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Nevis
Jurisdictions

Location
islands in the Caribbean Sea, 225 miles from Puerto Rico
Area
93 sq. km.
Population
9 000
Capital
Charlestown
Language
English
Currency
East Caribbean dollar; 1 USD = 2,7 XCD
Legal system

based on English
Common law

Type of company

Business Corporation, Limited Liability Company (LLC)

Minimum authorised share capital

not fixed, standard USD 10,000

Paid capital
not fixed
Minimum number of shareholders
one, individual or corporate, resident or not
Minimum number of directors
one (depending on the number of shareholders), individual or corporate, resident or not
Nominee services
available
Bearer shares

available (but should be kept with the registered agent)

Public disclosure of shareholders
no
Taxation

annual license fee of 200$

Submit annual return and accounts
no
Annual audit

not required

Shelf companies
available
Time to supply documents
shelf companies – 1 hour, tailor made - 2 weeks
Need to travel
no
Additional information

Hague Convention 1961 applies

 

Jurisdictions

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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
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tel.+44 207-002 1304, +44 207-002 1305, E-mail: gsl@gsl.co.uk
G.S.L. Law & Consulting