What Is a Nevis LLC? The Ultimate Guide

Nevis LLCs are formed as limited liability companies in the State of Nevis, in the Federation of St. Kitts and Nevis. Nevis LLCs have become a major part of international asset protection structures and can be easily formed by a foreign national to conduct business or hold assets overseas.

For example, a Nevis LLC can be structured for foreign national clients in many different ways for their international transactions. The key distinction between a foreign LLC, such as a Nevis LLC, and a domestic LLC is the jurisdiction in which the LLC was formed and the statutes that govern LLC members in that jurisdiction. For example, restrictions and the specific procedures a creditor of an LLC seeking to collect on a member’s interest must follow can differ significantly from one jurisdiction to another.

As with any structure, Nevis LLCs have their own advantages and disadvantages. We will explore them below and review similar entities in other jurisdictions worldwide. Several key factors also come into play when deciding to form an LLC in Nevis.

We will therefore consider LLCs in Nevis, their advantages and disadvantages, as well as other global entities with comparable characteristics. We will also cover critical issues to watch for when establishing an LLC in Nevis.

Key Takeaways

• The Nevis LLC was created to protect its members from creditors of the LLC. This article describes the typical charging order provisions of an LLC and how a creditor of a member would go about trying to enforce a claim against the LLC.
• Members of a Nevis LLC can be subject to taxation, reporting requirements, and additional other restrictions on their assets worldwide outside of Nevis even after the establishment of an LLC in Nevis.
• For owner-managed LLCs the members are usually also the managers of the LLC and reside outside of Nevis.
• An LLC formed in Nevis is a foreign entity and will be governed by and be subject to the laws of Nevis. There is very limited publicly available information with respect to an LLC formed in Nevis, including the name of the LLC and the name and address of the manager or managers in Nevis.
• The taxes imposed on a Nevis LLC are generally determined by the members of the LLC and the tax laws of their respective countries globally.
• Importantly, an LLC in Nevis is structured as part of an international business structure. Thus, in addition to forming the LLC, a business owner will also need to investigate opening bank accounts, LLC members’ tax obligations, other reporting requirements, and how members hold assets in their countries of residence worldwide.
• It is ultimately up to individual circumstances and goals. Moreover, one must consider the legal framework of the member’s country of residence, as well as any other countries where the member might conduct business or hold assets internationally.

The Core Nevis LLC Benefits: Why It’s a Premier Choice

The Nevis LLC is a flexible entity that can serve almost any purpose. This memorandum outlines the basic advantages of the Nevis LLC for conducting international business, foreign investment, and asset protection in foreign countries.

Some of the key advantages include:

• A Nevis LLC can be set up as a single-member or multi-member LLC. An LLC is typically managed under an operating agreement, which defines the members’ roles and how the LLC is managed.
• International Asset Holding: A Nevis LLC is an excellent international entity to hold stocks, bonds, patents, trademarks, and real property in foreign countries as well as to establish and hold other entities in foreign countries.
• Cross-border business structuring: An offshore limited liability company can function as the parent company of a multinational corporation or serve as a holding company for foreign assets or entities.
• Confidentiality/Privacy: All information relating to an owner, member, or manager of an LLC formed under the laws of Nevis is kept strictly confidential and is not disclosed in the LLC’s public records.
• The members of a Nevis LLC generally have limited liability with respect to the debts and obligations of the LLC, provided the LLC member has received proper disclosure of such debt or obligation.
• Estate and succession planning: A Nevis LLC is an effective tool to manage distribution of the owner’s assets at his or her death and to transfer assets to successive generations of a family.
• Additional Operational Structuring Capabilities: Supports a variety of operational business structures. Owners or members can choose a business structure that meets their particular needs or objectives, with more flexibility than a traditional corporation. The LLC is an unregulated entity and, as such, operates with far less formal process than a traditional corporation.

A Nevis LLC is a good international entity for business purposes, although it has limitations and restrictions on personal asset holding and similar uses, which this article discusses in more detail later.

Ironclad Asset Protection

Structuring the Nevis LLC to take advantage of the creditor protection afforded by the LLC structure.

How does it work?

