St. Kitts... Nevis... Anyone??
 

Ok, here it is..

I need a company outside Europe, non adult.. St Kitts looks like a good option, but I want a legal group / accountants to take care of all the paperwork for me...

This has nothing to do with any adult businesses I am involved with, it is totally mainstream...

If you can help me out, please drop a line..

Thanks


Alan.

I think not many people live in kitts and nevis

Hello:

Hit me up @ kjell at l3payments.com and I will put you in touch with a quality firm.

Kjell

Trying to read into what you are saying Alan :) You want a corp on St Kitts and a professional office there to handle work or just the corp formation?

St Kitts was the typically Euro (mainly UK) island to stuff an offshore corp but most of the old colony islands now comply with the "Paris Club" imposed regulations and not exactly confidential if this matters.

It's not exactly a large island, but nice place to hang out - if it's a matter of ongoing legal/accounting/reinvoicing/whatever work, that may be better handled by another offshore jurisdiction for practical purposes.

If it's just a corp formation in St Kitts - highly recommend you deal direct with lawyers/formation agents actually resident offshore (both the service and quality of advice is vastly different from an "onshore" lawyer trying to talk about offshore). The main regional place for the Caribbean and Latin America is Panama and there are plenty good lawyers there who will form a St Kitts corp. But... recommend you tell them exactly what your aims are, since there may be better options :thumbsup


PS Avoid all the net sites offering corps and stupid bank accounts :)

This company can help you: www.icazalaw.com

www.sovereigngroup.com and www.ocra.com often advertise, never used any of their services though.

:winkwink: Should also have said - as well as avoiding net sites offering corps and bank accounts - avoid the publicized prime "professional" corp formation companies with eg 100 staff and who claim to cover the world with their professional services.

They are often no better than an onshore lawyer giving advice and cost plenty more (like double) for exactly the same thing and often take plenty time in getting to the point :pimp

Kjell has been awesome, I highly recommend him. :thumbsup

Mark

Thanks for replying.. I hoped you would :)

What I want is a corp outside the UK... Privacy would be nice, but I don't really have anything to hide.. What concerns me is filing annual papers... I would like a lawyer/accountant based in the country where the company is registered to take care of all that stuff..

I don't really mind where the company is registered, as long as it is a stable country... I will of course need bank accounts of the company... Online banking would be a huge bonus.

Could you point me in the right direct?? I would love to chat with you about this stuff..

Many thanks,


Alan.

Hi Alan :)

OK.. We can chat on ICQ if this hits near personal stuff, but the corp is no problem and privacy is still available in several countries where there are no MAT's (Mutual Assistance Treaties) in place.

Kinda agree with you in that why not take advantage of the offshore privacy laws whether this is necessary or not - it's just a plus along the way.

If you want to keep the corp nice and simple with no actual filing of annual paperwork - that is also not a problem. I've never ever filed annual returns for any offshore corp yet - they are not required in several jurisdictions simply because there is no applicable taxation and no point in having filings. It's just a matter of selecting the most appropriate jurisdiction.

The only usual annual activity on a corp is giving the offshore jurisdiction some annual fees for the corp - these can vary depending on the country, but usually around $250 - $500 ish. The registered agent can usually pay this to the govt on your behalf.

It may be worth considering selecting a jurisdiction with no annual filings - it saves hassle and fees. At the moment, tho generalising here, the EU "offshore's" all have annual filings (Gib, Cyprus etc), but the majority of jurisdictions in the Caribbean/Latin America region do not.

Online banking in offshore areas is fairly common. It is normal to organise your banking in a different jurisdiction to the OS corp - and no nominee director or formation agent ever needs to know what bank accounts the corp has, or even if these exist - only you know that and have access to the bank accounts. These can be opened online when you have the corp documents in your hands.

This stuff is actually easier than it sounds - if you feel comfortable not having actual legal advice and dealing direct with a formation agent (tho they happen to be lawyers as well and open to enquiries), can suggest a suitable company. If you feel you want actual legal advice, can also recommend a lawyer in an OS jurisdiction. The boring bit in either of these scenarios is form-filling for both corps and banks, but once that is done - the hassle is finished.

One bit worth mentioning is more personal - it's about your country of citizenship. All countries with the exception of the US, Lybia and Saudi provide a freedom in offshore stuff and do not chase their citizens for worldwide income, but, suspect you don't fall into that problem :)

If you want info on lawyer/agents/banks, can hit you up on ICQ when you are around :thumbsup