offshore jurisdiction with Nevis courts governing . All of the benefits of the strongest LLC in the United States , located offshore .
To bring an action against a business incorporated in Nevis the creditor would need to hire a local lawyer licensed in Nevis and post a $ 25,000 cash bond with the court . In addition attorneys in Nevis are not allowed to work on contingency basis . The creditor must pay for all legal services up front and in full .
There are very few company records to be maintained , such as corporate minutes . Your company meeting can be held anywhere and an operating agreement can be tailored to your exact specifications .
Nevis has no public registry . Nevis does not have a database of corporate records accessible to the public .
Nevis is one strongest structure from an asset protection standpoint to hold personal assets or run a business that is fraught with liability .
Cayman Islands LLC
The Cayman Islands has an excellent legal , fiscal , financial and professional environment for the incorporation of international business companies .
The jurisdiction is a world leading offshore financial services jurisdiction due to its political and economic stability and its broad offer of banking , trust , hedge fund formation and investment , structured finance and securitization , captive insurance and international business services .
A Cayman LLC has no company structure requirements for its management , nor are there provisions for company meetings , directors , secretary , or capital . Its operating agreement may be arranged by its members according to their needs .
In Cayman Islands , there are no direct taxes . No corporation tax , income tax , capital gains tax , inheritance tax , gift tax or wealth tax . Certain documents may be subject to a nominal stamp duty .
There is no exchange control and no restrictions on the movement of funds to or from the Islands .
Reporting requirements are limited to an annual return confirming that no business has been conducted within the jurisdiction . There is no need to file financial statements and audits are not required , unless the company is an investment fund regulated by the Cayman Islands Monetary Authority .
LLCs also benefit from confidentiality . Details of company members are not required to be filed with the Registrar of Companies .
Companies incorporated in the Caymans also benefit from a wide range of financial and professional services . There are about 324 banks and trust companies licensed in Islands , including 47 of the 50 largest banks in the world and high-end professional services , including lawyers , accountants , insurance managers , mutual fund managers and administrators , among others .
The Cayman Islands LLC is an excellent entity for movable and immovable assets holding , asset protection , investment funds , joint venture companies , private equity transactions , securitizations and other corporate transactions and international structures . In combination with a trust , Cayman LLCs are also powerful vehicles to carry out Initial Coin Offerings ( ICOs ).
Labuan Ltd .
Labuan International Business and Financial Centre is a reputable free trade area located in the Federal Territory of Labuan , an island off the coast of the state of Sabah in East Malaysia .
Labuan is becoming a one of the major financial hubs of Asia due to its pro-business regulation , low taxes and compliance with international standards on due diligence and transparency .
Companies incorporated in Labuan benefit from an attractive tax regime . Trading profits arising outside of Malaysia are taxed at 3 % or at a flat tax of Rm 20 , 000 .
Non-trading profits such as those arising from the holding of investments in securities , stocks , shares , loans , deposits or other properties are not subject to taxation .