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Form a Nevis Foundation

Price: 10,300.00 $

Introduction:

Set up a foundation in Nevis Nevis foundations are formed under the Multiform Foundation Ordinance. At the time of registering the Multiform foundation one can elect how the foundation shall be treated from a legal perspective – as a company, as an LLC, as a trust, or as an ordinary foundation. The status of the Foundation can be changed during its lifetime. Generally, most foundations are established as ordinary foundations. Ordinary Foundations are orphan vehicles – a hybrid between a Trust and a Company. Like a trust, an ordinary foundation is generally established to reflect the wishes of the Founder (like the Settlor of a Trust) via an endowment of assets, which are managed by the council or management board (like a Trustee of a Trust) for a specific purpose and/or for the benefit of its beneficiaries. Like a company, a foundation is a legal entity with legal personality (as opposed to a Trust which is a deed and legal arrangement between the settlor and the trustee, but it is not a legal entity, and it does not have legal personality). Unlike a company, foundations have no shareholders or owners.

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Nevis foundation, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the preparation of a certificate of incumbency, and the notarization and apostille of documents, which are generally required for opening bank accounts.

Nevis Multiform Foundation Formation and First-Year Fees – USD 10,300.00 (All Included)

acting as the subscriber of the Nevis Multiform Foundation
drafting the Memorandum of Establishment, and submitting them with the Registrar of Multiform Foundations
settling the Registrar of Companies incorporation fees and duties.
drafting the Foundation Bylaws
drafting and executing designation and acceptance of secretary and registered agent
drafting and executing organizational meeting minutes
drafting and executing the first directors’ resolution for the appointment of management board members and supervisory board members and adoption of company bylaws
assisting with completing the consent schedules of board members
collecting and providing to the client the Certificate of Establishment, the Endorsement Certificate and Stamped Memorandum of Establishment from the Registrar
preparing the register of board members
drafting Foundation regulations for the appointment of beneficiaries.
providing registered agent services for one (1) year
providing secretary services for one (1) year
providing registered office services, including registered address, for one (1) year
maintaining minute book and statutory records for one (1) year)
providing notarized and apostilled copies of the corporate documents
delivering originals, and notarized and apostilled copies of the corporate documents via courier, and settling courier fees

Nominee Services (Optional)

nominee management board member – USD 1600.00 p.a.
nominee supervisory board member – USD 1600.00 p.a.
preparing the consent schedules, notarization and apostille fees (one-time) – USD 700.00 per management/supervisory board member (mandatory if nominees are used)
providing a notarized and apostilled Power of Attorney issued by the nominee board member to appoint the client as attorney-in-fact of the foundation – USD 700.00 (optional)

Bank Account Opening Services (Optional)

Interest in our banking section is only available for Tier 1 Clients.

Form a Nevis Foundation

Price: 10,300.00 $

Introduction:

Nevis Multiform Foundation Formation and First-Year Fees – USD 10,300.00 (All Included)

Nominee Services (Optional)

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Form a Nevis Foundation

Price: 10,300.00 $

Introduction:

Nevis Multiform Foundation Formation and First-Year Fees – USD 10,300.00 (All Included)

Nominee Services (Optional)

_______________

_______________

_______________

_______________

Company Formation

Foundation Formation

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