Incorporate Offshore Companies of Nevis With the Help of ISOG Lawyer.
Nevis is located in the northern part of the Leeward Islands in the eastern Caribbean and located 210 miles east of Puerto Rico and 1,100 miles from Miami. There is an estimated population of 40,000. The official language is English and its currency is the Eastern Caribbean Dollar (ECD). The primary industry is tourism. This Island has a democratic government based upon the British Parliamentary System. The United Kingdom is responsible for the defense and foreign affairs of Nevis.
Offshore companies can carry out the same types of business as onshore companies and the liability of its shareholders is generally limited to the amount of capital they have invested into the company.
The tax rate applied by the government in the jurisdiction in which an offshore company is incorporated is very low if not zero. In some jurisdictions, offshore companies offer a high level of confidentiality which onshore companies do not have.
Usually an offshore company cannot operate in the jurisdiction where it has been incorporated. An exception is Panama, where an anonymous company can at the same time operate offshore at a zero tax rate and onshore at the local tax rate.
The formation of an offshore company is quite simple, as well as its management and administration, but it requires some planning. In fact, a company does not need to be administered in the country of its incorporation.
What you need to think about is the objectives you want to achieve by setting up an offshore company: Do you need confidentiality?; Do you need to operate freely in European countries?; Do you need to operate in countries which have a double taxation agreement in place?; or Do you need to protect your company assets from confiscation or expropriation orders or similar actions by foreign governments?
- Tax-exempt from income, estate and corporate taxes
- Developed as trustee without licensed in Nevis
- Confidentiality on directors and shareholders information
- Based on English Law
- Free of requirements for filing annual reports with any government authority
- British dependent territory
- Neutral tax jurisdiction
- Regulated financial services industry
- Expedite redomiciliation service
|Type of company||BC|
|Companies Law||British Corporation Ordinance, 1984|
|Bearer Share Permitted||Yes (Restricted Mobility)|
|Minimum License Fee||USD 220|
|Disclosure of Ownership||No|
|Corporate Seal Required||Yes|