Longitude and is located in the Leeward Islands approximately 2,000 km southeast of Miami. Mount Nevis lies in the centre of the 92 sq km Island and towers 985 metres. Columbus sighted and named the Island on his second voyage in 1493. The climate is nearly perfect and the variation in altitude and soil conditions creates a natural garden of tropical vegetation ranging from rain to near desert.

Corporate features

Type of CompanyNBCO
Political StabilityGood
Common or Civil LawCommon
Disclosure of Beneficial OwnerNo
Migration of Domicile PermittedYes
Tax on Offshore ProfitsNil
Language of NameLatin Alphabet
Minimum Number of ShareholdersOne
Minimum Number of DirectorsOne
Bearer Shares AllowedYes
Corporate Directors PermittedYes
Company Secretary RequiredYes
Standard Authorised Share CapitalNo
Registered Office/AgentAgent only
Company SecretaryNo
Local DirectorsNo
Local MeetingsNo
Government Register of DirectorsNo
Government Register of ShareholdersNo
Annual ReturnNo
Submit AccountsNo

Total tax exemption provided by law for NBCO companies. Legislation based on US Delaware Law with English conventions permitted.

Proof of beneficial ownership or management is difficult for lack of public disclosure requirement however law does provide for the voluntary disclosure of information.

Company law
Common law based on English Common Law. Nevis Business Corporation Ordinance in 1984.


Type of company for international trade and investment
Offshore Exempt Company (NBCO).

Procedure to incorporate
By submission of the Articles of Incorporation to the Registrar of Companies, together with the appropriate fee.

Restrictions on trading
A Nevis Company incorporated under the Business Corporation Ordinance 1984 may not trade within Nevis, or own real estate there. A company incorporated under the said Act may not engage in the business of banking, insurance, assurance, reinsurance, fund management, collective investment schemes or any other activity that would suggest an association with the banking or Insurance industries.

Powers of company
A company incorporated in Nevis has the same powers as a natural person.

Language of legislation and corporate documents: English

Name approval required: Yes

Shelf companies available: Yes

Time to incorporate
One day

Name restrictions
Any name that is identical to or similar to an existing company. Any name that in the opinion of the Registrar is undesirable or suggests an illegal activity or any name that may imply government patronage.

Language of name
May be in any language that uses the Latin alphabet. The Registrar may request an English translation if a foreign language name is used.

Classes of shares permitted
Registered shares, bearer shares, preference shares, redeemable shares and shares with or without par value.

Bearer shares permitted: Yes

A Nevis offshore exempt company is exempt from local taxation.

Double taxation agreements
Although Nevis does have double tax agreements, a company incorporated under the Nevis Business Corporation Ordinance 1984 cannot obtain any treaty relief through them.

Financial statement requirements
Whilst there is no requirement to submit or file audited financial statements, a Nevis company is required to maintain financial records to reflect the financial position of the company.

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