Advantages of Nevis company registration:
- Advanced liberal laws with a flexible offshore regime.
- Full confidentiality of beneficiaries and management.
- Nevis does not recognise court decisions of other jurisdictions and information may be disclosed to third parties only by the decision of the Supreme Court.
- A high degree of asset protection from litigation and creditors.
- A straightforward and fast company incorporation process and the presence of the beneficiary is not necessary.
- There are no requirements for minimum share capital which can be denominated in any currency.
- Companies may be set up with just one shareholder who can be resident of any country and could be either a natural person or a corporation.
- Nominees can be provided (director and shareholder).
- Officers are not liable for the business of the company.
- The possibility of a merger with local or foreign companies.
- No personal visit to the bank is required for the opening of a bank account.
- There is no exchange control.
- Bearer shares and shares without par value can be issued.
- Company administration is straightforward and does not require many staff.
- Meetings of shareholders and directors may be held via telecommunication in any part of the world.
- Offshore companies with no operations in Nevis are tax exempt as there is no corporate, income or property tax or stamp duty.
- There are no requirements for the preparation of financial statements or statutory auditing.
- Re-domiciliation is allowed from other jurisdictions with preservation of the name of the company.