Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Official language: English
Organizational and legal forms of companies:
Capital: Basseterre
Largest cities: Basseterre
Government: parliamentary monarchy
Legal system: Anglo-Saxon legal system
Currency: East Caribbean dollar
Offshore registration - cost and renewal, as well as additional services:
Jurisdiction Brief: Nevis is a secure jurisdiction with a high level of privacy. Opening an offshore Nevis can be quite simple. The main feature of Nevis is the fact that unique multifunctional funds can be opened here.
In what schemes it is usually used: Usually, holding companies are opened on the basis of Nevis.
List of banks in jurisdiction:
Prohibited activities: If you open an exempt offshore company in Nevis, then be prepared that it does not have the right to trade on the island or have any real estate on it. It is not allowed to engage in banking, trust, insurance, collective investment activities.
Taxation system: If the company's income was received outside the territory of the island of Nevis, then they are not taxed. But you need to pay the so-called fixed license fee, which goes to the country's budget (220 US dollars). Other companies pay income tax at the rate of 35%.
Filing requirements: There is no need to maintain and file accounting or financial statements.
Possibilities for immigration to the jurisdiction: To obtain a residence permit on the island of Nevis, you can take part in special investment programs.
Double Tax Treaties: Nevis has signed a double tax treaty with the UK only.
Tax Information Agreements:All information is fully protected by Law.
The following jurisdictions may also suit you: Offshore Panama
Our other offers:
Hungary – offshore or not?
The country does not have a reputation as an offshore zone, while taxes here are the lowest in Europe.
Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Briefly describe your task: the country, the business activity and the timing. That is enough for us to propose a solution and the order of work.
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Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.