How do I set up a company in St. Kitts and Nevis?

Below are 4 main steps to set up an offshore company in St. Kitts and Nevis: Identify your registered agent; Decide on an approved corporate name; Fille the Article of Incorporation to the Registrar of Corporations; Wait for result and obtain your corporate certificate; Some business owners may feel confused due to local regulations and time constraints. In such cases, don't forget to choose a trustworthy corporate service provider like BBCIncorp to ensure your Nevis company is properly and efficiently set up.

What types of company used to carry out international businesses in Saint Kitts and Nevis?

There are 2 types of international companies in St. Kitts and Nevis: International business corporation (IBC) established under the Business Corporation Ordinance, 2017 and Limited Liability Company formed under the Limited Liability Company Ordinance in 2017.

What are the initial requirements to set up a company in St. Kitts and Nevis?

General demands to form an offshore company in St. Kitts and Nevis comprise of: Minimum one director/ one shareholder; A local registered agent and local registered address

How to name an IBC or LLC?

International business corporation (IBC) names shall end with “Corporation”, “Incorporated”, “Limited” or their abbreviations: “Corp.”, “Inc.”, “Ltd.” or any other recognized corporate suffixes that differentiate it from a natural person or partnership. The names of LLCs shall end with “limited liabilities company”, “limited company” or their abbreviations “LLC”, “L.L.C.”, “LC”, or “L.C.”. In addition, the names must not be the same with names appearing on the register of companies or the reserved name list of the Companies Registrar.

Which kinds of taxation is a foreign company in St. Kitts and Nevis levied?

A resident company for tax purpose is subject to a flat corporate profits tax of 33% on worldwide income. A non-resident company is tax-exempt for all incomes derived outside of the country.

What is the income tax rate chargeable to an International Business Company in Nevis?

The Business Corporate Ordinance Amendment 2018 has erased tax exemption regime for non-resident companies. All IBCs registered before 31st Dec, 2018 would be granted an extended period for tax exemption to 30th Jun, 2021. An IBC incorporated after Dec 2018 would be subject to corporate income tax of 33% for its income originating from inside the Islands. Foreign-source income would be exempt from local income tax.

What are the annual reporting requirements in St. Kitts and Nevis?

Offshore companies in St. Kitts and Nevis are not required to file annual returns. However, companies must keep financial records for at least five years and can keep anywhere. The registered agent is responsible to maintain KYC information on behalf of the enterprise obliged to AML/CFT Regulations.

How to maintain a company in Nevis?

Maintain company structure with at least one director/shareholder; Local registered agent and registered office which is also the registered address of the agent. No need for filing annual return or financial accounts, but proper and complete financial records have to be maintained. To maintain good standing in Nevis, there are additional compliance requirements to meet. Check out the ComplyMate guide for more information.

Are there any restrictions placed on activities of a Nevis IBC company?

A company is not allowed to engage in the business of banking, insurance, assurance, fund, money services, corporate services or any other finance-related activities without first obtaining relevant licenses from local authorities.

What kinds of company can be registered in Nevis for international trading and investment?

An International Business Company in Nevis can be incorporated under a company limited by shares.

What is the minimum number of directors/shareholder required for an IBC?

There should be at least one director and one shareholder, who could be a natural person or body corporate, resident or non-resident in Nevis.

Is information of company directors/shareholders secured in St. Kitts and Nevis?

Information in relation directors/shareholders is not publicly disclosed.

Is there any requirement on the amount of registered capital?

There is no required minimum or maximum amount of paid-up share capital. Normally the authorized share capital is either 500 no par value shares or US$50,000 with a par value of US$1.

What classes of shares an IBC can issue?

Registered shares of par or no par value, preference shares, redeemable shares and voting or non-voting shares. Bearer shares may be issued but must be held by an authorized depository.

Home
Company Formation
St. Kitts & Nevis

Nevis
Company Formation For Your Offshore Business

Streamline Saint Kitts & Nevis company formation with expert help from the start.

Get Started

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

Nevis Company Formation For Your Offshore Business

Nevis Company Formation Service Packages

International Business Company (IBC)

Limited Liability Company (LLC)

basic

US$1699

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new St. Kitts and Nevis International Business Company (IBC) from the beginning** All-in renewal fee at US$1,499

standard

US$2099

Get Started

Everything in the Basic package

Open A Bank Account

One-time fee for application of one bank
Bank account introduction for any bank in the supported list
Certificate of Incumbency (if required)

premium

US$2399

Get Started

Everything in the Standard package

Premium Banking Support

One-time fee for application of up to 5 banks OR until the account is opened, whichever comes first
Consulting on suitable alternatives if the first application is not approved
Remote bank account opening
Fast response even on weekends
Frequent updates on the bank account opening process

basic

standard

premium

basic

US$1699

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new St. Kitts and Nevis International Business Company (IBC) from the beginning** All-in renewal fee at US$1,499

Refund Guarantee

We refund your money in full for any St Kitts & Nevis company formation services that we cannot deliver.

