Modern and Flexible Legislation

Saint Kitts and Nevis has offshore legislation as a Federation, but so does Nevis independently. On the whole, Saint Kitts focuses on attracting inward industrial and tourist investment, while Nevis concentrates more on offshore asset protection.

Nevis has considerable autonomy in its legislative branch. The constitution empowers the Nevis Island Legislature to make laws that cannot be abrogated by the National Assembly.

Generally, the four major pillars of the Nevis international financial services industry are the Nevis Business Corporation Ordinance, 1984 (NBCO); the Nevis International Exempt Trust Ordinance, 1994 (NIETO); the Nevis Limited Liability Company Ordinance, 1995 (NLLCO); and the Nevis Offshore Banking Ordinance, 1996 (NOBO).

Source: Wikipedia, lowtax.net, Nevis Financial Services Development & Marketing Department