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      BC in Nevis with a corporate account in the UK payment system

      Author: Joseph Place Updated: 08 June 2023

      We offer you to open a BC (a corporate-type business company) in Nevis. This business structure is the most common form of doing international business. It provides owners with limited liability, and the capital structure makes it easy to buy and sell company shares. The jurisdiction of Nevis offers corporate-type companies more favorable tax conditions, asset protection, and high confidentiality.

      Also, using our extensive experience, we have provided you with the opportunity to open a corporate account in the UK payment system. This is certainly vital in the initial development of your Nevis BC. All opening procedures are carried out remotely by our best specialists, saving your time and resources. The entire process will take approximately two weeks.

      BC in Nevis

      Register company in Nevis for Swiss-like asset protection

      The island of Nevis is an independent economic unit that is part of the Federation of Saint Kitts and Nevis. This country consists of two islands with independent laws.

      Since 1995, the authorities of Nevis have been doing everything possible to turn their jurisdiction into a tax haven for most international businesses. In addition, this jurisdiction has made every effort to provide the most attractive conditions for foreign investors. They concern such sensitive areas as the preservation and protection of company assets from unscrupulous creditors or claims from third parties and, of course, a high degree of confidentiality. All this was naturally converted into the informal title of Nevis as the absolute leader in these indicators. All this brought Nevis the unofficial title of the absolute leader in these indicators.

      Nowadays, most international business companies choose Nevis as their haven and impregnable fortress. The share of US corporations in the Nevis economy is pretty extensive, as American entrepreneurs have long been familiar with local legislation. They use its strongest and most competitive sides to benefit from both tax cuts and protection of their assets and personal data.

      It’s no secret that offshore companies are going through hard times. And the deoffshorization policy of many countries leads to problems for companies registered in offshore zones (this is especially true for the European Union).

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      However, Nevis tries to keep up with the rapidly changing conditions and systematically defends its positions and the interests of foreign investors. In January 2019, Nevis adopted amendments to the legislation to avoid getting on the EU tax haven blacklist. This greatly simplifies life for Nevis companies and gives them an optimistic outlook for the future.

      Historically, corporate-type business companies are more trusted in the international market. Many banks are more willing to provide loans to business corporations, and potential business partners are more inclined to cooperate. But that’s not all. If you decide to open a BC in Nevis, you will receive the following benefits:

      • High confidentiality. Nevis business corporation will provide you with the highest level of protection for your personal data. The island does not have a public registry of companies that opens data on BC beneficial owners. According to the new amendments, only tax information is subject to exchange. In the absence of a bank account in Nevis, your offshore company maintains the necessary anonymity.
      • Business corporations in Nevis are exempt from taxes on capital gains and income received outside the jurisdiction.
      •  It is possible to own a corporation fully and be the sole shareholder.
      • BC liability is limited to its members’ shares.
      •  It is possible to use the services of professional directors, shareholders, and managers.
      • Nevis company provides reliable asset protection, proven over the years.

      Notice blue

      If you have any additional questions or want to learn more about the benefits of registering a BC in Nevis, please contact our specialists at info@qwealthreport.com.

      When registering a BC in Nevis, you should also pay attention to the name of your company: here are several restrictions and additional conditions.

      You can find out these conditions directly by starting the registration procedure or get all the details right now by sending a request to the above address.

      To open a BC in Nevis, you will need scanned copies of the following documents from each founder:

      • notarized copy of the passport or other ID
      • document confirming the residency address (bank statement, utility bill not older than three months, etc.)
      • completed and signed due diligence and order forms

      After registration, you will be able to receive the original documents. In addition, it is possible to order a set of apostilled copies.

