Funds Security
Real Money

Trusts

Part 7, Section 36 of the NIETO outlines the registration process for Trusts.

The registration of a Trust must be carried out by a registered agent, such as an attorney or local management company. An application for entry on the register of International Trusts shall be made in a manner and form prescribed by the Registrar. The application shall be accompanied by:

  1. The prescribed fee
  2. Notice of the name and registered office of the Trust
  3. Undertaking that Trust document has been read and it conforms with NIETO
  4. Name of the Trustee – one of the trustees has to be a corporation incorporated under the NBCO or a trust company doing business in Nevis
  5. A certificate from a trustee company, a barrister or solicitor certifying:-
    1. That the trust upon registration will be an international trust
    2. The date on which the Trust was created, settled or established
    3. In the case of a qualified foreign trust, the law under which the trust was settled
    4. Where the governing law is changed to the law of Nevis, that the trust is registered as a qualified foreign trust and the date of its registration
    5. (a) There has been no changes made to the International Trust
      (b) There is no illegal activity perpetuated by the Trust and/or
      (c) Pending litigation against the Trust
Type of DocumentXCDUSD
Registration Fee (International Exempt Trust)675.00250.00
Registration Fee (Qualified Foreign Trust)675.00250.00
Certificate of Registration 27.00 10.00
Annual Renewal Fee675.00250.00
Certificate of Renewal of Registration 27.00 10.00
Penalty for Late Renewal675.00250.00
Reinstatement/Restoration Fee540.00200.00
Certificate of Good Standing 95.00 35.00
Voluntary Filings108.00 40.00
Termination of Trust135.00 50.00
Apostille 68.00 25.00
Miscellaneous Letter135.00 50.00
Administrative Fee (rush requests, re-application of fees request etc.) 80.00 30.00
Re-registration/Restoration Fee540.00200.00
Filing Notice of Change of Registered Agent and Registered Office100.00 37.00
Filing Notice of Change of Trustee 68.00 25.00
Name Reservation 80.00 30.00
Renewal of Name Reservation 80.00 30.00
Certified True Copies of Filed Documents (Including first 3 pages) 27.00 10.00
Each Additional Page  2.00  0.75
Certificate Certifying True Copy 68.00 25.00
Filing Notice of Change of Name/Amendment405.00150.00
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IBCs

Part IV of the NBCO deals with the incorporation of IBCs and sets out the guidelines to follow.

The incorporation of a Nevis IBC must be carried out by a duly licensed registered agent.

  1. The name of the corporation may be reserved.
  2. The registered agent files the Articles of Incorporation with the Registrar of Corporations.
  3. The Articles of Incorporation must include the following:
    1. the name of the corporation;
    2. the authenticated translation of the name of the corporation, if it is so registered;
    3. a statement that the corporation is incorporated under this Ordinance;
    4. the succession of the corporation if other than perpetual;
    5. the purpose or purposes for which the corporation is incorporated;
    6. the name of the registered agent of the corporation;
    7. the registered office of the corporation in Nevis which shall be the address of its registered agent;
    8. the aggregate number of shares which the corporation shall have authority to issue; description and par value if any to be included;
    9. if the initial directors are to be named in the Articles of Incorporation, the names and addresses of the persons who are to serve as directors;
    10. the name and address of each incorporator;
    11. The articles must be signed by the incorporator(s), execution of which is to be done in accordance with Section 4.
ParticularsXCDUSD
Articles of Incorporation675.00250.00
Articles of Incorporation with Bylaws  810.00 300.00
Certificate of Incorporation27.0010.00
Endorsement Certificate 27.0010.00
Articles of Amendment432.00160.00
Annual Renewal Fee675.00250.00
Articles of Merger or Consolidation/Conversion932.00345.00
Re-stated Articles of Incorporation  311.00115.00
Articles of Dissolution405.00150.00
Certificate of Dissolution 27.00 10.00
Certificate of Renewal27.0010.00
Certificate of Correction270.00100.00
Certificate of Good Standing95.0035.00
Voluntary Filings108.0040.00
Name Reservation 80.0030.00
Renewal of Name Reservation 80.0030.00
Certified True Copies of Filed Documents  
(Including first 3 pages)         
 27.0010.00
    -Each Additional Page  2.00 0.75
Copies of Filed Documents (per page)2.00 0.75
Certificate Certifying True Copy of Filed Documents68.0025.00
Filing Notice of Change of Registered Office/Agent100.0037.00
Apostille68.0025.00
Transfer of Domicile to Nevis702.00260.00
Certificate of Departure702.00260.00
Emergency Transfer of Domicile to Nevis932.00345.00
Tax Exemption Letter176.0065.00
Any other Certificate68.0025.00
Penalty for late filing of Annual Fees
 -(First six months)311.00115.00
 -(After six months)675.00250.00
Reinstatement/Restoration Fee540.00200.00
Miscellaneous Letter135.0050.00
Corporation Search (inspection only)27.0010.00
Corporation Search Report55.0020.00
Administrative Fee (rush request, re-application of fees requests etc).80.0030.00
Acceptance of Service by Registrar162.0060.00
Application for Registration of a Charge540.00200.00
Application for Variation of Registered Charge432.00160.00
Registration of Satisfaction of Registered Charge  270.00  100.00
Filing Notice of Resignation of Registered Agent100.00 37.00
Certificate of Continuation27.0010.00
Application fee for licence for administrative office5,400.002,000.00
Issuing a Statement/Declaration of Involuntary Dissolution27.0010.00
Annual renewal of licence for administrative office5,400.002,000.00
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LLCs

