About Nevis

Nevis is a small island in the Caribbean Sea. It forms part of the inner arc of the Leeward Islands chain of the West Indies. Nevis and the neighbouring island of Saint Kitts constitute one country. This country is known as the Federation of Saint Kitts and Nevis.

So, the economy of Nevis is not an independent entity. It has to be treated as economy of Saint Kitts and Nevis.

Economy of Nevis

The economy of Nevis is a traditional economy, which is traditionally dependent on growing and processing sugar canes. The decrease in the price of sugar canes has hurt the economy of Nevis and saint Kitts badly.

Tourism, export-oriented manufacturing, and off shore banking sector activities have assumed larger roles in the economy of Saint Kitts and Nevis.

Most food in the Federation of Saint Kitts and Nevis is imported from other countries. The government has undertaken a program, which is designed to revitalize the faltering sugar sector in Nevis. It is also working to improve revenue collection in Federation of Saint Kitts and Nevis, in order to improve fund the social programs.

Why form an offshore company in Nevis LLC?

Nevis is located in the Caribbean Sea and is increasingly becoming a tourist and business hub spot. An offshore company in Nevis will not be liable to pay tax as long as they do no business within the territory of Nevis and St Kittis. Even if these companies put assets and money in an offshore account in the country, it is tax exempted as these have been raised outside its jurisdiction.

Form an Offshore Company in Jersey

Benefits of Forming an Offshore Company in Nevis LLC

  1. No minimum capital required
  2. 0% tax on income, capital gains, stamp duty and exchange controls
  3. Availability of Off The Shelf companies
  4. Shareholders are 100% foreigners
  5. No requirement of filing an annual report
  6. 24x7 banking services provided
  7. More confidentiality and anonymity