In short
St Kitts & Nevis taxes a company run from abroad only on income from St Kitts & Nevis. If your LLC or corporation has no business there, it generally pays no income tax, but it still files a yearly CIT-101 return.
Facts checked November 2026
Nevis company formation
A Nevis LLC or Business Corporation, filed with the Nevis Registrar by our licensed registered agent.
LLC or Corporationfrom $1,699 one-time
- 3–7 days after KYC
- Territorial tax for non-residents
- Not on the EU lists
At a glance
- Company types
- Nevis LLC from $1,699 · Business Corporation from $1,699
- Nevis LLC
- One member is enough. Members or managers can live anywhere, and no capital is required.
- Corporation
- At least one director and one shareholder, of any nationality. Bearer shares are banned.
- Registered agent
- A licensed Nevis agent and office are mandatory. Ours is included for year one.
- Owner records
- Your licensed agent holds owner details for the regulator and tax office. Changes reach the agent within 15 days.
- Every year
- The $300 government fee, a CIT-101 return to Inland Revenue and accounting records kept for 5 years.
- EU status
- Not on the EU blacklist or grey list as of 9 October 2026.
- Timeline
- 3–7 days after KYC
Taxes, explained simply
Your company pays
-
Territorial
What is taxed
A company managed abroad is taxed only on income from St Kitts & Nevis.
-
25%
Corporate income tax
On local income, or on worldwide income if the company is managed and controlled in St Kitts & Nevis.
-
17%
VAT
Only on supplies in St Kitts & Nevis. Registration above XCD 150,000 a year.
-
$300
Yearly government fee
Paid by every Nevis LLC and corporation through its registered agent.
You personally
-
None
Personal income tax
St Kitts & Nevis has no personal income tax.
-
None
Wealth or inheritance tax
No wealth, inheritance or estate tax.
You’re still taxed where you live. Your home country may tax the company’s profit under its controlled foreign company rules, or treat it as resident if it is managed from there.
How it works
-
Form your Nevis company
LLC or corporation, filed with the Nevis Registrar by our agent.
You get: Nevis company
-
Get a registered agent
Licensed agent and office in Nevis, which every company must have.
You get: Nevis office
-
Record your owners
Members, directors and owners recorded with your licensed agent.
You get: Company registers
-
Open bank or EMI
We introduce you to a bank or EMI abroad and prepare your file.
You get: Bank-ready file
-
Stay compliant
Yearly $300 fee and CIT-101 return, records kept for 5 years.
You get: Deadline reminders
What’s included
Fixed one-time prices. Government fees are shown before you pay.
Explorer
$1,699one-time
Nevis LLC, gov. fees included
- Articles plus operating agreement or bylaws
- Year-one registered agent and office
- Company registers
- Compliance reminders
- Email support
Go
$2,199one-time
Nevis LLC, gov. fees included
Everything in Explorer, plus:
- Bank or EMI introduction
- Year-one CIT-101 filing
- WhatsApp support
Pro
$2,899one-time
Nevis LLC, gov. fees included
Everything in Go, plus:
- Multi-bank support until an account opens
- Certificate of good standing and apostilled set
- Priority support, same-day replies
Then $1,199 a year from month 13.
What you’ll need
- Certified copy of the passport of every member, manager, shareholder and director
- Certified proof of address for each of them. We send the wording for the notary or lawyer
- Source of funds, such as a statement or bank reference
- Two name choices. We add LLC, or Corp., Inc. or Ltd
- What the company will do, in plain words
Banking
- Go includes a bank or EMI introduction. Pro adds multi-bank support until an account opens.
- Accounts are opened abroad after full due diligence. Expect weeks, not days.
- On Explorer, add bank account help for $199.
Approval is always the bank’s or provider’s decision.
After formation: what’s due
| When | What |
|---|---|
| Every year | $300 government renewal fee, paid through your registered agent. Late: $200, or $400 after 6 months |
| Every year | CIT-101 return to the Inland Revenue Department, even with no income. Included in Go for year one |
| Within 15 days | Tell your agent about any change of owners, members, directors or managers |
| Always | Keep accounting records for 5 years |
| Every year | Registered agent renewal, in our $1,199 annual plan from month 13 |
Nevis company formation FAQs
How long does it take to form a Nevis company?
Usually 3–7 days after your identity checks are approved.
Do I need a local director?
No. Members, managers and directors can live anywhere. A licensed Nevis registered agent is mandatory, and ours is included for year one.
Is a Nevis company tax-free?
Not by law any more. Since 2021 Nevis companies fall under the Income Tax Act, but a company managed abroad is taxed only on income from St Kitts & Nevis. The rate is 25%.
What do I file every year?
The $300 government fee through your agent and a CIT-101 return to Inland Revenue. Keep accounting records for 5 years.
LLC or corporation?
An LLC suits one owner or a few partners and needs no officers. A corporation suits share-based ownership and investors.
Is there economic substance?
St Kitts & Nevis has no economic substance rules.
Can you help me open a bank account?
Yes. Go includes a bank or EMI introduction, and Pro adds multi-bank support. Approval is always the bank’s decision.
Can I move my existing Nevis company to you?
Yes, for $290 plus the annual plan. Your current agent must confirm no fees are owed.
Sources (8)
Rates and fees from official and Big Four sources, with the date each was last reviewed.
- Nevis FSRC: Limited Liability Companies 2026
- Nevis FSRC: Business Corporations 2026
- SRO 9 of 2024: corporation fees 1 Apr 2025
- SRO 10 of 2024: LLC fees 1 Apr 2025
- Nevis Business Corporation (Amendment) Ordinance No. 2 of 2023 Aug 2023
- IRD: CIT-101 Guidelines Sep 2023
- Deloitte: St. Kitts and Nevis Highlights 2026 Jan 2026
- KPMG: EU list of non-cooperative jurisdictions 9 Oct 2026
General information, not legal or tax advice. Rates and fees change, and your own situation decides what applies. We are not a law firm; where a lawyer or licensed agent is needed, a local partner handles it.