Part IV of the NLLCO offers direction on the formation of LLCs.

The organisation of an LLC must be carried out by a duly licensed registered agent. The formation may be achieved in twenty four (24) hours.

  1. The name of limited liability company may be reserved.
  2. The registered agent files the Articles of Organisation with the Registrar of Companies.
  3. The Articles of Organisation must include the following:
    1. the name of the limited liability company;
    2. the authenticated translation of the name of the limited liability company, if it is so registered;
    3. a statement that the limited liability company is formed under this Ordinance;
    4. the latest date on which the limited liability company is to dissolve, or if the limited liability company shall have unlimited duration;
    5. the name of the registered agent of the limited liability company;
    6. the registered office address of the limited liability company in Nevis which shall be the registered office of its registered agent;
    7. whether the limited liability company is managed by managers exclusive of the members or by all of the members in their capacity as members;
    8. the purposes for which the limited liability company is formed;
    9. the name and address of each organiser of the limited liability company.
Type of DocumentXCDUSD
Articles of Organization   675.00   250.00
Articles of Organization with Operating Agreement as exhibit   810.00   300.00
Endorsement Certificate     27.00     10.00
Articles of Amendment   432.00   160.00
Annual Renewal Fee   675.00   250.00
Restated Articles of Organisation   311.00    115.00
Articles of Dissolution   405.00   150.00
Certificate of Dissolution     27.00     10.00
Articles of Merger/Consolidation/Conversion   932.00   345.00
Certificate of Renewal     27.00     10.00
Certificate of Good Standing     95.00     35.00
Voluntary Filings   108.00     40.00
Name Reservation     80.00     30.00
Renewal of Name Reservation     80.00     30.00
Certified True Copies of Filed Documents
(Including first 3 pages)
     27.00     10.00
Each additional page       2.00       0.75
Copies of Filed Documents (per page)       2.00       0.75
Certificate of Certifying True Copy of file documents     68.00     25.00
Filing Notice of Change of Registered Office/Agent   100.00     37.00
Apostille     68.00     25.00
Transfer of Domicile to Nevis   702.00   260.00
Certificate of Departure   702.00   260.00
Emergency Transfer of Domicile to Nevis   932.00   345.00
Conversion of Nevis Business Corporation to Company   608.00   225.00
Tax Exemption Letter    176.00     65.00
Any Other Certificate      68.00     25.00
 Penalty for late filing of Annual Fees
   -(First six months)     311.00    115.00
   -(After six months)    675.00   250.00
Reinstatement Fee/Restoration Fee    540.00   200.00
Certificate of Correction    270.00   100.00
Miscellaneous Letter     135.00     50.00
Company Search ( includes inspection only)       27.00     10.00
Company Search Report       55.00     20.00
Administrative Fee (rush requests, re-application of fees request etc.)      80.00     30.00
Acceptance of Service of Process by the Registrar     162.00     60.00
Certificate of Formation       27.00      10.00
Application for Registration of a Charge     540.00   200.00
Application for Variation of a Registered Charge     432.00    160.00
Registration of Satisfaction of a Registered Charge     270.00    100.00
Filing Notice of Resignation of Registered Agent     100.00       37.00
Certificate of Continuation       27.00       10.00
Issuing a Statement/Declaration of Involuntary Dissolution       27.00      10.00
Application fee for licence for administrative office 5,400.00 2,000.00
Annual renewal of licence for administrative office 5,400.00 2,000.00
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