individuals or entities are already known to the Agent:
A certified true copy of a current passport, including the signature page. Certification must be provided by a notary public, barrister, solicitor, consular officer, bank official, or similarly qualified person. The copy must be of sufficient quality to clearly identify the passport holder. Upon expiration of the passport, the Intermediary must provide a certified copy of the new passport.

15.2 Before Services can be provided, the Intermediary shall deliver to the Agent an Order Form along with a complete set of the due diligence documents described above. These may be sent via any communication method except fax. If requested by the Agent, the Intermediary shall also provide additional background and activity details of the Client.
15.3 The Intermediary must maintain up-to-date contact details for the Client at all times, including residential and mailing addresses, telephone and fax numbers, and email address.
15.4 Where the Client is a corporation or part of a group of interrelated corporations (e.g., through shareholding links), due diligence must also be conducted on all private individuals who are the ultimate beneficial owners of the group. This requirement does not apply to Clients that are publicly listed companies.
15.5 The Intermediary is required to retain the Due Diligence Information for a minimum of five (5) years following the termination of the business relationship with the Client.
15.6 If required by law, the Intermediary shall supply original due diligence documents to the Agent within five (5) business days of receiving such a request. The Intermediary confirms that no legal or confidentiality restrictions prevent it from providing these documents to the Agent.
15.7 The Intermediary shall not deliver any Services to third parties for resale unless those third parties are subject to the same due diligence requirements as outlined herein.
15.8 Before any Services are rendered by the Agent, the Intermediary must also provide original due diligence documents on itself. This obligation applies at the outset of the relationship and must be updated as necessary to reflect any material changes to the Intermediary’s structure or organisation.

16. Company Protection Measures
When InterTrust – Corporate Solutions (Nevis) Limited provides its officers to the Company, both the company and its officers reserve the right to take any action they deem appropriate to safeguard the Company’s assets and interests. This may include obtaining professional advice at the Company’s expense, where considered necessary by InterTrust – Corporate Solutions (Nevis) Limited or its officers.

17. Termination of Services
17.1 InterTrust – Corporate Solutions (Nevis) Limited and its officers may, without prior notice, cease providing Services if:

17.1.1 The Owners or their Appointees breach these Terms of Business;
17.1.2 The Company is engaged in activities not disclosed in the original application or not subsequently approved in writing by InterTrust – Corporate Solutions (Nevis) Limited;
17.1.3 Following the death of any Owner or Appointee, a suitable replacement is not nominated within a reasonable timeframe;
17.1.4 In cases of joint ownership, the death of any one Owner is not addressed by appropriate succession planning;
17.1.5 Where InterTrust – Corporate Solutions (Nevis) Limited provides officers, those officers resign or if legal action (including injunctions or investigations) is initiated against the Company.
17.2 In any such instance described above, InterTrust – Corporate Solutions (Nevis) Limited may take actions as permitted under Clause 8.4 and may treat these Terms of Business as terminated without further obligation.
17.3 InterTrust – Corporate Solutions (Nevis) Limited may also terminate Services at its sole discretion by giving thirty (30) days’ written notice to the Owners or Managing Agent.
17.4 The Company, its Owners, and their Appointees acknowledge that InterTrust – Corporate Solutions (Nevis) Limited and its officers may have continuing legal or fiduciary duties. Consequently, the company and its officers may continue providing Services solely to fulfil such obligations, for which regular charges will apply.

18. Interpretation
The provision of Services and the establishment of the Company by InterTrust – Corporate Solutions (Nevis) Limited or its officers must not be interpreted as approval, endorsement, or facilitation of any illegal activity or omission, directly or indirectly, in any jurisdiction.

19. Notices
Any notice given under these Terms of Business shall be deemed served as follows:

• Personal delivery: upon delivery.
• UK letter post: 3 days after posting.
• Courier: 5 days after dispatch.
• Airmail: 8 days after posting.
• Letter post outside the Isle of Man: 15 days after posting.
• Facsimile: at the time of dispatch.

20. Miscellaneous
20.1 These Terms of Business override all previous agreements or terms, whether oral or written, on the same subject matter.
20.2 No delay, omission, or partial exercise of any right or remedy shall constitute a waiver thereof.

21. Governing Law
These Terms of Business shall be governed and interpreted according to the laws of England and Wales. The Owners, their Appointees, and—where applicable—the Company shall submit to the exclusive jurisdiction of the courts of England, Cyprus, or any other relevant jurisdiction as determined by InterTrust – Corporate Solutions (Nevis) Limited.