Nevis as an Offshore Jurisdiction
The legal system on Nevis is based on English Common Law served by a high court of justice, a Court of Appeal and her Majesty's Privy Council in London. St. Kitts and Nevis has agreed to be included in the Caribbean Court of Appeals Circuit. The Nevis Limited Liability Company Ordinance of 1995 is a modern and comprehensive statute which includes many of the provisions found in Nevada LLC's. Download the
Nevis LLC Company Ordinance.
The most important Asset Protection features that are similar to Nevada are:
- The "Charging Order Protection".
- Creditor that obtains a "Nevis Charging Order" will be subjected to US Taxation
- Similar Taxation Options to US Companies
- The ability to have only one member
- Nevis will not respond to a supeona issued by a court other than a Nevis Court
- Nevis will not co-opporate with Authorities of any country unless it involves a crime
This package was created primarily for extreme high risk businesses and "bullet proof" asset protection: Examples are e-mail marketing companies (considered "spamers" by some) and e-commerce sites selling dietary supplements. The owners/operators of these types of businesses face a constant threat of law suits that may include criminal charges. Asset protection uses include holding assets such as high risk Intellectual Property and high risk Domain Names or Web Sites or "liquid assets" to be held outside of the jurisdiction of a U.S. court.
Offshore LLC Taxation
This package is not intended to assist U.S. persons in evading U.S. income tax. The service includes obtaining an IRS Tax I.D (EIN). for the Nevis LLC as well as electing "Foreign Disregarded Entity (FDE)" Status, so it is ideal if there is only one member.
Once the Nevis LLC obtains FDE status, there is simply one additional form to file along with the member's tax return each year and the usually necessary "controlled foreign corporation or partnership" tax return and other complicated filings required by U.S. owners are completely unnecessary. No need for any "tax evasion" concerns and you may operate your company and protect your assets "with extreme prejudice!"
In the event that multiple members are required, FDE status is NOT possible (without incorporating a second Nevada company) so you may wish to consider an alternate corporate structure. If you proceed, the LLC can be taxed as a "Foreign Corporation" or as a "Foreign Partnership", either way, please be forewarned that the IRS reporting requirements are EXTREMELY demanding, time consuming and will be expensive to prepare.
Nominee Nevis Management
Even though the manager of a Nevis LLC is not public record in Nevis, we include our "Nominee Nevis Manager Service" so that documents/contracts or even Tax returns can be executed by the manager (a Nevis LLC) for the ultimate in privacy.
Identification Requirements
In order to proceed with the formation of an Offshore LLC we must meet the international legal requirements regarding "money laundering" and the "know your client" laws of Nevis. You will need to provide copies of your ID or Passport.
The Package
By packaging and automating services rather than providing countless "custom" services, we have been able to provide a comprehensive yet inexpensive package that is unmatched in the industry. This is the ultimate offshore package and is everything you always wanted but were afraid to ask for! A comprehensive list of services with no setup fees or long contracts! A total package value worth thousands of dollars - available at only US$1000.00 annually (plus $220.00 Annual Nevis Govt. filing fee)
Nevis LLC Package (First Year) includes:
- LLC Articles filed in Nevis (E. Caribbean)
- Nevis Issued "Certificate of Formation"
- Nevis Government Registration Fee
- Nevis Registered Agent Service
- Nominee Nevis Manager Service (Maximum Privacy) more
- Nominee Nevis Company Secretary
- "Operating Agreement" Preparation & Minutes
- Confidential Nevis Mail Receiving/Forwarding Service
- Nominee U.S. Federal Tax I. D. (no SSN required)
- IRS election as a FDE (Tax ID of Member required)
Nevis LLC (Renewal) Package includes:
- Nevis Registered Agent Service
- Annual Nevis Government filing ($220.00 additional)
- Annual LLC "Corporate Record minutes" Service
- Nominee Nevis Manager Service (Maximum Privacy) more
- Nominee Nevis Company Secretary
- Confidential Nevis Mail Receiving/Forwarding Service
