Summary
Often called the "Delaware of the Caribbean", Nevis is rapidly becoming a jurisdiction of choice for offshore entities. Legislation based on the Delaware Act, a modern communications and service infrastructure, very strong privacy considerations and close proximity to the US combine to make Nevis increasingly more attractive. Confidentiality is assured with no public filing of the identities of stockholders (or members in the case of LLCs.) Company formation in Nevis is cost-effective and quick.

The type of company used for international trade (which does not do business in Nevis) is known as an Offshore Exempt Company (similar to an IBC.) Limited Liability Companies (legislation is based on the Delaware act) are also available. The LLC legislation was drafted with the US tax code in mind so Nevis LLCs can comply fully with US requirements to qualify as a partnership for tax purposes.

Population
44,000

Legal System
Nevis is a sovereign democratic state within the British Commonwealth of nations. The political structure is based on the British parliamentary democracy.

Climate
Yearly average temperature is 79 degrees; annual rainfall averages 55 inches; humidity is low, and constant northeast trade winds keep the islands cool.

Currency
East Caribbean Dollar (EC$)

Location and Size
Nevis is located in the northern part of the Leeward Islands in the eastern Caribbean, 19 degrees north of the equator, and is approximately 7 miles in diameter, covering a total of 36 square miles.