The so-called Nevis Corporation was established by the Nevis Business Corporation ordinance of 1984 and is described by many international lawyers as the most flexible offshore centre
Nevis
Nevis
The features of a Nevis Corporation are based on British company law
- Strict confidentiality of economic ownership
- Tax exemption at large and no currency control
- No financial or annual reports that have to be submitted
- No residence obligation for directors
- Main files and office can be located outside Nevis
- No income taxes, social security contributions, capital gains tax with holding and stamp taxes
- There are no gift, death, dividend, distribution or inheritance taxes
- There is no need for a business licence
- The names of directors and members will not be published
- Civil lawsuits become time-barred after one year
