The twin islands of
Nevis and St Kitts are an independent Commonwealth republic located in the Leeward
Islands region of the Eastern Caribbean. Boasting a low crime rate and high literacy
levels, St Kitts and Nevis has a well developed Financial Services sector relative
to its size (population of just 40,000). A former British colony, St Kitts and
Nevis gained independence from Great Britain in 1983 and retains a parliamentary
democratic system of government based on the Westminster system. With English
as its official language, good political stability and an English system of law
and justice, St Kitts and Nevis remains a popular choice of jurisdiction for discerning
Offshore investors. The Key features and benefits of incorporating an
IBC in St Kitts and Nevis are:
1. Political Independence: As an independent member of the Commonwealth,
St Kitts and Nevis is not facing pressure to dilute
their attractive privacy features
2. Zero Tax:
IBCs registered in St Kitts and Nevis are not liable to pay taxes of
any kind.
3. Assured Privacy: There
is no public register of Directors or Shareholders in St Kitts and Nevis.
4. Nominees Permissible: Nominee Shareholders and Professional Directors
are permissible in St Kitts and Nevis and another Company can act as Nominee.
5. Bearer Shares permitted: Bearer
shares are permitted in St Kitts and Nevis but must be held in safe custody by
an approved trustee. 6. Prompt registration:
Companies in St Kitts and Nevis can usually be incorporated within 48
hours Other features include:
 |
Minimal Paperwork – There is no requirement
to file an annual return nor for audited accounts to be kept for St Kitts and
Nevis Companies. |  | Good
Infrastructure – The government of St Kitts and Nevis has facilitated
substantial investment in infrastructure over the years and communications are
reliable. |  |
Financial
Stability - As a member of the Eastern Caribbean economic community St
Kitts and Nevis boasts a stable currency and no exchange control issues. |
 |
Flexibility
- Only one Director and Shareholder is required and board meetings can
be held anywhere in the world. |
Every effort has been made
to ensure that the details contained herein are correct and up-to-date, but this
does not constitute legal or other professional advice. We do not accept any responsibility,
legal or otherwise, for any error or omission. |