Read our policy

Why Nevis Company Formation
With BBCIncorp

End to end assistance for company formation and ongoing administration.

International business service expertise

Worldwide banking partner network

Secure Client
Portal platform

Dedicated continuous regulatory support

Our St. Kitts & Nevis Company
Formation Process

Efficient Nevis offshore company registration for global entrepreneurs.

Place order

You do

Enter order details in form

We do

Confirm service order

Make payment

You do

Make payment for service

We do

Send payment confirmation

Proceed KYC

You do

Upload necessary documents

We do

Examine and prepare filings

Receive docs

You do

Receive company documents

We do

Deliver incorporation package

KYC documents checklist

Compliance gate

What you'll need to complete eKYC verification

For Individual

The following proofs are required for all company members.

Proof of identity

A certified true copy (scanned version) of the passport (valid for at least 6 months);

Personal Tax ID Number;

Bank Reference Letter / Professional Reference Letter (minimum 2-year relationship), must be dated within the last 3 months and include the contact details of the Issuer;

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

See sample of a certified true copy

Proof of address

We require certified true copy (scanned version) of address proof, which can include any of the following: Bank reference / Bank statement / Utility bill / Driver license.

The address proof must clearly show the holder's full name along with physical address written in English (P.O. Box addresses are not accepted).

Please note that the provided proofs must be the most recent version and dated within the last 3 months.

For corporate or entity

Corporate verification includes two parts: company documents and KYC proofs for every associated member.

Company documents

Please provide us with certified true copy (scanned version) of the following company documents:

Certificate of Incorporation;

Memorandum and Articles of Association/Constitution;

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

In case the company documents can be certified via official government site, there is no need to submit certified copies.

Company members

All members must provide Proof of identity and Proof of address (same as Individual requirements)

Note:

Documents must be Certified True Copy / notarized by a Notary Public within the last 3 months
Documents must be in English or officially translated into English
Requirements may vary by case. Talk to our team for confirmation.

Why St. Kitts & Nevis

St. Kitts & Nevis offers strong asset protection laws, tax neutrality, and flexible offshore structures.

Advanced asset protection laws

Charging order protection for LLC members

Creditors must post bond before claims

High legal threshold for creditor actions

Members not required on public registry

Popular jurisdiction for asset protection

Beneficial tax environment

No tax on foreign sourced income

No capital gains tax

No inheritance or estate tax

Offshore activities generally not taxed

Foreign income outside local tax scope

Flexible company structure

Only one member required for LLC

Members and managers any nationality

No residency requirement for management

Meetings may be held anywhere

Simple annual renewal requirements

What our clients say

Customer Review

"BBCIncorp’s support was excellent, with transparent services and costs, and their attention to detail is second to none"

Irfan Khan

Hypermine

Customer Review

"I am really fond of BBCIncorp’s professionalism and transparency and looking forward to a long-term association."

Shraddha Khattri, Co-Founder

StartUP TRU

Customer Review

"BBCIncorp is the most suitable partner for us, I was impressed with their services in all steps."

Phong Dao, Managing Lawyer

Investpush Legal

Customer Review

"Working with BBCIncorp was a great experience, we will gladly work again with them"

Abel Caro, Executive VP & Chief Legal Officer

Alfa Solutions Corp

Customer Review

"I would highlight BBCIncorp’s promptness to keep us updated and the sensitive human touch in document management and personal interaction."

Beth B. Lawton, Assistant to General Director

Foster Swiss

Customer Review

"The process of opening the BVI company with BBCIncorp was very smooth, I don’t recall doing much except for filling out a couple of forms."

Pavlos Polianidis, Chief Technology Officer

Apocentre

Customer Review

"I am very happy with BBCIncorp's service. 10/10"

Claudia Nel, Managing Director

Sure Medical

Company Incorporation

Open Business Account

Nominee Director Shareholder

Accounting & Auditing

Company Secretary

Virtual Office

Enterprise Accountant

Nevis
Company Formation For Your Offshore Business

Nevis Company Formation Service Packages