St. Kitts & Nevis
ST. KITTS AND NEVIS
| Status | Constitutional Monarchy |
| Area, sq.km: | 261,1 |
| Population: | 38 800 (2001 July) |
| Capital: | Basseterre |
| Business language: | English |
| Currency: | East-Caribbean Dollar (XCD) |
| Location: | Caribbean Island, between Puerto-Rico and Trinidad and Tobago |
| Time zone: | GMT - 5 |
| INCORPORATION DATASHEET |
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| Advantages: | The legislation follows the Delaware Law. Total tax exemption for IBCs |
| Disadvantages: | - |
| Company status: | Non-resident domestic company
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| Corporate legislation source: | Companies Act 1996 |
| Company name: | All names must end with 'Limited, LTD., Incorporated, Inc., Corporation, Corp., S.A.' |
| Time required for incorporation: | 2-4 weeks |
| Minimum number of directors: | 1 |
| Usual minimum capital: | No minimum requirements |
| Are accounts required:: | No |
| Minimum number of shareholders: | 1 |
| Type of shares: | Bearer or Registered |
| Annual tax and duties: | 200 USD |
| What information is available on the public file: | Registered office, registered agent, Memorandum & Articles of Association |
| Non-public information: | Directors and shareholders |
| Registered office: | Local registered office is required by law. |
| Registered secretary / agent: | Local registered agent is required by law. |
COMPULSORY COSTS (payable prior to registration)| FORMATION FEES |
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| Incorporation fee: | 600 USD |
| Notarial certification: | 140 USD |
| International authentication (Apostille): | 200 USD |
| Legal expenses, filing fees and stamp duties: | 150 USD |
| Issuing of share certificates and initial minutes and forms: | 100 USD |
| Corporate seal: | 50 USD |
| Courier fees: | 50 USD |
| Subtotal: | 1290 USD |
| ANNUAL FEES* |
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| Registered office and registered agent: | 990 USD |
| Annual tax and duties: | 200 USD |
| Subtotal: | 1190 USD |
| Total: | 2480 USD |
* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.
The amount of 2480 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office.
The price contains no hidden costs! | OPTIONAL COSTS |
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| Nominee Director (private person): | 690 USD |
| Nominee Director (corporate body): | 495 USD |
| Nominee shareholder: | 295 USD |
| Power of Attorney: | 390 USD |
| Notarial Certification: | 140 USD |
| Certificate of Good Standing: | 295 USD |
