Nevis Company Accounting & Bookkeeping
Dependable accounting and bookkeeping for your Nevis entity. Well-maintained financial records give you confidence and keep your business running smoothly.
- Routine ledger upkeep and bank reconciliation
- End-of-period financial statement drafting
- Tax submissions and regulatory adherence
- Your own account manager for seamless communication
Why Nevis Entities Need Organized Bookkeeping
A look at the record-keeping requirements that apply to companies incorporated under Nevis corporate law.
Mandated under Nevis corporate law
Not mandatory for Nevis entities
No corporate income tax in Nevis
Statutory retention requirement
Record-Keeping Obligations
Companies incorporated in Nevis are required to maintain accounting records that faithfully capture all financial transactions, permit the entity's financial standing to be evaluated at any time, and enable the preparation of accurate financial statements.
What Records Must Be Kept
- Documentation of all funds received and paid out
- A summary of assets held and liabilities owed
- Invoices, receipts, and related correspondence
- Periodic financial statements
- Minutes from director meetings
- Shareholder decisions and written consents
Where Records Can Be Kept
Penalties for Non-Compliance
- Penalties imposed on both the entity and its directors
- Directors may be held personally accountable
- Possible strike-off from the corporate Register
- Damage to banking and commercial relationships
- Complications during investor or partner due diligence
Dedicated Accounting Services for Nevis Companies
Let us handle your bookkeeping and financial reporting needs, from daily records to year-end accounts, while you focus on what you do best.
Bookkeeping
Professional bookkeeping that keeps your Nevis company's finances in order and ready for review. Every transaction is recorded and sorted using industry-standard tools.
Transaction Recording
Thorough capture and sorting of all financial transactions within your accounting platform
Bank Reconciliation
Periodic review of bank accounts to confirm balances and spot any discrepancies
Accounts Payable/Receivable
Oversight of vendor payments, customer invoicing, and collections tracking
Monthly Close
Structured month-end procedures with reconciled accounts and verified balances
Financial Statements
Detailed financial statements that comply with international standards, providing a transparent snapshot of your Nevis company's financial position.
Balance Sheet
Clear summary of financial position including assets, liabilities, and equity
Income Statement
Comprehensive breakdown of earnings, costs, and net income or loss
Cash Flow Statement
Overview of cash movements through your business across key activity categories
Annual Accounts
Complete annual financial reports prepared according to recognised accounting standards
Management Reporting
Understand your Nevis company's financial performance through regular reports designed to highlight what matters most for your business decisions.
Monthly Management Accounts
Regular financial summaries with key figures and performance trends
Budget vs Actuals
Comparison of planned budgets against actual financial outcomes
Custom Reports
Bespoke reports built around your company's specific metrics and goals
Compliance Support
Ensure your Nevis company meets its financial compliance obligations. We assist with documentation, reporting, and coordination to keep everything on track.
Regulatory Filing Support
Assistance with preparing financial records needed for regulatory submissions
Registered Agent Liaison
Liaising with your registered agent on compliance matters and information requests
Audit Preparation
Organising financial documentation and preparing work papers for audit readiness
Payroll Services
Dependable payroll services that ensure your Nevis company's employees and contractors are paid correctly and on time, every time.
Salary Processing
Complete payroll calculation, processing, and documentation for your team
Contractor Payments
Processing and tracking of contractor invoices and payments
Want professional accounting for your Nevis company?
Clean books, reliable reports, and ongoing support — we make it straightforward.
Benefits of Professional Accounting for Nevis Companies
Well-managed finances are central to compliance, credibility, and confident business growth.
Regulatory Compliance
Maintain your Nevis company's compliance with applicable record-keeping standards. Proper financial documentation helps preserve your company's good standing.
Corporate Governance
Accurate financial records demonstrate responsible governance and operational integrity. Proper accounting supports your company's reputation and regulatory standing.
Banking Requirements
Financial institutions commonly request reviewed or audited statements during account reviews. Keeping professional accounts ready ensures banking relationships remain uninterrupted.
Investor Confidence
Detailed, accurate financial reports give shareholders and potential investors confidence in your company's management and financial health.
Informed Decision Making
Periodic management reporting converts financial data into meaningful insights, helping you track performance and make evidence-based business decisions.
Audit Readiness
Consistent bookkeeping practices ensure your records are always in order, making external audit requirements straightforward to meet whenever they arise.
How Our Nevis Accounting Service Works
A straightforward process from initial onboarding through to annual financial statements.
Getting Started
We discuss your company's activities, the volume of transactions, and reporting preferences to determine the right level of service.
Account Setup
Your accounting platform is configured, a chart of accounts is established, and secure document exchange channels are put in place.
Monthly Book Maintenance
We handle transaction recording, bank reconciliations, and general ledger upkeep on a consistent monthly schedule.
Performance Reporting
Management reports are delivered monthly, and we review the highlights and any notable figures with you.
Year-End Wrap-Up
Annual financial statements are prepared and we provide support for any filing obligations or audit requirements.
Frequently Asked Questions
Common queries about accounting and bookkeeping for Nevis-incorporated entities
Yes. Nevis entities must keep accounting records that accurately capture their financial transactions. These records should be retained for a minimum of 5 years.
There is no obligation to file annual financial statements with the Nevis authorities. Nevertheless, maintaining accurate financial records is important for compliance and good corporate governance.
Yes. We accommodate monthly, quarterly, or annual reporting, depending on your preference. Management accounts can be arranged on a bespoke schedule.
Failure to keep proper records can lead to penalties for the company and its directors, personal accountability for officers, possible strike-off from the Register, and damage to banking relationships.
Yes. We support a range of accounting tools including QuickBooks, Xero, and comparable platforms. We can also help set up a new system if you do not currently have one.
Bookkeeping is concerned with the orderly recording of financial transactions — receipts, payments, and invoices. Accounting encompasses a wider scope, including the preparation of financial statements, analysis, and advisory based on the recorded data.
Speak With Our Accounting Team
Questions about Nevis company bookkeeping, financial record-keeping, or reporting requirements? Our team is here to support you.