• In addition to members being able to conduct business in the LLC’s name, the LLC is structured to operate as a separate entity from its members. This means LLC members are not personally responsible for debts or other obligations the LLC incurs, as long as the LLC is properly organised and maintained by its members.
• A creditor generally is limited to obtaining a charging order with respect to the debt-owing LLC member, which allows the creditor to receive distributions with respect to the member’s interest in the LLC as and when they are received by the member.
• Furthermore, once the creditor has been granted a charging order, all subsequent transfers of funds to the LLC as well as the issuance of corresponding membership interests are protected against the subsequent determination by a court that such transfer or issuance constituted a “fraudulent conveyance” or similar action even in single-member LLCs.
• Furthermore, even high-risk individuals such as attorneys, engineers, contractors, litigants, collectors, and those currently being sued can protect their assets within a Nevis company structure.

Note: By “beyond a reasonable doubt” is meant the highest standard of proof in all jurisdictions. Such would be required to prove fraud in a criminal case above and beyond the normal standard required to prove a civil case in virtually all jurisdictions. In all likelihood, it would be impossible for a creditor to penetrate the extremely effective asset protection provided by a Nevis LLC and grab your assets.

Unmatched Privacy and Confidentiality

Incorporate a New Business in the Confidential Financial Environment of Nevis to Safeguard Your Financial Transactions!

Nevis LLCs do not disclose information about members and managers in public records. The Nevis registered agent holds membership information for any particular LLC in complete confidence.

For Nevis LLCs, both the registered agent and registered office can be residents in Nevis. The registered agent of a Nevis company serves as the company’s administrator and completes and signs all documentation required by a department or agency to form and maintain a company in Nevis.

Misconceptions related to confidentiality exist regarding what information is considered private in Nevis, what function a registered agent serves, and the service of process information required for companies formed and managed in Nevis. Information which is deemed private for the member(s) or manager(s) of a Nevis LLC, including information regarding the owner(s) of said company, shall not be disclosed by any registered agent or service provider regardless of local, national, or international governmental request for such information unless accompanied by a valid court order or other judicially sanctioned process. Such disclosure will only be granted in the event of a serious crime.

Again, it is not illegal to form LLCs in Nevis and to allow them to operate in complete anonymity. But then again, a number of offshore jurisdictions offer similar services to their business clients.

What is a registered agent? There are many corporate service providers and lawyers who have been authorized by the government of Nevis to form Nevis entities and to act as registered agents for such entities. As noted above, the registered agent can be an individual (including you), but most people appoint someone else to act in this role. The role of a registered agent for an LLC is to (i) sign certain documents and to file them with government authorities; (ii) maintain a registered office for the LLC at the address designated by the registered agent; (iii) receive correspondence and other communications sent to the LLC at such office; and (iv) maintain certain statutory records for the LLC. Notwithstanding the fact that the registered agent is appointed to act for your entity, the registered agent does not manage or control your entity and has no authority to bind your entity in any way.

A Tax-Neutral Environment for Global Income

A new offshore tax-neutral LLC entity is now available to offshore earners.

Offshore earnings of the Nevis LLC are not subject to Nevis tax on all income, profit, dividends, interest, and capital gains earned everywhere outside of Nevis.

Note, however, that as explained earlier, such income would be subject to Nevis tax if the owner were a resident of Nevis, either as a citizen or as an individual who qualifies as a permanent resident in the jurisdiction.

However, income earned by your Nevis LLC is subject to the income taxes of the country in which the LLC carries on business. Therefore, for example, all income of a Nevis LLC owned by U.S. citizens and tax residents would have to be reported and taxed by those owners at the federal and state levels. A non-U.S. corporation owned by a non-U.S. resident conducting business through a Nevis LLC would also have to file a U.S. tax return to report all U.S.-sourced income and pay any appropriate taxes thereon. Further, a business license and numerous reporting requirements will probably be necessary to carry on business here, so it is wise to first speak with a tax attorney and a tax preparation specialist.

Many foreign nationals hold real estate, patents, copyrights, and even stocks and bonds in countries outside of their country of residence. Income from all of these investments is considered to be tax neutral, as it is earned by the Nevis LLC. As mentioned previously, however, all earnings from investments held outside of an individual’s country of residence must be reported for taxation in that country by that individual.

Flexible Management and Simple Compliance

Nevis’s location in the Caribbean is not an issue for most people and requires very little of their time.

There are no nationality restrictions on members or managers of a Nevis LLC. Similarly, there are no geographical restrictions as to where they may reside.

LLCs can be set up as single-member or multi-member entities. Members can manage an LLC themselves, or they can have others appointed as needed to manage the LLC on their behalf.

