Saint Kitts and Nevis

Saint Kitts and Nevis - Common law
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Saint Kitts and Nevis taxes

If you want to incorporate in Saint Kitts and Nevis, this article explains the tax laws for an IBC, which is the most common company structure in Saint Kitts and Nevis.

International Business Companies (IBCs) in Saint Kitts and Nevis are entitled to do business outside the country and may have restrictions to trade with residents, own real estate within the territory and conduct business activities related to banking, insurance, assurance, fund and collective investment schemes. IBCs income accrued offshore, from our research, and these things do change, is tax-exempt. This ranks Saint Kitts & Nevis as 1st overall with regards to corp. taxation rate internationally.

IBCs in Saint Kitts & Nevis are commonly used for estate planning, asset protection and confidentiality, international trading, tax planning, holding company and financial management.
An IBC may be formed by one or more shareholders, one or more directors and a secretary, who may be natural or legal persons. Nominee shareholders and directors are allowed. Registered agent may be required. Minimum paid up capital is $1. Shares may be issued as registered shares, preference shares, bearer shares, redeemable shares and shares with or without voting rights attached. Migration of Domicile is allowed.

Details of shareholders and directors may not be publicly disclosed. An IBC may be required to prepare and maintain accounting records, but may not be required to file annual reports, annual tax returns or financial statements.

Dividends paid or received by an IBC are not subject to taxation. Dividends are distributions of earnings of the business, determined by the board, to a class of its shareholders. Dividends can be one of the following cash payments, shares of stock, or other property. Capital Gains are not subject to taxation. A capital gains tax is levied on the profits that a corporation or natural person realizes when they sell sells a capital asset for a price that is higher than the purchase price.

Payments on dividends, interests, royalties or fees made by an IBC to non-residents are exempted of withholding taxes.

Value-added tax applies to the sales of goods and supply of services within the country. The VAT rate in St. Kitts & Nevis is 17.00%, that ranks as 1st when compared to value added tax rate worldwide. There are real property and transfer taxes in St. Kitts & Nevis.

The above is not tax or legal advice for your individual circumstances. We are able to to reference you to an expert in Saint Kitts and Nevis who can properly advise you. Ready to get started? Click incorporate now if you are in a hurry, or press the free consultation button above.

It takes approximately 27 hours to file and prepare documents for a Saint Kitts and Nevis Common law.
The corporate tax is approximately 0% which is 1 in the world.

Owners of a company in Saint Kitts and Nevis are not allowed to carry back a loss and may be allowed to carry forward a loss for 6 years.

The vat rate in Saint Kitts and Nevis is 0% which ranks 1 in the world.

Patent box
RND credit
Wealth tax
Estate tax
Transfer taxes
Asset taxes
Capital duties
36Tax treaties
0%Offshore Tax
0%Corp rate
-Loss carryback years
27Corporate time
0%VAT rate
0%Capital gains
2018AEOI planned

Read this to learn about incorporating a company in
Saint Kitts and Nevis

We can help you form a company in Saint Kitts and Nevis. Click the button above for a no-obligation quote. We will provide you with all the necessary documents to open a bank account as well as a registered office in Saint Kitts and Nevis, which is required by law.

Saint Kitts and Nevis Tax Treaties

CountryTypeDate signed
Canada
TIEA2010-06-14
Guernsey
TIEA2012-02-07
Saint Lucia
DTC 1994-07-06
Sint Maarten
TIEA2009-09-11
Portugal
TIEA2010-07-29
India
TIEA2014-11-13
Norway
TIEA2010-03-24
Saint Vincent and the Grenadines
DTC 1994-07-06
Guyana
DTC 1994-07-06
San Marino
DTC 2010-04-20
South Africa
TIEA2015-04-07
Sweden
TIEA2010-03-24
Switzerland
DTC 1963-08-26
Denmark
TIEA2009-09-02
Trinidad and Tobago
DTC 1994-07-06
Antigua and Barbuda
DTC 1994-07-06
Barbados
DTC 1994-07-06
Grenada
DTC 1994-07-06
Curacao
TIEA2009-09-11
Jamaica
DTC 1994-07-06
Germany
TIEA2010-10-13
Faroe Islands
TIEA2010-03-24
Dominica
DTC 1994-07-06
Greenland
TIEA2010-03-24
Finland
TIEA2010-03-24
France
TIEA2010-04-01
Iceland
TIEA2010-03-24
Netherlands
TIEA2009-09-02
New Zealand
TIEA2009-11-24
Belize
DTC 1994-07-06
Aruba
TIEA2009-09-11
Australia
TIEA2010-03-05
Belgium
TIEA2009-12-18
United Kingdom
TIEA2010-01-18
Liechtenstein
TIEA2009-12-11
Monaco
DTC 2009-09-17

Country Info

National Flag of
Federation of Saint Christopher and Nevisa (eng)
Currency
XCD
Area Code
+1869
Capital
Basseterre
Region
Caribbean
Native Languages
English