A Nevis offshore corporation, also known as an International Business corporation (IBC), is a highly flexible jurisdiction for potential individuals and enterprises looking to incorporate offshore nevis. Nevis, along with St. Kitts, is part of the Leeward Islands in the Southern Caribbean; the two islands form the smallest state in the New World.
Nevis has a world-class infrastructure for corporate offshore services, as well as significant retirement and residency incentives in a beautiful tropical setting, making it an enticing environment for offshore firms. It possesses the world’s second most popular offshore trust because to its asset protection provisions and corporate laws.
Advantages of if you incorporate Nevis
Remote access
Banking, contract signing, and investment can all be done remotely while being in conformity with Nevis law.
Flexibility of ownership and management structures
There are no residency requirements for Directors, Shareholders, or Officers. Corporate or trust entities may serve as directors, secretaries, or shareholders.
Citizenship and Residential Options
Nevis provides citizenship chances through its Citizenship by Investment Program. Similarly, their Citizenship by Residency Program has been in place since 1984 and claims to have a very high approval rating, with the citizenship process lasting less than six months. Individuals who choose to take up residence are not subject to dual citizenship restrictions or tax requirements.
Confidentiality And Privacy
The government of Nevis has demonstrated a complete commitment to protecting the privacy and safety of persons engaged in lawful commercial activity. Unlike a number of other offshore countries, Nevis and St. Kitts have not been linked to reports of money laundering or tax evasion.
Tax incentives
If you incorporate offshore nevis, it is immune from taxation on income earned elsewhere in the globe other than Nevis.
There are no income taxes, estate, inheritance, gift, duty, or capital gains taxes. Similarly, no corporate tax, income tax, withholding tax, stamp tax, asset tax, exchange controls, or other fees or taxes are levied in Nevis on assets or income that originate outside of the island.
TBA provides a wide range of foreign fiduciary and financial planning services aimed at maximising and protecting individual wealth through the creation of tax-efficient overseas investment vehicles.
