Why do business in Nevis?

Nevis is an economically and politically stable jurisdiction with over 25 years of experience as an international financial centre. As such, Nevis offers an array of onshore and offshore business opportunities for financial institutions and investors seeking ways to increase their opportunities in the ever-changing global marketplace. These services are seen as a compatible and complementary addition to the island's tourism industry.

The initiatives undertaken by Nevis over the years have resulted in Nevis being recognised as a predominant jurisdiction with many competitive advantages. Of notable mention are the following:

• An independent Government based upon the Westminster model of Government and continuity of national policy;
• A history of political stability;
• A solid reputation with the commitment to having a proper regulatory regime;
• World-class, progressive, user-friendly legislation;
• A stable and secure economy with a strong currency;
• Over 50 highly qualified trust and asset management companies, registered agents and other service providers with expertise in law, accounting, banking, taxation & finance;
• Easy registration of companies and large availability of names;
• Reasonable incorporation and annual renewal fees;
• No personal income taxes;
• Exemption of offshore companies from income, social security, capital gains, with-holding, gift, estate and succession taxes;
• The granting of tax holidays, concessions and exemptions to qualified companies under the Fiscal Incentives Act;
• Secrecy of information which is protected by the Confidential Relationships Act;
• A wide range of developed support services, such as state-of-the-art telecommunications facilities, professional and competent attorneys and accountants and a range of local, regional and international banking institutions;
• A population with a 98% literacy level; an adaptable and trainable workforce;
• A newly renovated airport; easy accessibility to Europe and North America;
• World-class accommodation facilities.