      43 3

      Costs for registering and maintaining a BC in Nevis

      ServicePriceTerms
      Basic package of corporate documents, which includes:
      · Certificate of Incorporation
      · Endorsement Certificate
      · Articles of Incorporation
      · Certificate of Notary Public
      · Designation and Acceptance of Registered Agent
      · Transfer of Subscription Rights
      · Appointment of Director
      · By-Laws
      · Written Resolution of Director
      · Register of Directors
      · Register of Officers
      · Register of Shareholder
      · Share Certificate/s
      USD 1,8992-3 working days
      Apostille Package:
      · Certificate of Incorporation
      · Endorsement Certificate
      · Articles of Incorporation
      · Certificate of Notary Public
      · Designation and Acceptance of Registered Agent
      · Transfer of Subscription Rights
      · Appointment of Director
      · By-Laws
      · Written Resolution of Director
      · Register of Directors
      · Register of Officers
      · Register of Shareholder
      · Share Certificate/s
      · One set of corporate documents’ apostilled copies
      USD 2,4995-6 working days
      Apostille Package + full professional service:
      · Company registration
      · State registration fee
      · Nevis Registered Agent services
      · Registered office (registered address) in Nevis
      · One set of original corporate documents
      · One set of corporate documents apostilled copies
      · Professional director/manager
      · Original power of attorney with apostille
      · Professional shareholder/member
      · Original Declaration of Trust
      · One set of professional director’s/manager’s corporate documents (copies with apostille)
      · One set of corporate documents copies
      · Certificate of Good Standing
      · Certificate of Incumbency
      · Power of attorney copy
      · Declaration of Trust copy
      · Passport copy
      · Utility bill copy
      · Bank Letter of Recommendation or bank statement
      · Worldwide courier delivery
      USD 7,9496-8 working days
      Company annual renewal fee:
      · State fee for renewal
      · Nevis Registered Agent services
      · Registered office (registered address) in Nevis
      · Renewal Certificate scanned copy
      USD 1,6993 working days
      Annual fee for professional services in Nevis:
      Professional director/manager (Nevis corporation)USD 1,3991 working day
      Professional shareholder/member (Nevis corporation)USD 1,3991 working day
      Professional company officers (Nevis corporation)USD 1,3991 working day
      Additional documents after company registration:
      Set of corporate documents copies (notarized)USD 6001-2 working days
      Set of corporate documents copies (notarized and apostilled)USD 7992-3 working days
      Certificate of Incorporation copyUSD 4001-3 working days
      Managers/Members/Shareholders/Directors/Officers registers preparationUSD 2002 working days
      Minutes of the first Board Meeting preparationUSD 450From 2 working days
      Share CertificateUSD 2002 working days
      Company searchUSD 5002-3 working days
      Power of attorney (common)USD 3991 working day
      Power of attorney (notarized)USD 5991-2 working days
      Power of attorney (apostilled)USD 7992-3 working days
      Declaration of Trust (common)USD 4001 working day
      Declaration of Trust (notarized)USD 6001-2 working days
      Declaration of Trust (apostilled)USD 8002-3 working days
      Additional certificates after company registration:
      Certificate of Good Standing (common)USD 6802-3 working days
      Certificate of Good Standing (apostilled)USD 8802-3 working days
      Certificate of Incumbency (common)USD 4901 working day
      Certificate of Incumbency (notarized)USD 6901-2 working days
      Certificate of Incumbency (notarized and apostilled)USD 8902-3 working days
      Tax exemption letterUSD 5002-3 working days
      Tax exemption letter (apostilled)USD 7002-3 working days
      Company Liquidation CertificateUSD 1700Up to 7 working days
      Certification of documents:
      Registered agent certification (per document)USD 1502 working days
      Notarization (per document)USD 2002 working days
      Apostille certification (per document)USD 2502-3 working days
      Register certification letterUSD 5005 working days
      Change of company name/capital/structure:
      Company name change (without stamp)USD 800Up to 7 working days
      Company name change (with stamp)USD 1,220Up to 7 working days
      Authorized capital changeUSD 1,625Up to 7 working days
      Officers/Directors/Managers change (including drafts, registers)USD 800Up to 5 working days
      Shareholders/Members change (including drafts, registers, and up to 2 Share Certificates)USD 800Up to 5 working days
      Shares/ownership transfer (includes Minutes, and up to 2 new Certificates)USD 12005 working days
      The Articles of Association amendment (paragraph addition, capital change, any change in the Articles of Association stamped by the Register)USD 1200Up to 7 working days
      Re-issuance of constituent documentsUSD 1,625Up to 7 working days
      Changes in the company after registration:
      Continuation (change of company incorporation country)USD 2,520Individually
      Certificate confirming the change of jurisdictionUSD 1,200Up to 7 working days
      Company transfer to NevisUSD 1,500Individually
      Company transfer to Nevis (express)USD 3,000Up to 7 working days
      Restoration of a company deleted from the RegisterUSD 1,7002-3 working days
      Company liquidationUSD 1,700Up to 7 working days
      Registered agent change (Transfer Out)USD 1,9992-3 working days
      Registered agent change (Transfer In)USD 500Individually
      Other services:
      Document signing by Nevis professional director/manager:
      · signature on a corporate document (per each document)
      · signature on a bank form (per each document)
      USD 160
       
