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Nevis As A Tax Haven

Nevis tax haven is a Caribbean island that along with St Kitts makes up the federation of St Kitts and Nevis. Nevis tax haven is situated to the west of Antigua. The population of the island is approximately 12,000 inhabitants. The tax haven of Nevis is an English speaking country. The capital is Charlestown.

Nevis tax haven is amongst the more popular offshore tax havens to be found in the Caribbean region. Nevis tax haven provides offshore services to clients around the world. Offshore services offered in tax haven Nevis include offshore banking, the incorporation of offshore companies or Nevis International business companies, Nevis Multiform Foundations, International Trusts, Limited Liability Companies and Limited Partnerships.Nevis tax haven is a pure tax haven in that no local Nevis taxes are paid on foreign generated income by Nevi offshore entities. Offshore legislation in Nevis tax haven prohibits most offshore companies incorporated in the jurisdiction from doing business within the country and with residents of the countries therefore all these business entities are tax free entities. The offshore business companies incorporated in the tax haven of Nevis provide the beneficial owners with an avenue to reduce on tax liabilities.

Nevis tax haven offshore business companies are exempted from local income tax, corporate tax, capital gains tax and withholding tax. Offshore business companies incorporated in Nevis tax haven must pay at the end of each financial year an annual license fee which is normally set at a very affordable rate.Nevis tax haven provides privacy and confidentiality for the beneficial owners of Nevis offshore companies as well as other offshore clients to the jurisdiction. The names of the beneficial owners of Nevis offshore companies are not filed as part of public record therefore making this information very private. The financial statements of Nevis tax haven offshore companies are also private to the shareholders of the offshore companies. This is not filed with the local tax authorities.

Nevis tax haven makes the incorporation of offshore business companies very easy. Offshore laws states that for the incorporation of an offshore company a registered agent must be employed. This person files all the necessary documents and prepares all the paper work needed for offshore incorporation. Offshore company formation is very affordable in Nevis tax haven and the companies are very easy to maintain. Most offshore companies in Nevis tax haven require just one shareholder or member for offshore incorporation.

Nevis tax haven offers quality offshore banking at a leading offshore banking institution on the tax haven. Nevis offshore bank provides services such as online banking, credit and debit cards, ATM banking among other services. Income placed in offshore bank accounts in Nevis tax haven is not taxed. Offshore banking in Nevis tax haven safeguards all information in offshore bank accounts. According to the Confidentiality Relationship Act information in offshore bank accounts cannot be given out to outside parties. The offshore banking ordinance of Nevis tax haven states that no statement or information is required of offshore bank accounts by the Central Bank or any minister of government.

Nevis tax haven has all the qualities of a very good tax haven providing a tax free environment as well as privacy and confidentiality.

 
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