About GTC
Gibraltar Trust Company Ltd. is an asset management trust company located in the Federation of St Kitts Nevis on the Island of Nevis. This trust company was formed to best serve the emerging offshore market clientele of Nevis. The comprehensive body of legislation enacted by the Nevis Island Administration to regulate this jurisdiction is the most dynamic and progressive response to meet the global challenges facing the international offshore financial market. Gibraltar Trust Company Ltd. is an International Business Company registered by the government of Nevis, to act as a registered agent for companies formed under both, the Nevis Business Corporation Ordinance 1984, as amended, and the Nevis Limited Liability Company Ordnance 1995.
Nevis Business Corporation (IBC)
A corporation formed under the Nevis Business Corporation Ordinance (NBCO) is the equivalent of what is commonly termed as an International Business Corporation (IBC). The Nevis Business Corporation Ordinance provides for a corporation to be incorporated to conduct any lawful business. NBCO's are 0% tax rated and are not subject to reporting requirements in respect of beneficial owners, shareholders, directors or officers.
Nevis LLC
The Nevis LLC is a business entity that provides an alternative to those who might consider using corporations or partnerships. An LLC formed under the Nevis Limited Liability Company Ordinance (NLLCO) shall be a legal entity with separate rights and liabilities, distinct from its managers or members. Therefore, the LLC shall be liable for its own debts, obligations and liabilities.
Nevis International Trust
The use of the international trust remains an important feature of estate planning. The Nevis International Exempt Trust Ordinance provides for the creation of various types of international trusts including Charitable Trust, Non-Charitable Trust, Spendthrift or Protective Trust and Qualified Foreign Trust.
Nevis Multiform Foundation
The Nevis Multiform Foundations Ordinance provides that each Nevis Foundation will have a stated ‘multiform’. This means that the constitution of the foundation will state how it is to be treated whether as a trust, a company, a partnership or an ordinary foundation. Generally, the Nevis Multiform Foundation product can be used for estate planning, charity, financing and special investment holding arrangements.