St. Kitts & Nevis
St. Kitts & Nevis: 7 company types, its taxes, banking and business environment.
Forming a company
Company types in St. Kitts & Nevis
The 7 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names St. Kitts & Nevis. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for St. Kitts & Nevis.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for St. Kitts & Nevis: where to register, file and check.
Blocs and agreements
The trade arrangements St. Kitts & Nevis belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- CARICOM Single Market and Economy
- Single market · since 2006
Covers goods, services, establishment, capital, movement of people, a common external tariff.
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They were Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago.
- OECS Economic Union
- Economic union · since 21 January 2011
Covers goods, services, establishment, capital, movement of people, a common external tariff.
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The British Virgin Islands, Anguilla, Martinique, Guadeloupe and Saint Martin are associate members of the OECS.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 33%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- USD 100
VAT
The tax on what the company sells in St. Kitts & Nevis, and when it must register, as the tax authority states it.
- The tax
- Value Added Tax (VAT)
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During this day, eligible tangible items currently subject to the standard 17% VAT rate will qualify for a reduced VAT rate of 5%
- Standard rate
- 17%
The Inland Revenue Department runs Discounted VAT Rate Days on which eligible tangible items are charged 5% instead of the standard 17% (the next announced is 17 April 2026); this is a temporary measure, not a standing reduced rate.
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During this day, eligible tangible items currently subject to the standard 17% VAT rate will qualify for a reduced VAT rate of 5%
- Other rates
- Not stated
- Registration threshold
- XCD 150,000
total value of taxable supplies of goods (retail and wholesale); for services (professionals and persons involved in commercial and time-share property for lease) the figure is XCD 96,000 of fees within 12 months or 365 days; any period of 12 months or fewer
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At the end of any period of 12 months or fewer months, your total value of taxable supplies, exceeds $150,000 or
- A foreign company
- See the note
The Inland Revenue Department's VAT guidance is published only as downloadable documents, whose text could not be read here, so nothing is recorded about suppliers without an establishment in St. Kitts and Nevis.
- Returns filed
- Monthly
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Value Added Tax (VAT) TAX PERIOD: December December 15, 2026
- Tax authority
- Registration page read 2026-10-22
Tax calendar
When the main returns and payments fall due in St. Kitts & Nevis, tax year 2025, as the tax authority states it.
- Corporate tax return
- 3 months and 15 days after the end of the accounting period · each year
The return is due three and one half months after the fiscal year end, so a 31 December year end gives 15 April. Recorded as three months and fifteen days from the accounting-period end.
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The Corporate Tax Return is due three and one half (3½) months after the fiscal year end of the entity.
- Corporate tax, final payment
- 3 months and 15 days after the end of the accounting period · each year
Any balance owing is due on the filing deadline of the return, i.e. three and one half months after the fiscal year end.
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Any balance owing on an Income Tax Return is due on the filing deadline of the tax return.
- Corporate tax, instalments
- 15 March · each quarter
Instalments are due at the end of each calendar quarter: 15 March, 15 June, 15 September and 15 December. The rule records the first; the other three are the same day of the following quarters.
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Taxpayers are required to pay their income tax in installments. Installments are due at the end of each quarter of the calendar year which are, the 15th of March, the 15th of June, the 15th of September and the 15th of December
- Personal income-tax return
- Not levied here
Income tax on individuals was abolished in Saint Christopher and Nevis in 1980, so there is no personal income tax return for residents.
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Income tax on individuals was abolished in 1980.
- Personal income tax, final payment
- Not levied here
Income tax on individuals was abolished in Saint Christopher and Nevis in 1980, so there is no personal balancing payment for residents.
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Income tax on individuals was abolished in 1980.
- Personal income tax, instalments
- Not levied here
Income tax on individuals was abolished in Saint Christopher and Nevis in 1980, so there is no personal payments on account for residents.
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Income tax on individuals was abolished in 1980.
- VAT return
- Day 15 of the following month · each month
VAT is monthly: the IRD's tax calendar pairs the November 2026 period with a due date of 16 November 2026, and its notice gives 15 April 2026. The 15th of the return month is recorded (months_after 0). The calendar's 16 November date is a Monday (15 November 2026 is a Sunday), which suggests a next-working-day adjustment, but the page does not state that rule, so shift_if_nonworking is unstated.
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Kindly take note that VAT is Due: Wednesday, 15th April 2026
- Payroll withholding
- Not levied here
Employers withhold no income tax from salaries because income tax on individuals was abolished in 1980. Social Security contributions are a separate charge administered by the Social Security Board; the Inland Revenue Department's income and withholding taxes are not a payroll income-tax withholding.
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Income tax on individuals was abolished in 1980.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for St. Kitts & Nevis yet.
Economy and trade
What it exports
Goods St. Kitts & Nevis exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes St. Kitts & Nevis’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Other aircraft (for example, helicopters, aeroplanes), except unmanned aircraft of heading 8806; spacecraft (including satellites) and suborbital and spacecraft launch vehicles HS 8802 | under 0.05% | under 0.05% | 38.2% | US$15 m |
| Measuring or checking instruments, appliances and machines, not specified or included elsewhere in this chapter; profile projectors HS 9031 | 22.3% | 10.0% | 20.8% | US$8 m |
| Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 8535 or 8536, for electric control or the distribution of electricity, including those incorporating instruments or apparatus of Chapter 90, and numerical control apparatus, other than switching apparatus of heading 8517 HS 8537 | 10.2% | 4.8% | 8.6% | US$3 m |
| Electrical transformers, static converters (for example, rectifiers) and inductors HS 8504 | 11.4% | 6.0% | 7.1% | US$3 m |
| Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages HS 2208 | 3.6% | 2.1% | 3.0% | US$1 m |
| Other fermented beverages (for example, cider, perry, mead, saké); mixtures of fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, not elsewhere specified or included HS 2206 | under 0.05% | 0.39% | 2.5% | US$1 m |
| Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter HS 8543 | 1.2% | 0.76% | 2.2% | US$1 m |
| Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) HS 7116 | under 0.05% | under 0.05% | 1.7% | US$1 m |
| Ferrous waste and scrap; remelting scrap ingots of iron or steel HS 7204 | 0.64% | under 0.05% | 1.2% | US$0 m |
| Brooms, brushes (including brushes constituting parts of machines, appliances or vehicles), hand-operated mechanical floor sweepers, not motorised, mops and feather dusters; prepared knots and tufts for broom or brush making; paint pads and rollers; squeegees (other than roller squeegees) HS 9603 | 0.90% | 0.42% | 0.94% | US$0 m |
Total goods exports, 2024: US$40 m. The ten largest headings are shown.