Register a Business Company in Nevis and Open an Account in the Capital Security Bank, Cook Islands

Looking for a really good place to open an International Business Company (BC)? Opt for Nevis. This Caribbean country offers profitable taxation, reliable protection of assets and personal data, as well as flexible customization of the business structure for your needs.

At present, classical offshore companies are going through hard times and it is not that easy to open a bank account for them. However, we know where and how this can be done. That is why we propose you to open a corporate account with Capital Security Bank in the Cook Islands to accompany your BC incorporation. The procedure can be performed remotely. All activities will take about 1 month (30 days).

If you need a reliable way to protect your assets from lawsuits, be sure to pay attention to Nevis.

Why Nevis Is the Best Place for BC Establishment

Nevis is part of the Federation of Saint Kitts and Nevis and is well known for its legislation providing the highest level of protection to both owners' personal data and their assets. The island is a jurisdiction from which you can conduct business worldwide.

At the background of the situation in the international arena that pushes many countries to actively pursue a policy of deoffshorization, Nevis takes a special place by offering exceptional privileges for BC owners and maintaining its impeccable reputation as a classic offshore company. So far, no company in Nevis has been involved in any scandal or tax evasion proceedings, which undoubtedly puts this jurisdiction in a better position than its competitors.

Equally important (and perhaps decisive) is the island's well-developed legislation based on Common English law (case law). This allows the country's authorities to adjust the regulatory system and enables them to quickly improve the legal framework in constantly changing conditions. A striking example of this is the fact that amendments have entered into force in Nevis since January 2019 to prevent the country from being included from the so-called black list of the European Union.

Here are just a few reasons why a BC in Nevis is the right choice:

• The company may be owned by one person, and he may also be the company's sole director
• You can fully own the company even if you are not a resident of the country and live anywhere in the world
• Liability is limited to the shares invested by the participants
• A high degree of confidentiality and protection of personal data of the company's owners and officials
• Definitely reliable protection of BC assets
• A fast and easy procedure of opening of the company

If you are the sole company owner and you decide to expand the circle of shareholders, the number of directors will also have to be increased to at least 3. The director's position can be occupied by both natural persons and legal entities.

You can use nominee directors, shareholders and managers. Directors and shareholders may be residents of any country.

There are no requirements for the authorized capital. We recommend establishing a company with a share capital of $10,000 (mind that you don't have to pay up the capital!).

The List of Documents you will Need to Register a BC in Nevis

You will be required to scan copies of the following documents from each founder to register a BC in Nevis:

• A copy of the foreign passport or any other ID certified by a notary
• Proof of residential address (bank statement or utility bill not older than 3 months, etc.)
• filled and signed due diligence and order forms

Please send the original documents to our back office.

We will send the original corporate documents back to you after the company registration procedure is complete (you can also order a set of apostilled copies).

Costs of BC registration in Nevis and its maintenance

Corporate Account with Capital Security Bank in the Cook Islands

The Cook Islands is a sovereign state of 15 islands in the Pacific Ocean, southwest of Tahiti.

Capital Security Bank (CSB) was founded in 1997 and is licensed to conduct business both locally and internationally. CSB provides its clients with high-quality private banking services, which will be especially interesting for well-to-do people in search of opportunities for reliable and effective savings. CSB deliberately emphasizes its focus on the careful handling of the client's personal financial information.

CSB's head office (which is, in fact, the only existing office) is governed by the laws of the Cook Islands jurisdiction, which distinguishes it and gives it advantages in contrast to multinational banks.

The minimum deposit for opening a current account, as well as the minimum possible balance, is USD 20,000.

An account can be opened in USD, GBP, EUR, or other currencies upon demand.

In view of the high risks, CSB does not open accounts for individuals from the countries and territories listed below, as well as beneficiaries from them:

Afganistan	Lebanon
Bosnia and Herzegovina	Liberia
Central African Republic	Libya
The Democratic Republic of Congo	Myanmar (Burma)
Cote d'Ivoire	Pakistan
Cuba	Serbia
Egypt	Somalia
Eritrea	Sri Lanka
Ethiopia	South Sudan
Haiti	Republic of Sudan
Iran	Syria
Iraq	Trinidad and Tobago
Democratic People’s Republic of Korea	Tunisia
Lao People’s Democratic Republic	Yemen
	Zimbabwe

Strict compliance requirements and more thorough checking of due diligence forms apply to companies from the following list of countries and territories

Algeria	Morocco
Albania	Mozambique
Armenia	Nicaragua
Azerbaijan	Nigeria
Belarus	Panama
Bolivia	Papua New Guinea
Brazil	Philippines
Burundi	Republic of Congo
Ecuador	Russia
Gaza Strip	São Tomé and Príncipe
Ghana	Sierra Leone
Guatemala	Tanzania
Guinea	Thailand
Guinea Bissau	Ukraine
Indonesia	Vanuatu
Kenya	Venezuela
Kosovo	West Bank
Moldova

There are also restrictions on the scope of the company's activities.

You will need the following documents to open a corporate account in CSB:

• A copy of the Certificate of Formation
• A copy of the Memorandum and Articles of Association/Bylaws/Operating Agreement
• A copy of the Certificate of Good Standing (if the company is more than 1 year old)
• A copy of the Director's Resolution authorizing the opening of an account
• You may additionally need a description of the scope of activities (partners, regions of activities, mutual settlements system, scheme of work, etc.) signed by the client

Each officer and beneficiary has to provide:

• A copy of the foreign passport certified by a notary
• Proof of residence address
• A short bio

The Procedure for BC Incorporation in Nevis and Opening a Corporate Account with Capital Security Bank

1. Please contact us at info@qwealthreport.com for accurate and professional advice on the BC incorporation in Nevis with simultaneous opening of a bank account with CSB.
2. Prepare scanned copies of the documents requested by our specialist.
3. Pay for BC registration and bank account opening service (the cost starts from 5699 EUR). You can make payment by a regular transaction through a bank branch, by card, and through any payment services available to you: Money Gram, Western Union, or Web Money.
4. After that, send the original documents required to open a BC and bank account to our back office.
5. As soon as we receive the documents and the full payment, our specialists will begin the final stage of the procedure taking up to 2 weeks.
6. Upon completion of all activities, we will send you the original corporate documents by courier.

Request the service at the address above right now!