Saint Kitts and Nevis, located between the Atlantic Ocean and the Caribbean Sea, has been an offshore jurisdiction since 1984. The country's favorable laws offer comfortable conditions for cost-efficient operations. The government provides comprehensive support and privileges to foreign entrepreneurs, ensuring a stable business environment with confidentiality guarantees. Saint Kitts and Nevis are an excellent choice for sustainable business growth.
Manimama ensures a seamless company registration process in Saint Kitts and Nevis. Trust us to provide expert guidance and support, so your business can thrive from day one in Saint Kitts and Nevis. Start your journey with confidence, knowing you have the best team by your side.
Legal Opinion about Saint Kitts and Nevis as a Jurisdiction for Company Formation
Ganna Voievodina
Manimama, CEO
"Saint Kitts and Nevis is a favorable jurisdiction for company formation due to its robust legal framework and attractive tax incentives. The stable political environment further enhances its appeal as a reliable and secure place to establish a company".
Our Packages
Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.
Company Formation
- Company formation
- Registered address for the 1st year
- Annual accounting requirement bookkeeping
Annual Services
- Company renewal and registered address
- Annual Government Tax
- Mandatory Financial Beneficiary Report
Other Services
- Set of corporate documents (certified/apostille)
- Nominal service for 1 year
- Offshore banking
Key Numbers about Saint Kitts and Nevis as a Jurisdiction for Company Formation
2 weeksaverage term of company formation |
аt least 1shareholder in the company |
аt least 1director in the company |
0/33%corporate income tax (CIT) rate |
0%personal income tax (PIT) rate |
17%value-added tax (VAT) rate |
Set up Your Company in Saint Kitts and Nevis in Several Steps
Step 1. Initial Setup
- Initiating a preliminary project assessment
- Preparation and filing of the package of documents
Step 2. Company registration
- Identify your registered agent
- Verification and reservation of the company name
- Incorporating the company's data into the Register
- Obtaining the Certificate of incorporation from the Register, Memorandum and Articles of Association
Requirements for Company Formation in Saint Kitts and Nevis
Before deciding to set up a new company in Saint Kitts and Nevis, read the information below to understand the characteristics of a International Business Company (IBC):
Shareholders: at least one shareholder (can be an individual or corporate; no requirement for Nevis residency).
Director: at least one director (can be an individual; no requirement for Nevis residency).
Office: registered office in Saint Kitts and Nevis.
Minimum Share Capital: there is no minimum share capital.
Liability: limited to the amount of shares respectively held by them.
Accounting: no need for filing annual returns or financial accounts, but proper and complete financial records have to be maintained.
Taxes in Saint Kitts and Nevis
CIT rates:
- for a resident company - 33% on worldwide income;
- for a non-resident company - it is tax-exempt for all incomes derived outside of the country.
There is no PIT in Saint Kitts and Nevis.
Value-added tax (VAT)The standard VAT rate is 17%.
Reduced VAT rates:
- 10% (hotel accommodation and restaurants);
- 0%.
There are some items that are not covered by VAT. These items are referred to as Exempt goods and services:
- insurance (vehicle, medical, life, property);
- transportation;
- education services (tuition fees);
- interest on loans;
- electricity;
- water (domestic);
- most services provided by doctors and dentists;
- others.
Double taxation avoidance agreements in Saint Kitts and Nevis: Canada, Denmark, Monaco, New Zealand, Norway, San Marino, Sweden, Switzerland, United Kingdom, USA.
Start Your Company Formation Process with Manimama
There are numerous reasons why Manimama is the leading company formation agent in Saint Kitts and Nevis:
Expertise in Regulations of Saint Kitts and Nevis
- 1. Manimama has an in-depth understanding of the legal and regulatory framework of Saint Kitts and Nevis.
- 2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.
Local and International Experience
- 1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
- 2. Our expertise spans various industries, providing customized solutions for each client.
Efficient and Timely Service
- 1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
- 2. Our efficient processes minimize delays and get your business up and running quickly.
Client-Centric Approach
- 1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
- 2. Our dedicated team is always available to address any concerns and provide expert advice.
Robust Network of Local Partners
- 1. We have established strong relationships with local authorities, banks, and service providers.
- 2. This network ensures that your business receives the best possible support and resources.
Ongoing Compliance Support
- 1. We provide continuous support to ensure your business remains compliant with laws of Saint Kitts and Nevis.
- 2. Our team keeps you updated on any regulatory changes that may impact your company.
Frequently Asked Questions
-
What is the minimum share capital required to form a company in Saint Kitts and Nevis?There is no minimum share capital requirement for IBCs in Saint Kitts and Nevis.
-
Do I need a local director or shareholder to form a company in Saint Kitts and Nevis?No, there is no requirement for local directors or shareholders. Non-residents can fully own and control the company.
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What are the tax benefits of forming a company in Saint Kitts and Nevis?Saint Kitts and Nevis offers a tax-free environment for IBCs, with no corporate income tax, capital gains tax, or withholding tax.
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Can I form a company in Saint Kitts and Nevis without visiting the country?Yes, the entire incorporation process can be completed remotely through a registered agent.
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Are there any restrictions on the type of business activities?Generally, there are no restrictions on the type of business activities, except for regulated sectors like banking and insurance.
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Is there a need for a registered office in Saint Kitts and Nevis?Yes, a registered office address provided by a registered agent is mandatory.
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Are there any specific industries that benefit from forming a company in Saint Kitts and Nevis?Yes, industries such as international trade, e-commerce, and financial services often benefit from the favorable regulatory environment.
Client Feedbacks
"Manimama OU's team delivered exceptional legal guidance for our business setup, ensuring a smooth and efficient process. Their professionalism and expertise were evident in every step."
"We were impressed by the comprehensive legal solutions offered by Manimama OU. Their in-depth knowledge and client-centric approach made all the difference in navigating complex regulatory requirements."
"The legal support from Manimama OU was outstanding. They provided clear, actionable advice that greatly benefited our international business expansion."
Manimama as the Best Solution for Your Company Formation in Saint Kitts and Nevis
By choosing our company formation service in Saint Kitts and Nevis, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Saint Kitts and Nevis and pave the way for your business success.
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