       
      USD 320
      1-2 working days
      Document scanned copy (per page)USD 1001 working day
      International courier deliveryUSD 2002-4 working days
      Rushfee (rapid document preparation, per each operation)USD 1502 working days
      Negotiable services:
      Professional director servicesUSD 3,400Individually
      General consultationNegotiableIndividually
      Legal consultationNegotiableIndividually
      Nevis company substance:
      Financial report (up to 20 transactions)USD 1,900Individually
      Financial report (from 20 transactions)From USD 1,900Individually
      Website developmentcost depending on complexityIndividually
      Virtual office (Panama):
      · address
      · mail or delivery to the courier
      · phone with recording function
      USD 3,000Up to 7 working days

      Corporate account in the UK payment system

      No matter how strange it may seem, the UK payment system was initially created in Latvia, Riga, in 2015. In 2016, it officially received an FCA (Financial Conduct Authority) license in the United Kingdom.

      Payment systems are a relatively new phenomenon in the financial services industry. However, payment systems are increasingly actively destroying the traditional banking sector monopoly every year. The advantages of such systems over banks are so evident that they increase the demand for their services and make them attractive to customers worldwide.

      Advantages of UK business account in payment system:

      • Convenience. You can manage your account remotely from anywhere in the world. All you need is the Internet and a suitable device, like a phone or laptop.
      • Less paperwork and bureaucracy. You do not have to spend time on a trip to the bank or personal presence to sign a service agreement.
      • Versatility. In addition to classic financial services, the payment system provides assistance and services in such fields as IT, e-commerce, cryptocurrency transactions, website design and security, Internet marketing, and much more. All this is provided by a corporate account in the UK payment system.

      Current payment system fees:

      ServicePricePrice
       InternationalEU Resident
      Account openingEUR 1000EUR 150
      Account closingFreeFree
      Transfers within the payment systemFreeFree
      Transfers in EUR within the EEAFrom EUR 45 to EUR 100From EUR 0.35 to EUR 100
      Transfers in EUR outside the EEAFrom EUR 75 to EUR 200From EUR 75 to EUR 200
      Monthly feeEUR 100EUR 20

      Corporate accounts for companies registered in Nevis can be opened in EUR. You will access the funds in your company account directly from your smartphone. In addition, you can take advantage of many other payment system features.

      You can get more detailed information on what these opportunities are and on a corporate account in the UK payment system from our specialists.

      To open a corporate account in the UK payment system for your BC in Nevis, you will need the following documents:

      • Certificate of Formation copy
      •  Memorandum of Association/Articles of Association/Bylaws/Operating Agreement copy
      • description of your company’s activity field (partners, activity regions, settlement system, working pattern, etc.)
      • proof of doing business (bank statement, declarations, financial statements, tax certificate)

      Required documents for Nevis BC owners and managers:

      • passport copy (notarized)
      • document confirming the residence address
      • short biography
      Notice blue

      Important! All documents must be translated into English and notarized. The payment system legal department may request additional documents.

      In addition, you need to correctly fill in, sign, and scan the required forms for opening an account. All scans must be readable and of high quality. Otherwise, a denial of service may follow.

      The procedure for registering a BC company in Nevis and opening a corporate account in the UK payment system

      To start the procedure, you need:

      1. Contact us at info@qwealthreport.com for professional advice on registering BC in Nevis and opening a UK business account.
      2. Prepare scanned copies of the documents that the consultant will ask for verification.
      3. Pay for our assistance in registering a company and opening a corporate account. The price is from 4699 EUR.

      You can pay by a regular bank transaction, by card, and using such payment systems as MoneyGram, Western Union, or WebMoney.

      1. Then, send the original documents required to open BC in Nevis and UK corporate account to our back office.
      2. After receiving all the documents and full payment, we will proceed to the opening procedure. The term is about two weeks.
      3. Upon completion, we will send the original documents by courier to the address you specified.

      You can contact our experts right now at the address above to request this service!

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      Need a consultation?
      Please read other interesting articles at Q Wealth portal:
      1. A BC in Nevis with a Corporate Account in the UK Payment System
      2. LLC in Nevis with a Corporate Account in the UK Payment System
      3. An LLC in Nevis with a Corporate Account in the UK Payment System
      4. Register a BC in Nevis with a Corporate Account in a Bank of Liechtenstein
      5. Open a Corporate Multi-Currency Account in the UK Payment System
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      7. Open a Corporate Account with a British Payment System
      8. Opening a corporate account in the UK

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