In its favour
What it gives you
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A charging order, and no more
Nevis law confines a member's personal creditor to the distributions due to that member, not the assets and not the management.
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One member, and no board
The members may run it themselves. No directors, no slate of officers, and no meeting the law insists on holding.
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Foreign profit is outside the charge
Managed from abroad, with nothing earned in the Federation, the company pays no income tax and no capital gains tax here.
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The bargain is yours to write
Contributions, distributions, admission and transfer are settled in an agreement that is never filed and never made public.
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A calendar of two entries
There is no annual return, no accounts, no audit and no substance test. The anniversary fee and the April return are all of it.