Private foundation: Nevis: sourced answers
4 answers to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Legal form in a country
What state (regulator) fee is paid on setting up or moving in the structure
Applies when: fee payable to the registrar
USD 300 set-up
«1. Filing Annual Return 810.00 300.00 2. Issuing any Certificate (including Certificate of 135.00 50.00 Filing) 3. For undertaking an Apostille 135.00 50.00 4. Issuing a Certificate of Correction 405.00 150.00 5. Issuing a Certificate of Discontinuance 1,080.00 400.00 6. Issuing a Certificate of Establishment 810.00 300.00 7. Issuing a Certificate of Establishment by Consolidation 1,215.00 450.00 8. Issuing a Certificate of Establishment by Continuance 540.00 200.00 9. Issuing a Certificate of Establishment by Conversion 1,215.00 450.00 10. Issuing a Certificate of Establishment by Merger 1,215.00 450.00 11. Issuing a Certificate of Establishment by 1,215.00 450.00 Transformation 12. Issuing a Certificate of Establishment for change of 540.00 200.00 Proper Law 13. Issuing a Certificate of Good Standing 135.00 50.00 14. Issuing a Certificate of Filing of Amended By-laws 540.00 200.00 15. Issuing a Certificate of Establishment of change in 810.00 300.00 Multiform 16. Issuing a Certificate of Registration on Change of 540.00 200.00 Name 17. Issuing a Certificate of Revival 810.00 300.00 18. Issuing a Certificate of Tax Residency 3,215.00 1,157.00 19. …»
Source: nevisfsrc.com · source copy as of 2026-10-03
«1. Citation. These Regulations may be cited as the Multiform Foundations (Amendment) Regulations, 2024 and shall come into effect on the 1st day of April, 2025. 2. Interpretation. In these Regulations, “Regulations” means the Multiform Foundations (Amendment) Regulations, 2014. 3. Repeal. These Regulations repeal and replace the Multiform Foundations (Amendment) Regulations, 2023. 4. Amendment of Regulation 3. Regulation 3 of the Regulations is amended as follows: (a) by deleting Regulation 3(2) in its entirety and replacing it as follows: “(2) A foundation shall file its Annual Return, together with the prescribed annual fees before the anniversary date of its registration. (b) by deleting Regulation 3(3) in its entirety and replacing it as follows: “(3) A foundation which fails to file its Annual Return, together with the annual fees as prescribed shall be subject to an additional charge as a penalty for late filing of its Annual Return and annul fees as follows: (a) if the Annual Return is filed one month after, but before the expiration of six months from the due date, the penalty payable shall be EC$540.00 or US$200.00; …»
Source: nevisfsrc.com · source copy as of 2026-10-03
What annual state (regulator) fee does the structure pay
Applies when: fee payable to the registrar
USD 300 annual return
«1. Filing Annual Return 810.00 300.00 2. Issuing any Certificate (including Certificate of 135.00 50.00 Filing) 3. For undertaking an Apostille 135.00 50.00 4. Issuing a Certificate of Correction 405.00 150.00 5. Issuing a Certificate of Discontinuance 1,080.00 400.00 6. Issuing a Certificate of Establishment 810.00 300.00 7. Issuing a Certificate of Establishment by Consolidation 1,215.00 450.00 8. Issuing a Certificate of Establishment by Continuance 540.00 200.00 9. Issuing a Certificate of Establishment by Conversion 1,215.00 450.00 10. Issuing a Certificate of Establishment by Merger 1,215.00 450.00 11. Issuing a Certificate of Establishment by 1,215.00 450.00 Transformation 12. Issuing a Certificate of Establishment for change of 540.00 200.00 Proper Law 13. Issuing a Certificate of Good Standing 135.00 50.00 14. Issuing a Certificate of Filing of Amended By-laws 540.00 200.00 15. Issuing a Certificate of Establishment of change in 810.00 300.00 Multiform 16. Issuing a Certificate of Registration on Change of 540.00 200.00 Name 17. Issuing a Certificate of Revival 810.00 300.00 18. Issuing a Certificate of Tax Residency 3,215.00 1,157.00 19. …»
Source: nevisfsrc.com · source copy as of 2026-10-03
«1. Citation. These Regulations may be cited as the Multiform Foundations (Amendment) Regulations, 2024 and shall come into effect on the 1st day of April, 2025. 2. Interpretation. In these Regulations, “Regulations” means the Multiform Foundations (Amendment) Regulations, 2014. 3. Repeal. These Regulations repeal and replace the Multiform Foundations (Amendment) Regulations, 2023. 4. Amendment of Regulation 3. Regulation 3 of the Regulations is amended as follows: (a) by deleting Regulation 3(2) in its entirety and replacing it as follows: “(2) A foundation shall file its Annual Return, together with the prescribed annual fees before the anniversary date of its registration. (b) by deleting Regulation 3(3) in its entirety and replacing it as follows: “(3) A foundation which fails to file its Annual Return, together with the annual fees as prescribed shall be subject to an additional charge as a penalty for late filing of its Annual Return and annul fees as follows: (a) if the Annual Return is filed one month after, but before the expiration of six months from the due date, the penalty payable shall be EC$540.00 or US$200.00; …»
Source: nevisfsrc.com · source copy as of 2026-10-03
What is the minimum number of members of the governing body (directors, council)
Management board of 1 or more
1 or more
«17. (1) The business and affairs of a multiform foundation shall be managed by a management board which shall consist of one or more persons and, unless the constitution provides otherwise, every member of the management board shall have an equal vote at any proceedings of the management board. (2) Subject to subsection (5), the first members of the management board of a multiform foundation shall be appointed upon establishment of the multiform foundation. (3) Subject to subsections (2) and (9), the appointment and removal of members of the management board shall be effected in accordance with the provisions of the constitution or otherwise the provisions of this Ordinance. (4) The remuneration of the members of the management board shall be fixed in accordance with the provisions of the by-laws of the multiform foundation; and any dispute in respect of the amount of the remuneration of the members of the management board may be referred by any member of the management board or the supervisory board or the auditor (if any) to the Court which shall determine the remuneration. …»
Source: nevisfsrc.com · source copy as of 2026-10-03
Which statute (act) establishes the legal form
Multiform Foundations Ordinance 2004
«2004 … in force Amended by: Ordinance 2 of 2011 Printed under Authority by The Regional Law Revision Centre Inc. ANGUILLA Published in 2019 Consolidated, Revised and Prepared under the Authority of the Law Commission Act, on behalf of the Government of Saint Christopher and Nevis by The Regional Law Revision Centre Inc., P.O. Box 1626, 5 Mar Building, The Valley, AI-2640, Anguilla, West Indies. Available for purchase from— Attorney General’s Chambers, Government Headquarters, P.O. Box 164, Church Street, Basseterre, St. Kitts, West Indies Tel: (869) 465-2521 Ext. 1013 Tel: (869) 465-2127 Fax: (869) 465-5040 Email: attorneygeneral@gov.kn © Government of Saint Christopher and Nevis All rights reserved. No part of this publication may be reproduced in any form or by any means without the written permission of the Government of Saint Christopher and Nevis except as permitted by the Copyright Act or under the terms of a licence from the Government of Saint Chris»
Source: nevisfsrc.com · source copy as of 2026-10-03
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