IBC Incorporation Overview

A company formed under the Nevis Business Corporation Ordinance is the equivalent of what is commonly termed as an International Business Company (IBC). The Nevis Business Corporation Ordinance provides for a company to be incorporated to conduct any lawful business. The registration process is simple and easy. A person interested in registering an IBC in Nevis must first engage the services of a registered agent with a registered office in Nevis. The legislation permits the office of the registered agent to act as the office of the company.

The name of the desired IBC must be submitted to the registered agent, who would instantaneously reserve the name of the IBC using the Nevis Online Registration Module. Once the name has been reserved, the Nevis IBC can be formed by filing articles of incorporation with the Registrar of Companies. If the incorporation documents comply with the Ordinance, a certificate of incorporation can be issued in less than 24 hours.

Incorporation Procedure

  • 1.The name of the corporation may be reserved.
  • 2.The registered agent files the Articles of Incorporation with the Registrar of Companies and Trusts. The Articles of Incorporation must include the following:
    I. The name of the corporation;
    ii. A statement that the Corporation is incorporated under the NBCO;
    iii. The purpose or purposes for which the Corporation is incorporated
    iv. The succession of the corporation if other than perpetual
    v. The address of the corporation in Nevis which shall be the address of its registered agent
    vi. The aggregate number of shares which the Corporation shall have authority to issue
    vii. If the initial directors are to be named in the articles of incorporation, the names and addresses of the persons who are to serve as directors.
    viii. The articles must be signed by the incorporator and this signature must be notarized;

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