Nevis Overview

Nevis is an island in the Caribbean situated 220 miles southeast of Puerto Rico and 50 miles west of Antigua. The land area of the island is 36 square miles. Nevis is 7 miles long and 5 miles wide. The capital of Nevis is Charlestown. Nevis, along with Saint Kitts, forms the Federation of Saint Kitts and Nevis. The two islands are separated by a 2 mile channel called “The Narrows”.  Mount Nevis is situated in the centre of the island and is 3265 feet high.

The population is approximately 12000 people of which the majority are mainly of African descent.  English is the official language. Literacy is 98% which is one of the highest when compared with countries in the western hemisphere.

 

Nevis Companies Key Facts

  • The name of the company must end with one of the following suffixes: “Corporation” or “Corp”.; “Incorporated” or “Inc”.; “Société Anonyme” or “S.A”.; “Sociedad Anonima” or “S.A”.; “Besioten” “Vennootshcap” or “B.V”.; “Gesellschaft mit beschrankter Haftung” or “GmbH”; “Naamloze Vennootschap” or “NV”.
  • It takes approximately 2-5 working days to incorporate a Nevis company.
  • Under the Nevis Business Corporation Ordinance Act of 1984, offshore companies are exempted from all taxes and stamp duties.
    The standard share capital is US$100,000.00 divided into 100,000 shares of US$1.00. Shares can be issued with or without par value.
  • The minimum number of Shareholders is 1.  Corporate Shareholders is permitted.
  • Shareholders’ details are not disclosed on public file.
  • Bearer Shares are permitted but they must be held at the registered office.
  • The minimum number of Directors is 3 however fewer directors are permitted where there are less than 3 shareholders.. Corporate Directors are permitted.
  • Directors’ details are not disclosed on public file.
  • Shareholders and Directors can be the same.
  • The appointment of a Company Secretary is mandatory.
  • There is no requirement for filing annual returns or audited financial statements with the Nevis authorities.

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