Nevis

 
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
Number of full-time employees in captive regulatory department
5
Initial licensing and incorporating fees required by the domicile

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Annual fees
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Premium tax rate
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Minimum capital (broken out by type of captive)

single owner, $10,000
multiple owners (2-4), $20,000
multiple owners (5 or more), $50,000

Applicable Acts/Enabling Legislation
Nevis International Insurance Ordinance Revised as at December 2009; The Nevis International Insurance Regulations 2004; Nevis International Insurance Amendment Regulations, 2014
Captive Administrator’s name and longevity in position
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Speed of licensing
10-14 days
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.nevisfsrc.com