Saint Kitts is located in the Caribbean and is part of the joint island state of Saint Kitts and Nevis. This is an offshore company in the direct sense. The main advantages of setting up a company in this jurisdiction are as follows:
- complete absence of tax collections;
- there are no reporting requirements;
- high level of confidentiality, since the register in this state is closed;
- the ability to resort to nominee services;
- protection of offshore structures by state authorities and providing them with active support.
St. Kitts company form
The type of company available to non-residents in St Kitts is NBCO – a tax exempt company. The company must fulfill the following requirements:
- attract a local agent and register an office;
- at least the company needs 1 shareholder;
- the management of the company includes at least 1 director;
- legal entities are allowed to act as directors and shareholders.
Capital requirements
- There are no initial capital requirements.
- It is recommended to have about 100 thousand dollars to start a business, which are divided into shares of $ 1.
- You do not need to pay the Criminal Code in full. The minimum deposit is $ 1.
Tax system
St. Kitts is an offshore company, therefore non-residents do not pay tax fees. There are also no requirements for filing reports (neither financial, nor accounting) for each annual period.
Registration package for a company in St. Kitts
Standardly, the package of registration documents includes:
- certificate of incorporation;
- a decision confirming the appointment of a person to the position of director;
- Status and founding agreement;
- promotional certificates;
- power of attorney if the company uses nominee services;
- apostille;
- stamp.
If you need to register a company in St. Kitts, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in St. Kitts. Write to us in the CRM form and we will help you register a company.
Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.
We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.
If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.