Company formation in Nevis

• Owners who need a holding or contracting company and can explain its purpose to a bank.
• Founders choosing between an LLC run by members or managers and a corporation with shares and a board.
• Owners prepared to document where the company is managed, because that decides its tax residence in St Kitts and Nevis.

• Passport and proof of address for each member, manager, director, shareholder and beneficial owner.
• A description of the activity, customer countries and expected payments.
• An ownership chart and, for an LLC, whether members or managers will run it.
• Source-of-funds evidence.
• For a corporate owner: registry documents and signing authority.

• A Nevis company pays no tax anywhere. The old exemptions ceased no later than 30 June 2021. A company managed from St Kitts and Nevis is taxed there on worldwide income, and your own country applies its rules.
• Nobody knows who owns a Nevis company. The registered agent must hold ownership and control information, and a corporation keeps a register of shareholders.
• The registered agent manages the company. Filing and secretarial work by the agent is not management. The people who make the strategic decisions manage the company.

• A late annual renewal: Nevis adds USD 200 within six months and USD 400 after that.
• Strategic decisions taken in St Kitts and Nevis without a tax plan, which can make the company resident there.
• A bank that excludes the activity, the owners’ countries or the jurisdiction.
• Losing the registered agent: the fee regulations set a USD 500 penalty for failing to designate a new one.

A Nevis company goes through our local partner. We quote the price for your case on request, and the written offer lists what is included and what is charged separately. If the choice needs analysis first, a 60-minute consultation costs EUR 100 and is credited to our formation fee if you order the formation within 60 days.

A Nevis LLC has at least one member, can be run by members or managers and needs no officers or initial capital. A corporation has shares and at least one director, and its shareholders, directors and officers may be of any nationality. The right choice depends on your investors, your bank and the tax rules where you live.

Not by default. The Nevis Business Corporation Ordinance ends the old exemptions no later than 30 June 2021, and the Nevis Island Administration announced in 2018 that entities formed after 31 December 2018 would not benefit. A company is resident in St Kitts and Nevis if its central management and control is there.

The government’s annual renewal fee is USD 300 for both an LLC and a corporation. Paying late adds USD 200 within six months and USD 400 after that. These fees come from the regulations in force since 1 April 2025; the registered agent’s annual fee is separate.

No. The registered agent must hold information on who owns and controls the company, and a corporation keeps a register of shareholders. Financial institutions in St Kitts and Nevis file reports under the OECD Common Reporting Standard by 31 May each year.

No. The bank assesses the jurisdiction, the activity, the owners’ residence and the source of funds. Banking support is a separate service priced from EUR 300 to EUR 3,000, excluding bank deposits and the institution’s own fees. The bank decides on the account; our fee covers the agreed work.

It depends on your tax residence, where you and any staff do the work, and the rules of your country, including any rules on foreign companies. The Nevis residence test does not decide how your country treats the company. Ask a tax adviser in your country of residence before the company starts invoicing.