Company formation in Nevis is very straightforward. Eltoma require the following to proceed:
- A completed Company Registration Application Form
- A copy of the passport of the Beneficial Owner, Director and Shareholder
- A recent utility bill (under 3 months old) for the Beneficial Owner, Director and Shareholder
Summary of Requirements for a Nevis LLC, IBC
| General Information | |
| Type of Company | Limited Liability Company |
| Timescale to incorporate | 3 working days |
| Corporate Taxation | Nil |
| Double Tax Treaty Access: | None. Although Nevis does have double tax agreements an LLC cannot obtain any tax relief through them. |
| Directors | |
| Minimum No. Required | 1, Corporate Directors are permitted |
| Local Director Required | No |
| Publicly accessible information | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum No. Required | 1, 100% foreign shareholders allowed |
| Publicly accessible information | No |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | No |
| Local Secretary Required | N/A |
| Registered Office / Agent Required | Yes |
| Share Capital | |
| Standard Currency | USD |
| Standard Authorised | USD 100,000 |
| Minimum Paid Up Capital | N/A |
| Accounting & Compliance | |
| Requirements to prepare Accounts | Yes |
| Requirement for Audit | No |
| Local Auditor Required | N/A |
| Requirement to File Accounts | No |
| Requirement to file Annual Return | No |