The Future Of Nevis As An International Financial Centre

Nevis is a modern, forward-thinking financial centre located within the Eastern Caribbean. It has a unique history of legislative and fiscal independence and is at the forefront in providing practical solutions to an increasingly mobile and international client base.

Nevis has developed a number of attractive options, over the years, to meet corporate and individual needs, allowing clients to organise their affairs in an efficient and confidential manner.

WHY CONSIDER USING NEVIS?

IMPORTANT RECENT DEVELOPMENTS AND THE FUTURE

The Government of Nevis are exploring ways in which Nevis IBC's and LLC's can operate tax efficiently, in the future, as long as they do not undertake business within the Federation of Nevis.Dixcart has a limited number of available 'shelf' companies that were incorporated in December 2018, and which offer tax exemption under the 'Grandfathering Act'.Under the amendments Nevis IBCs and/or LLCs, incorporated prior to the start of 2019 and not directly operating a business in Nevis, were granted a period of adjustment. These companies retain their tax exempt status until June 2021.Since, 1st January 2019, Nevis IBC's and LLC's have therefore been subject to Federal Corporate Tax. This decision was taken following consultation and at the direct request of the European Union and OECD, to assist with tax harmonisation. In late 2018, the Government of Nevis amended its International Business Corporation (IBC) and...