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BONITS

Company Formations

International Business Corporation (IBC)

At BONITS, we can assist you with incorporating your Nevis IBCs. Our team has the expertise to advise and guide you through the entire process, handling all of the documentation required.
The Nevis Business Corporation Ordinance is the recognized name given to International Business Companies (IBCs) that are incorporated in Nevis as an offshore entity to conduct legitimate business internationally. The Nevis IBC legislation was first introduced in 1984 but was subsequently revised in 2017 to reflect current business practices.

International Business Corporation (IBC)

At BONITS, we can assist you with incorporating your Nevis IBCs. Our team has the expertise to advise and guide you through the entire process, handling all of the documentation required.

The Nevis Business Corporation Ordinance is the recognized name given to International Business Companies (IBCs) that are incorporated in Nevis as an offshore entity to conduct legitimate business internationally. The Nevis IBC legislation was first introduced in 1984 but was subsequently revised in 2017 to reflect current business practices.

Key benefits of a Nevis International Business Corporation include:
  • Exempt from all taxes locally
  • Competitive asset protection provisions compare to other offshore jurisdictions.
  • No issues with foreign exchange control in Nevis.
  • Annual reports and or financial statements are not required to be held by the registered agent.
  • The principal office and records for Nevis IBCs can be located anywhere in the world.
  • Information regarding directors, officers, shareholders, and beneficial owners may have the nationality of any country and may be resident in any country.
  • Directors and Officers are not required to be filed in the Nevis Registrar of Corporations and are not available to the public. However, such information on corporate records must be retained at the Registered Agent in order to fulfil AML/CFT Regulations.
  • The ability to re-domicile in or out of the country.
  • The Annual General Meetings (AGMs) are shareholders meetings and can be held at any location within and outside of Nevis.
  • Directors can also have meetings as frequent as the articles, incorporation or bylaws allow for the corporation.
For more information and application forms, please click on ‘How to Apply’.

Limited Liability Company (LLC)

At BONITS, we handle all matters and the required documentation related to the formation of your LLC within the Federation of St. Kitts and Nevis.
The Nevis Limited Liability Company is a renowned and a robust piece of offshore legislation that offers superior asset protection to corporations. The legislation was formed under the Nevis Limited Liability Company Ordinance (NLLCO) of 1995 and subsequently amended over the years.

Limited Liability Company (LLC)

At BONITS, we handle all matters and the required documentation related to the formation of your LLC within the Federation of St. Kitts and Nevis.

The Nevis Limited Liability Company is a renowned and a robust piece of offshore legislation that offers superior asset protection to corporations. The legislation was formed under the Nevis Limited Liability Company Ordinance (NLLCO) of 1995 and subsequently amended over the years.

Key benefits of forming a Nevis Limited Liability Company include:
  • Exempt from all taxes locally.
  • Any income not earned locally is free from all local taxes.
  • No requirement of minimum paid up capital. No initial capital is required for the formation of an LLC and no requirement to issue shares at the commencement of operations.
  • An LLC can be formed by one or more person(s) or a business entity. Such persons are considered as member(s)
  • Any individual and or legal entity can become managers, members and beneficial owners
  • Nevis LLC is another option for persons who might not want to consider using partnership or corporations. Nevis LLC uses members and or managers as oppose to shareholders
  • Asset protection provisions are far more competitive compared to other offshore jurisdictions. An LLC formed under Nevis Limited Liability Company Ordinance (NLLCO) is considered to be a legal entity. This means that the owners are shielded from legal liability and can manage the company without becoming liable for the company’s obligations or legal liabilities.
  • It gives allowance for flexibility in management in that members and managers can supervise the business entity.
  • NLLCO facilitates the transfer of a foreign LLC transferring their domicile by a simplified transfer process
For more information and application forms, please click on ‘How to Apply’.