A Nevis LLC is a limited liability offshore company established in Nevis, W.I. for asset protection purposes. The Island of Nevis, W.I. enacted a favorable LLC Ordinance in 1995. The Nevis Assembly amended the Ordinance in 2015 to improve the asset protection benefits of a Nevis LLC.

Can an offshore company own an LLC?

For more on how to plan your offshore business, see: Pay Zero Income Tax the Legal Way. If your business won’t net more than the Foreign Earned Income Exclusion, you can operate through an offshore LLC. You might choose an LLC because IRS Form 8858 is much less detailed than IRS Form 5471 used for foreign corporations.

How much does it cost to set up a Nevis LLC?

Speed – A Nevis company can be established in 24 hours. Price – Rather than the typical $5,000 to $8,000 for an offshore company, you can form a Nevis LLC for only $1685.

How do I set up a Nevis LLC?

In order to establish a Nevis LLC, a company must submit the Articles of Incorporation to the Registrar of Companies, which includes the name of the company, name and address of the register company, together with the appropriate fee.

How much is an offshore LLC?

Forming offshore companies can cost anywhere between $1685 in Nevis and $17,000 in China depending on where you are incorporating and what type of business structure(s) are being formed.

Are Nevis banks safe?

Nevis that is an offshore centre in the Caribbean region, and an independent stable state (part of the Federation of St. Kitts and Nevis) with its own banking system and banking secrecy, securely enshrined in the law.

Are Cook Island Trusts Safe?

A Cook Islands trust is a legal tool to protect assets from creditors and lawsuits. Many legal professionals consider the Cook Islands trusts as the world’s strongest legal vehicle for asset protection and financial privacy. Lawsuits pose significant threats to the assets of hard-working individuals.

How do I start an offshore LLC?

Open an Offshore Company in 3 Steps

1. Offshore company selection – Choose your offshore company jurisdiction, type of company, and company name.
2. Offshore company Setup – Submit fee, business plan and all personal documentation and KYC forms.

How much does Nevis offshore company cost to form?

Nevis LLC & Offshore Company Services Nevis LLC $1685 Nevis LLC plus Caribbean bank account $2,235 Nevis LLC plus Swiss Bank account $2,135 Nevis LLC plus Nevis Complete Management Program $3,685

Is it legal to own an offshore bank account in Nevis?

Nevisian law favors upholding the independence and application of its own law over the enforcement of foreign, onshore laws. Your offshore company should own your offshore a bank account.

Where can I set up an offshore company?

Nevis Offshore Company – Corporations & LLCs. The Caribbean Island of Nevis has become one of the most attractive and convenient offshore company domiciles in the world by the enactment of the Nevis Business Corporation Ordinance 1984.

Where can I find Nevis limited liability company?

Nevis has Limited Liability Company (Nevis LLC) law, which offers superior asset protection to corporation law of other jurisdictions. Nevis Corporation dividends or distributions which are not earned on the island Principle office and records for an Offshore Corporation in Nevis may be located anywhere in the world