Sunday 22 June 2014

Why to form offshore in Nevis






In recent years, the small Caribbean island of Nevis has rapidly become one of the convenient and appealing Offshore Company Locations in the world through the enactment of the Nevis Business Corporation Ordinance Act 1984. The island’s authorities have made a Nevis Offshore Company an extremely attractive proposition due to simplicity and ease of formation and implementation. The foresight and forward-thinking attitude of the Nevis government towards the development and administration of the corporate registry enables complete cooperation and unrivaled dedication to those interested in investing or incorporation process in Nevis.


  • A Nevis LLC allows you to shield your assets from lawsuits, agencies, and financial creditors.
  • Owners are shielded from legal liability.
  • Owners can manage the company without becoming liable for company financial obligations or legal liabilities.
  • One big benefit is that it has members rather than shareholders. Therefore, there are not any shares that can be seized by a court of law.
  • A manager can have 100% control of the company.
  • The manager of the LLC does not need to have any ownership and yet can control the entire company and all of its assets.
  • The company can have as many members as one desires.
  • Any person or company can own the entity.
  • Nevis does not impose corporate tax, income tax, withholding tax, stamp tax, asset tax, exchange controls or other fees or taxes on assets or income originating outside of Nevis.
  • Members of LLCs may be individuals or business entities of any nationality or domicile.
  • Members may amend their Articles of Organization, merge, or consolidate with other domestic or foreign LLCs or other business entities.
  • Members of the offshore company may assign their interests to other parties unless restricted otherwise. Nevis permits single member LLCs.
  • Management of the companies may be by the members or by managers designated by the members.
  • There are no stock limitations and can issue preferred interests analogous to preferred stock of corporations.
  • It is an excellent vehicle if used by a group of investors for a joint venture investment. In this respect it functions as if it was a Limited Partnership, but with all the added liability protection features and advantages of a corporation.
  • It can be set up within 24 hours and has low initial cost and low annual fees.

All of the aforementioned benefits are evident when considering forming a Nevis IBC or a Nevis Offshore Company on the island. This offshore financial centre provides a stable, convenient and discreet location in which to do business when the use of an offshore jurisdiction would be beneficial or essential, whether for tax or asset protection reasons.


Global Company Formation UK Ltd 
Suit 6-Westward House
Glebeland Road Camberley
Surrey, GU15 3DB

Tel: 02079935929
E  :info@globalcompanyformation.co.uk
W :www.globalcompanyformation.co.uk

Welcome to Global Company Formation 

We offer formation advice to start up business globally. We advise you of the mode of start up like limited company, partnership, sole trader, trust and which is more suitable to your business. Our professional team consists of Lawyers, Chartered Accountants & Business Consultants in all major jurisdictions across the globe. We guide you to the country of formation on the basis your domicile status, double taxation agreement, international plan and repatriation rule of the each country. Now you can form your business anywhere in the world with us and we care your business.

Mathew Stephen FCA, AAIA, CeFA

Mathew Stephen is the founder Director of Global Accountancy Services. He isa qualified accountant from the Association of International Accountants in the UK and the Institute of Chartered Accountants of India. He is also one of the partners of international Chartered Accountants firm P. Parikh & Associates. He has 20 years’ experience in accounts, business consultancy, taxation & statutory audit. He is also a UK Independent Financial Advisor (IFA) and CeFA qualified at the IFS School of Finance.

He has won the Online Technology Award in two consecutive years, 2011 and 2012, from the Tenet Network. He specialises in Global Company Formation, International Taxation and also as Corporate Protection Advisor to the directors of Limited Companies.

 



No comments:

Post a Comment