Why Nevis

The Island of Nevis is an independent, democratic State situated in the Caribbean, South East of Puerto Rico and West of Antigua. Nevis is located next to the Island of St Kitts and together they form the Federation of St Kitts and Nevis. Local time is 4 hours behind London, with 9am in Hong Kong being 9pm the previous day in Nevis.

Its geographic location affords Nevis with a strategic advantage in dealing with both the European and North American markets. The legal system is based on British common law and closely reflects that of other common law jurisdictions. Nevis enjoys a highly developed infrastructure for business and there is a well-educated English speaking labor force with 98% literacy, one of the highest in the Western world. The country has sophisticated telecommunication links with the rest of the world and regular air services directly to the USA (Puerto Rico) and other Caribbean Islands. There are no foreign exchange controls on the local currency (the Eastern Caribbean Dollar) with complete freedom to repatriate capital and profits. In addition to the local currency, US dollars are widely accepted. The business and official language is English.

Why GCSL Nevis

GCSL Nevis is licensed as a registered agent by the Nevis Financial Services Department and offers a full range of corporate administration services including assistance with company formation, provision of directors and nominee shareholders, company management and secretarial services, bank account opening and trustee services.

Several features of its legislation make Nevis an offshore jurisdiction of choice. These include:

		Entities established within the offshore jurisdiction are EXEMPT from any form of taxation in Nevis including stamp duty, capital gains tax, capital duty and withholding tax.
		Strong confidentiality provisions apply in Nevis. The identities of beneficial owners and shareholders are not required to be filed on public record. When there is a change in director, shareholder or officer, such changes do not have to be reported to the Registrar of Companies. Company records can be kept anywhere in the world. Confidentiality of information is protected by legislation that prohibits the disclosure of any information obtained in the course of business, and applies to banks and professionals as well as Government officials. The law imposes a penalty of a fine and/or a term of imprisonment of up to twelve months.
		Nevis Business Corporations (NBCs) permit a great deal of flexibility in corporate structure with provisions to ensure ease of administration. Incorporation can generally be completed within 24 hours.
		Nevis Limited Liability Companies (LLCs) are considered by many practitioners as the leading entity of this type in the offshore world. This is reflected in the significant number of Nevis LLCs registered in the jurisdiction.
		Nevis is highly regarded for its "Asset Protection Trust" legislation including rules against forced heirship, perpetuities, foreign judgments and fraudulent transfer and disposition. All non-criminal judicial proceedings relating to international trusts are held in private and no detail may be published without leave of the court.
		An international trust is NOT required to file any returns, reports, or records. The only document filed with the Registrar is a form with the name of the trust, trustees and date of the settlement and this is not publicly available.
		NBC's, LLCs and international trusts can be migrated into Nevis and there are emergency provisions available for transfer of domicile and proper law.
		Foreign judgments are NOT enforceable against an international trust, LLC or NBC. Any claimant must commence completely new proceedings in Nevis, subject to Nevis law and a USD25,000 bond deposited in order to file suit.
		Any proceedings to be commenced in the Courts of the Federation of St Kitts and Nevis to set aside the settlement of any international trust or disposition to such trust must be brought within 2 years of the settlement of disposition.
		The Managing Director of GCSL Nevis is the former Premier of Nevis from 1992 to 2006. During this time he oversaw many of the legislative developments in the offshore industry.
		Global Consultants and Services (Nevis) Ltd.  has an agreement with The GCSL Group of Companies, which will market and promote the services of Global Consultants and Services (Nevis) Ltd. Global Consultants and Services (Nevis) Ltd. is an independent company of The GCSL Group of Companies Limited.

4 Solomon's Arcade, Charlestown, Nevis

Email:

Tel: +1 869 469 3498

Fax: +1 869 469 3498

Vance Amory
Managing Director ( )

Vance formed GCSL Nevis after a distinguished government career where he was the Premier and Minister of Finance of Nevis for 14 years and was one of the chief architects of Nevis as an International Financial Centre. Prior to his government service, Vance worked as a commercial banker in Nevis. He is a Director of The GCSL Group of Companies Limited and a member of the Asia Offshore Association. Vance holds a Bachelor of Arts (Economics. and Statistics) University of the West Indies and a Masters of Business Administration from the University of the Virgin Islands.