Nevis International Companies
Some features of the Business Corporation Ordinance 2004 are:
- International companies can be incorporated with a single shareholder and single director. The director may be a natural person or a corporation.
- Every international company must have a President/Treasurer and a Secretary although one person is permitted to hold both offices.
- There are no minimum capital requirements and shares may be of no par value.
- Shares may be designated in most major currencies.
- Bearer shares are permitted but must be immobilized with a Nevis custodian (usually the Registered Agent) which custodian must ascertain the identity of the beneficial owner of the shares.
- An international company may be incorporated for any lawful purpose however companies which intend to carry on banking or insurance business must obtain the relevant licence (see below).
- A company may be incorporated as mutual fund under the International Mutual Fund Ordinance 2004.
- No details of principals or promoters of international companies, no annual returns and no audited accounts are required to be lodged with any authority in Nevis.
- International companies are specifically exempted from any tax or exchange controls.
- It is possible to re-domicile international companies both into and out of Nevis.
- An international company may purchase and cancel its own shares and redeem its own shares without maintenance of capital rules and without the need for a court order.
Please follow the links below for more information on Nevis companies: