Compare jurisdictions side by side
See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. British Virgin Islands is a good fit for holding, JV, investment vehicle. Nevis is a good fit for LLC with charging-order protection.
| Comparing2 jurisdictions |  BVI |  Nevis |
|---|---|---|
| Cost | ||
| Year 1 all-in | BVIUS$1,925 | NevisUS$1,390Lowest |
| From year 2 | BVIUS$1,450 | NevisUS$1,000Lowest |
| 3-year cost (Starter) | BVIUS$4,825 | NevisUS$3,390Lowest |
| Tax & reporting | ||
| Headline tax | BVI0% localBest | NevisNon-resident: Nevis-source income only* |
| Annual audit | BVINo | NevisNo |
| Public register | BVINot public | NevisNot public |
| Setup | ||
| Type | BVIOffshore | NevisOffshore |
| Entity | BVIBVI Business Company | NevisLLC / Business Corporation |
| Minimum directors | BVI1 | Nevis1 |
| Legal system | BVICommon | NevisCommon |
| Time to form | BVI2–5 business days | Nevis2–4 days |
| Best for | BVIHolding, JV, investment vehicle | NevisLLC with charging-order protection |
Ask about this comparison
AI answers from OCC’s published prices & facts · no sign-upWhich one for your situation
You need a business bank account soon
Any of them can work. We introduce you and prepare the application; the bank decides.
You want a lower running cost
Nevis, from US$1,000 a year based on published year-2 prices.
You only hold shares or other assets
British Virgin Islands. Your home country may still tax the income, so check that first (confirm with your specialist).
You need it fast
British Virgin Islands, typically 2–5 business days after KYC approval.
General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.