The Nevis LLC is one of many types of offshore companies being offered as part of offshore services in the offshore tax haven of Nevis. Nevis LLCs are formed for carrying out legal business operations around the world. The Nevis LLC Act was first passed in the offshore tax haven in 1995 and has been amended a number of time to provide a more modern and competitive business company. The registration of a Nevis LLC is done by the Registrar of companies in the jurisdiction.

The Nevis LLC is a business entity which provides asset protection for clients. All assets placed in a Nevis LLC are protected by the laws of the jurisdiction and foreign court orders and rulings made against Nevis LLCs are not recognized under Nevis Laws. A Nevis LLC can be formed by a single individual. The persons forming a Nevis Limited Liability company (LLC) are known as members. According to Nevis LLC legislation each limited liability company registered in Nevis must be done by a registered agent. Nevis LLC company registered without a registered agent are not considered to be legal entities in tax haven Nevis. There are many reliable and professional registered agents offering services of company incorporation in the offshore jurisdiction of Nevis.

The formation of a Nevis Limited Liability Company takes approximately two working days to be realized. The registered agent working on behalf of the members of the Nevis LLC prepares the Articles of Organization for the Nevis LLC. This is presented to the Registrar of Companies in Nevis. If the requirements are met the Registrar of companies will issue the company a Certification of Incorporation making the Nevis LLC a legal entity. The information to be presented in the Articles of Organization for Nevis LLCs is as follows:

• The name of the Nevis LLC
• The name and address of the Nevis LLC
• A signed statement that the Nevis LLC is being formed under the Nevis Limited Liability Company Act
• The date by which the Nevis LLC will be dissolved
• State who will be responsible for the management of the Nevis LLC whether it will be members or someone brought in from outside
• The by- laws of the Nevis LLC

The Nevis Limited Liability Company is prohibited by the laws of the country to carry out any type of business operation in the jurisdiction of Nevis. Nevis Limited liability have the added advantage of being incorporated in a tax haven this therefore means that foreign earned incomes of the Nevis LLC will not be subjected to local Nevis taxes. The Nevis LLC is exempted from the following local taxes; income tax, corporate tax, capital gains tax and withholding tax. The Nevis LLC has to pay an annual licensed fee at the end of each year to the Registrar of companies in the tax haven. In addition Nevis LLCs benefit from privacy and confidentiality laws in the jurisdiction. There is no need for a Nevis LLC to file its annual financial statements with the tax authorities.

The Nevis LLC is a very modern company with many benefits and advantages to the beneficial owner.