Nevis LLCs are low-cost and easy to administer because they have minimal requirements, which translate into lower ongoing administrative costs. Most Nevis LLCs must file only limited annual financial information with the State of Nevis and are usually not required to undergo an audit. In addition to the very low cost to form a Nevis LLC, the annual state fee and the fee to maintain a registered agent/registered office at a physical office in Nevis are very low.

A Nevis LLC can be formed quickly, with registered agents providing a local physical office for government correspondence. A foreign entity such as a Nevis LLC is typically formed to establish a low-cost foreign entity as opposed to a typical LLC, which would be formed as a foreign entity in most states at a much greater cost than a Nevis LLC. Entities such as a Nevis LLC also face much less rigorous state and federal regulatory requirements than would a typical foreign entity formed as a corporation or LLC in most states in the U.S.

Understanding Nevis LLC: A Look at the Structure

Here is a more in-depth look at how Nevis LLCs are structured, including the various roles of individuals and the setup of the LLC itself.

Key Roles: Members and Managers

• Member(s): The Nevis LLC owner(s), investment capital contributor(s), and holder(s) of a membership interest(s), all to share in all profits and distribution therefrom.
• Managers are responsible for managing the affairs of the LLC and can be members or third-party managers. Their specific duties and areas of responsibility are stated in the LLC’s Operating Agreement.

LLCs are set up by the owner or members as stated in the LLC Operating Agreement and can be set up in almost any manner the owner or members desire.

The Operating Agreement: Your Company’s Constitution

This LLC Operating Agreement provides the essential provisions for governing an LLC. It identifies which persons shall be members and managers and how members and managers shall be added or removed. Provisions regarding death, bankruptcy, and dispute by or among members are included.

By incorporating various types of anti-dissolution, anti-defalcation, and anti-dilution provisions, this Operating Agreement will additionally safeguard an LLC’s assets and its members against claims by the LLC’s creditors.

In short, drafting your Nevis LLC’s operating agreement effectively is of the utmost importance in enabling the member or manager of your LLC to conduct business as he sees fit while ensuring the assets of the LLC are under the control of the members thereof. His operating agreement must therefore contain all of the necessary provisions to protect his or her assets as well as to grant him or her the required safeguards in connection with his ownership of said LLC.

Below are several additional considerations for developing your LLC’s operating agreement:

• Outline the respective roles of members and managers of the LLC, with detailed definitions of authority and methods by which decisions will be made that concern members.
• Set up protective measures regarding the assets of your LLC. Illustrate how capital distributions will be made and how to deal with conflicts between LLC members. Also, illustrate how to place a lien on a member’s interest.
• This provision can also address scenarios such as the death of a member or a member going out of business and selling all or part of his/her interest to another person. It can also be used to provide for the scenario where a member becomes mentally incapacitated.
• In your home state: Be sure to include references to state laws governing tax returns, charging affidavits, and other required documents that must be completed by your LLC.

The LLC’s Operating Agreement is a document that you should review periodically and modify as the members or the operations of the LLC change.

Nevis LLC Formation Requirements

Formation requirements to establish an LLC in Nevis:

• Appoint a registered agent in Nevis.
• Secure a legally registered address* in Nevis.
• Formation Documents – The Articles of Organisation of the LLC must be submitted to the Governor General of Nevis for approval to form the Limited Liability Company. These must comply with the Nevis Limited Liability Company Ordinance as well as any subsequent amendments to that legislation.
• All customers undergo standard due diligence/KYC (Know Your Customer) checks, including supply of a copy of ID documents and proof of current address.

*Nevis LLCs must have a registered street address in Nevis. The street address of your Nevis registered agent may serve as the LLC’s registered street address and must be a physical street address in Nevis (not a PO Box). All legal mail, government correspondence, and other documents relating to your LLC will be sent to your LLC’s registered street address, and such shall be the location where your LLC’s statutory records are maintained by your LLC.

Registered Agent Explained

Leasing physical office space in Nevis is a decision that is usually up to the company’s owner. Registered agents can often supply a Nevis registered office address as part of their services. The company owner can choose whether to establish a local office and send staff there to work. However, they would only need to do this if they intended to carry on business in Nevis.

A registered agent in Nevis:

• Serves as the legal intermediary between the company and governmental authorities
• Supplies a registered address
• Handles filings and ensures compliance
• Protects statutory documents

Their offices do not manage or interfere with your company or business in any way.

