Thriving local and ex-pat community
Booming tourism industry
Proximity to the USA
Ease of operation, maintenance, and control
English-based legal system
No capital gains, income or inheritance tax
No requirement of annual financial records
Companies can be incorporated either in the form of Limited Liability Companies ('LLCs') or International Business Companies ('IBCs'). LLCs can be Private or Public Companies. The key aspects of a Private LLC are – Shareholders' liability is limited to the extent of their contribution to the company, there is absence of any minimum capital requirement. A minimum of 1 shareholder and max 50 shareholders are permitted, and a Minimum of 1 director is required. It is necessary to have a registered office in this destination. Further it is Mandatory to appoint a secretary, and it is Mandatory to include the suffix 'Limited' in the company name.
The key feature of a Public LLC is that the Shareholders’ liability is limited to their contribution to the company. No minimum capital requirement. A minimum of 51 shareholders and 3 directors are required. It is permitted for offer shares to the public, a registered office, and the appointment of a secretary. Mandatory to include the suffix 'Limited' in the company name must file its audited accounts with the ROC.
An IBC is a company registered under the Companies Act and the Nevis Business Corporation Ordinance in this destination but operates outside the country. Such companies aren't allowed to do business with residents and target only non-resident customers. There is a restriction on them from owning any real property in the country or conducting business activities relating to banking, assurance, insurance, fund and collective investment schemes. IBCs are typically formed as holding or investment companies.
A partnership is formed when 2 or more persons have agreed to carry on a business for profit as co-owners. Partnerships can be formed as general partnerships or limited partnerships under a general partnership, the partners have joint and several liabilities for the partnership firm's obligations.
Such Partnerships are established under the Limited Partnerships Act and formed by one or more general partners and one or more limited partners. General partners have the liability for all the firm's debts and obligations, whereas the limited partner's liability is limited to his contribution to the company. The name of the limited partnership must have the suffix "limited partnership" or "LP".
A sole proprietorship can be incorporated by an individual who shall be liable for all the debts and obligations of the company.
Foreign companies can carry out their operations by forming an 'External Company', i.e., a Branch Office in this destination, or by the constitution of a Subsidiary or a Branch Office. A subsidiary can be formed either as a private LLC or as a public LLC, or as an IBC with foreign holding, depending on certain restrictions. A branch is not considered a separate legal entity in this destination. Its operations are already defined by the foreign parent company.
The types of taxes available in St. Kitts and Nevis are as follows:
Corporate Income Tax
Social Security Contributions
Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.
Our St. Kitts and Nevis Entry Strategy services involve the following services:
Our St. Kitts and Nevis Entry Strategy is classified into the following:
Business Structures available in St. Kitts and Nevis are Private LLCs, Public LLCs, International Business Companies (IBC), Partnerships, Limited Partnerships, Sole Proprietorships, and subsidiary or branch offices. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in St. Kitts and Nevis. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.
Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory on issues related to the management of the business.
Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.
Enterslice also provides complete bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers, and accounts receivable and payable sub-ledgers. In addition to audits, Enterslice also provides financial reporting, accounting guidance, and bookkeeping services. They aid in the production of accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on difficult accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled.
Our Tax Experts assist in filing tax returns. We assist companies in reporting profits within 3.5 months from the end of the financial year. We provide advisory relating to various types of taxes.
Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.
a) Select a name for the company
b) Appoint a registered agent and provide all information to him
c) Fill in the application and submit the necessary paper.
d) Review and draft company statutes
e) Grant of registration certificate
f) Purchase of company seal and stamp
g) Obtain various business licenses
h) Open a Corporate Bank Account
i) Incorporation of the company
a) Professional Support
b) 24*7 Customer Support
c) Highly Integrated IT Team
d) Tailor-made solution for our clients
e) Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.
f) All-inclusive solution for our clients
24x7 Client relationship support desk.
Tech-enabled service delivery platform.
Dedicated foreign Investment desk.
50,000+ Network of Lawyers/Attorney’s/CPA/CA/CFA.
Strong team of Inhouse Lawyers/Attorney’s/CPA/CA/CFA
A wide Network of Audit and Law firms in India.
Individual and Dedicated professionals on every assignment.
We register 100+ Companies every Month.
If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
“Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.”
“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
Haiden Group - UAE