What Does This Jurisdiction Offer Companies And Individuals?

Background

Nevis is a leading international Caribbean financial centre with a good reputation and excellent standards.

The jurisdiction of St Kitts & Nevis offers options in terms of international companies, private trustee companies and international trusts and foundations. It also offers an attractive passport scheme (recipients do not need to reside in St Kitts & Nevis), which is of particular appeal for individuals requiring an additional passport to ease travel and/or perhaps whilst they are awaiting receipt of a passport from another jurisdiction.

A brief summary of the key advantages available is detailed below. For further information please contact the Dixcart office in Nevis: advice.nevis@dixcart.com.

Nevis as an International Business Centre

Nevis does not levy VAT or other indirect taxes in relation to Nevis International Business Corporations (IBCs) and there is NO income tax, NO corporation tax, NO capital gains tax, NO wealth tax, and NO death duty or inheritance tax. The Nevis Financial Registry maintains the strictest levels of confidentiality. Legislative and fiscal independence mean that the island responds quickly to the needs of business. Nevis is a well-regulated jurisdiction and is recognised by the FATF (Financial Action Task Force) and the OECD (Organisation for Economic Co-operation and Development). New legislation is regularly being introduced, offering an...