Legal Framework of a Nevis LLC

The statutes governing Nevis LLCs are set forth in the Nevis Limited Liability Company Ordinance, CAP 7.04(N) (2017), collectively amended by subsequent legislation, including 2018 and 2020 enactments. Part I sets forth general provisions on creating an LLC and reserving its name. Part II delineates the functions of a registered agent and office of an LLC. Part III addresses LLC members and managers, and Part IV sets forth the scope of their rights, including their respective responsibilities and powers. Members and managers also have the right to review and obtain copies of statements regarding certain transfers of assets to an LLC by its members, as well as claims by creditors of members.

New legislation introduced in 2018 states that a Limited Liability Company (LLC) formed under the laws of Nevis, 100% foreign-owned, and with all operations conducted entirely outside of Nevis, will not be subject to any taxes on foreign-source income from the Government of Nevis. The Financial Services Regulatory Commission (FSRC) of Nevis regulates businesses operated by LLCs in Nevis under the Anti-Money Laundering and Counter-Terrorist Financing Regulations of Nevis (hereinafter “AML/CFT Regulations”). LLCs must have a licensed registered agent responsible for compliance with the AML/CFT Regulations, including essential anti-money laundering/counter-terrorist financing measures such as conducting Know Your Customer (KYC) due diligence on the LLC’s clients.

Members of Nevis LLCs are also protected by the anti-foreign lawsuit provision. That provision forbids a court outside of Nevis from entering any injunction or other relief in a collection action by the creditor of an LLC against a member in his capacity as a member. Nevis also prohibits charging orders against the local membership interests of LLCs formed under Nevis law. A charging order issued outside of Nevis against local membership interests in an LLC organised under the laws of Nevis will expire and not be subject to renewal within three (3) years from its date of issuance.

How Much Does a Nevis LLC Cost?

Costs for setting up a Nevis LLC and the annual management fee charged thereafter can vary depending on the registered agent chosen, the services required, and any other special services we offer. Services offered by our offshore company providers may include the establishment of a nominee director and/or ongoing corporate compliance services.

Typically, a fixed setup fee and then an ongoing fixed annual management fee for a Nevis LLC are charged as a fixed ‘package price,’ including all governmental fees that the offshore company provider charges and repays to the government on your behalf to form and manage your offshore company.

Typical Formation Costs

In general, initial setup costs encompass:

• Government registration fees
• Registered agent setup fee
• Registered office service in Nevis
• Preparation and filing of incorporation documents
• Drafting of the operating agreement

Typical total first-year cost: starting from $3,300.

Annual Maintenance Costs

These are typical annual expenses that you need to keep your Nevis LLC current and in good standing.

• Registered agent renewal fees
• Registered office maintenance
• Government annual fees
• Basic compliance administration

Estimated annual maintenance cost: starting at $2,850.

Optional Additional Costs

Based on your assets, circumstances, and risk tolerance, we may be able to offer you additional support such as:

• Nominee director or member services
• Apostille and document certification
• Assistance with banking or introductions to banking institutions
• Drafting of more sophisticated asset protection provisions

Such additional services could be especially helpful for clients with complex or high-value asset structures.

Why Do Costs Vary?

LLC Solutions offers different solutions for establishing and administering a Nevis LLC. Costs for establishing and administering an LLC can vary widely based on factors such as ownership structure, desired asset protection, and additional services like nominee services, ongoing compliance, and banking solutions. In addition to the registered agent fees, there may be charges for continued services that extend beyond the normal scope of a registered agent.

Typical Use Cases for a Nevis LLC

Nevis LLCs can serve several strategic purposes. We have detailed some of the most common uses for LLCs below.

• Use an LLC to hold overseas real estate such as foreign homes, yachts, and other personal property.
• Function as a holding company for multiple subsidiaries.
• Use an LLC to hold patents, copyrights, and trademarks, and enforce them in any jurisdiction as required.
• Use an LLC to form a joint venture with foreign partners.
• Integrate the LLC into a Nevis Trust to create a highly sophisticated system for protecting your wealth.
• Foreign-based hedge funds or foreign investment funds that require a general partner or require greater liability protection than typical corporations provide.

Our research identified that online service providers, such as Internet consultants, SaaS providers, and e-commerce platforms, can establish and manage themselves as offshore holding entities. Online service providers can further organize themselves into complex organizational structures to better serve customers worldwide, including in the U.S.

