Key Benefits – Nevis — Interstatus – Group of Companies Key Benefits – Nevis – Interstatus – Group of Companies

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.