These days, people get sued for the craziest things. Fifty thousand lawsuits are filed every day! Many of them frivolous! Because you could end up spending a lot of money on attorneys fees to defend the lawsuit, it would be easier and less expensive just to settle the lawsuit. That's usually what the frivolous lawsuit is intended to bring about. So, you could either pay a lot of attorneys fees to defend yourself or spend a lot of money to settle the frivolous lawsuit.

But if your business is an offshore LLC, it is very hard to reach. Everybody knows the importance of running your business under an LLC rather than under a sole proprietorship. But if your LLC is in the U.S., it can be sued very easily. If, on the other hand, your LLC is in Nevis (St. Kitts & Nevis), it is very difficult to bring suit, and the person who intended to bring a frivolous lawsuit will probably go somewhere else where the money is easier. Even if the lawsuit were to succeed, it would be difficult to collect on the judgment.

A court order from their respective jurisdiction is useless in Nevis or Panama. In accordance with strong Nevis law, a judgment from outside of Nevis will not be recognized by Nevis courts. This means an onshore judgment creditor who won a lawsuit against you or your LLC in, for example, the U.S. cannot take that U.S. judgment and require a Nevis court to enforce it.

In addition to not recognizing the judgments of other countries, Nevis law and Nevis courts do not favor the granting of court orders against LLC's except under truly exceptional circumstances. Nevis law favors upholding the independence and application of its own law over the enforcement of foreign, onshore laws. For one thing, the person suing must put up a $25,000 bond in Nevis, and if they lose, they have to pay your attorneys' fees (unlike in the U.S. where normally each party pays their own attorneys' fees).

All LLC's are free from all forms of Nevis taxation. There are no Nevis taxes on dividends, income, capital distribution, or wages whatsoever. Moreover, unlike many onshore jurisdictions, Nevis does not tax an LLC for accumulated (but undistributed) earnings

An LLC in Nevis may be a real advantage.

1.     It WON'T save you any taxes if you are a U.S.,
        citizen..

2.     But it CAN protect your business from frivolous
        lawsuits.

3.     It also makes it very difficult to find out who is the
        true owner of your business (but not with regard to
        the I.R.S.).


I am an associate with an international law firm in Panama to provide this service. I can also provide other entities in other offshore jurisdictions as well as second passports and second citizenships.

I am also a seller of gold and silver coins (no New Mexico addresses).