Additional real-world scenarios

More and more companies are setting up Nevis LLCs because of the extremely low tax rates in their country of residence. In the near future, new tax laws are expected that will be very positive for these types of companies. For asset protection, our clients want to set up a Nevis LLC. For banking purposes, we set up a corporation. To open a bank account for an LLC, financial institutions conduct due diligence and require copies of the documents filed with the government to create the LLC, a copy of the LLC’s Operating Agreement, and information about the LLC’s registered agent in Nevis.

The process of converting a foreign corporation to a Nevis LLC is governed by the Nevis LLC Ordinance as well as the laws of the foreign state or country in which the original corporation was organized.

Nevis LLC vs. Domestic LLCs

The table below outlines general laws for forming a corporation within a country’s jurisdiction, often referred to as a ‘domestic LLC’ or ‘local LLC ‘. Note that each country – Europe, Asia, Latin America, etc.— has different laws regarding the formation of a corporation within that country’s jurisdiction. A Nevis corporation is structured to provide maximum privacy and asset protection for its non-resident shareholders. A domestic LLC is organized as an entity to conduct business within a country’s borders.

Most of our clients establish a domestic entity to conduct business in their local market and a Nevis LLC to hold intellectual property, foreign earned income, and other assets subject to taxation and compliance in the countries where clients do business. We offer a brief one-time consultation with our offshore incorporation expert to explain your different options for forming both domestic and offshore corporations. We outline the pros and cons of each option and can often customise an offshore structure to meet a client’s goals for asset protection, tax, and compliance.

More and more global entrepreneurs choose to form a Nevis LLC as a holding company for their U.S. customer base. Such an offshore entity can be controlled by onshore local companies of the holding company type, allowing its owners to fulfilll tax and reporting obligations as if the holding company were a U.S. LLC while protecting and optimizing their assets.

Risks and Limitations

Offshore LLCs may not be the best option for you or your business in certain situations. Several factors have to be considered, including the tax status of the LLC owner, where the majority of the assets of the LLC are located, and the level of management required to effectively control and maintain an entity set up in Nevis and managed from there

• A Nevis LLC is a foreign entity that is governed by and subject to the laws of the Island of Nevis. Furthermore, the LLC will be subject to the tax laws of the owner(s)’ residence as well as the country where the assets of the LLC are situated and where the LLC conducts its business. Needless to say, compliance with the specific obligations of management and control of the LLC is mandatory to maintain its integrity.
• This article explores the process of opening bank accounts worldwide in the name of foreign companies such as LLCs. As stated previously, opening up bank accounts in the name of offshore companies can be a time-consuming process due in part to banks having very strict customer acceptance policies in place.
• The costs to form an offshore LLC and establish a bank account in its name, typically higher than for a domestic entity, often include the costs of annual reports, registered agent fees, and other regular expenses required to maintain an LLC as an active entity in foreign jurisdictions.
• In addition to properly forming an LLC, it is also critical to maintain complete and accurate books and records in order to successfully operate an LLC.
• Note, however, that standard Nevis LLC asset protection does not extend to claims for FRAUD, UNFAIR CONDUCT, USURY, or other conduct that would permit dissolution of the LLC by a single member in order to avoid payment of debt or other obligations.

Note that forming a Nevis LLC to achieve your objectives will take considerable time and effort. Maintaining accurate books and records to comply with legal, tax, and other administrative requirements also demands considerable time and effort.

Common Structuring Pitfalls That Weaken a Nevis LLC

Setting up strong asset protection for an LLC is relatively easy and can provide strong protection for the LLC’s owners and their assets. Many people, however, inadvertently destroy the protection an LLC is supposed to provide through simple mistakes in the formation process.

Using a Generic or Weak Operating Agreement

Many prepackaged LLC solutions include so-called “Standard Operating Agreements” that are largely generic and often lack important asset protection language. As a result, even assets placed under the protection of an LLC can be compromised by provisions in a Standard Operating Agreement.

Examine your business structure to determine whether it will safeguard your assets. Also examine the strategies within your LLC’s Operating Agreement to protect your most valuable assets.

Treating the LLC as a Personal Account

Managing your LLC as if it were a personal account or business account is not sufficient for effective management. Managing your LLC as if it were a personal account creates unnecessary complexity and, in many cases, bureaucratic red tape. The main reason to form an LLC is to keep your personal finances separate from your business.

A creditor may view the funds in your LLC as personal assets if they believe you used those assets for personal activities, and thus they are subject to their claims.

