If your business is registered in St. Kitts and Nevis or managed from there, it is considered a resident organization and will be taxed as such. Resident companies have an official corporate tax rate of 33%, though there is the possibility to reduce the tax to 1% or pay a fixed annual license fee instead.
If your business is registered in Nevis as an international company to carry on business anywhere in the world outside of St. Kitts and Nevis it is exempted from paying any tax locally. You can also use such a company as a holding company for your investments.
Want to know more about setting up a local company?
Want to know more about our international company options?
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