Limited Liability Company
Members of a Nevis Limited Liability Company (LLC) have a 'limited' amount of liability and are liable only up to the amount of their capital contribution to the company. Since an LLC is a flow-through entity, members may be responsible for filing an annual return in their tax resident jurisdiction reflecting their respective financial involvement in the LLC. Provided no business is conducted within Nevis, there are no Nevis tax liabilities. A properly structured offshore Limited Liability Company aids in enhancing anonymity, provides outstanding asset protection benefits from judgement creditors, and may reduce or eliminate various tax liabilities.
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