Ignoring Home-Country Tax and Reporting Rules

Please note that any offshore entity (including your Nevis LLC) is required to comply with all tax and reporting requirements of the home country of its owners/sharers. A common misconception is that all profits of an offshore entity can be distributed to its owners and taxed as if earned by them in their home country.

Offshore entities are an important part of a client’s global financial structure. Profits distributed by an offshore entity to its owner(s) are subject to tax in the owner’s home country, regardless of any tax savings that have been designed into the offshore structure. Many clients are unaware of their tax and reporting obligations in their home country and could therefore be deemed non-compliant, even if unintentionally.

Underestimating Banking and Compliance Scrutiny

Offshore Nevis LLCs are considered offshore entities and therefore subject to Enhanced Due Diligence (EDD) for account opening as well as for substantial cross-border transactions. To meet the Know Your Customer (KYC) requirements of a bank’s compliance department, the bank will request that the client provide the Nevis LLC’s operating agreement, as well as additional information required by Nevis to complete the LLC’s KYC file.

The client must provide the bank with a copy of the LLC’s operating agreement and any other information the bank requires to complete the KYC file for the Nevis LLC client. The bank also requires verification of the Nevis LLC’s beneficial owner(s).

Weak Alignment Between Structure and Strategy

A Nevis LLC is a single entity and should not be viewed in isolation when protecting your assets. It is wise to develop an overall strategy with your attorney and incorporate other LLCs, and perhaps even a holding company or two, in addition to possible domestic and/or offshore trusts.

An LLC not incorporated into a larger plan involving additional LLCs and/or domestic and/or offshore trusts will not effectively protect assets.

Quick Guide: How a Nevis LLC Is Formed and Operated

Within 6 to 9 working days after you submit all required documentation to the relevant authorities, we complete the formation of your Nevis LLC. Below is an overview of your registered agent’s responsibilities.

1. You must complete a simple online Know Your Customer (KYC) form, and we also require a reference from a bank or professional (for example, a CV). We also require a copy of your current passport and proof of your current address (for example, a copy of a utility bill).
2. As your registered agent, we shall submit the name reservation and all other necessary documents to the respective government departments in Nevis to form your Nevis LLC.
3. Once the Nevis government registers the company, you will receive confirmation of the document submissions via a Certificate of Formation issued by our registered agent office.
4. We will complete and send all parts of the Operating Agreement once the LLC has been formed.

We specialize in setting up Nevis LLCs, obtaining a Nevis Apostille, providing Nevis Nominee Services, and same-day courier delivery of all your documents.

Banking & Financial Relationships

Opening an offshore bank account is an important step after we form our clients’ LLCs. To open an offshore bank account online, we provide the offshore bank with LLC formation documents and a copy of the client’s LLC operating agreement. Beneficial Owner KYC information is also supplied to the offshore bank. As offshore banks have different terms & conditions and classify their clients differently, higher-risk activities, for example, performing highly active online trading accounts, may require additional information and clarification from account holders as to their business activities. Clients need to provide proof of LLC ownership and ensure all required LLC documents are complete and up-to-date.

Comparison With Other Offshore Jurisdictions

Nevis LLCs are very attractive to startup entrepreneurs as well as most closely held for-profit and non-profit corporations worldwide because of the extreme protection afforded to the members by the entity against creditor claims.

While other jurisdictions have introduced economic substance regulations, for example, the British Virgin Islands (BVI) or the Cayman Islands, in many cases these will appeal to individual entrepreneurs and very small companies. Again, however, those jurisdictions offer no private membership and no asset protection comparable to that provided to members of a Nevis LLC. Panama’s tax regime for LLCs is very favourable; however, the protection afforded to members of a Panama-formed LLC is not as strong as that of a Nevis LLC and differs from the BVI’s beneficial-owner register.

Conclusion: Is a Nevis LLC Right for You?

Nevis LLCs can be easily formed as a foreign entity to hold assets, manage investments, and conduct cross-border business. The international LLC can offer its owner excellent asset protection and considerable flexibility in how he chooses to manage the entity as long as he complies with the requirements for forming an international LLC as outlined in the Nevis statutes. The structure of the Nevis LLC must be tailored to the owner’s objectives and must be operated in a tax-efficient manner in all foreign jurisdictions in which the LLC does business.

We can help you determine whether a Nevis LLC suits your situation and design and set up an appropriate structure to meet your objectives. We form international LLCs of all types and assist in the preparation of customized operating agreements for newly formed companies.

Frequently Asked Questions (FAQ)