Nevis Simplified Tax Return (CIT-101) Filing — Stay Compliant, Stress-Free
Your Nevis IBC or LLC must submit the CIT-101 to the Inland Revenue Department each year. We take care of the entire process — from preparation and accurate completion to timely electronic submission — so your entity remains in full regulatory standing.
Understanding the Nevis Simplified Tax Return (CIT-101)
The Simplified Tax Return — officially designated as the CIT-101 form — is a mandatory annual declaration required from every active Nevis IBC and LLC. Administered by the Inland Revenue Department (IRD) of St. Kitts and Nevis, it serves as a tax residency and status declaration rather than a conventional financial return.
Unlike traditional tax returns, the CIT-101 does not require financial statements, revenue figures, or accounting records. Instead, companies declare their tax residency status — determined by where central management and control is exercised — along with whether they maintain a Permanent Establishment within the Federation.
This obligation was introduced in 2020 as part of St. Kitts and Nevis's legislative reforms to align with OECD and European Union standards on tax transparency. All submissions are made electronically through the IRD's dedicated online portal.
Information Required
Company Identifiers
Tax Residency Declaration
Permanent Establishment Assessment
Business Activity Classification
No financial statements or accounting records are required for the CIT-101. Entities determined to be tax-resident or to have a Permanent Establishment must additionally complete the full CIT-100 return.
Filing Exemptions
Struck-Off Entities
Restored Companies
Non-Nevis Registrations
Dissolved Entities
There are no broad exemption categories for the CIT-101. Virtually every active Nevis IBC and LLC — including dormant entities and holding structures — must file annually.
Penalty Structure
Initial non-filing penalty
5% of any tax owing is imposed immediately upon failure to submit by the deadlineOngoing monthly surcharge
An additional 1% of the outstanding tax accrues for each month or part thereof the return remains unfiledInterest on unpaid amounts
12% per annum is charged on any corporate income tax that remains outstandingFalse declaration consequences
Submitting inaccurate information constitutes an offence under the Perjury Act, carrying imprisonment of 7–10 years and fines up to EC$50,000For non-resident entities with no tax liability in the Federation, monetary penalties may be minimal. However, persistent non-filing can create complications with the entity's regulatory standing and good-standing status.
CIT-101 Filing Deadline
The CIT-101 must be submitted by April 15 each year, covering the previous calendar year (January 1 – December 31). Extensions have historically been granted by the IRD when portal disruptions occur.
| Tax Year | Filing Window | Deadline | Recurrence |
|---|---|---|---|
| 1st January 2024 to 31st December 2024 | 1st January 2025 to 15th April 2025 | 15th April 2025 | Same deadline annually |
| 1st January 2025 to 31st December 2025 | 1st January 2026 to 15th April 2026 | 15th April 2026 | Same deadline annually |
Your CIT-101 Filing, Handled from Start to Finish
Navigating the Nevis Simplified Tax Return can be straightforward — but only when every detail is handled correctly. Our team ensures your CIT-101 is completed accurately and submitted on time, every year.
Included at No Extra Cost
The CIT-101 filing is bundled into your annual compliance package — there are no separate fees or unexpected add-ons.
Nevis Regulatory Knowledge
We stay current with IRD requirements and CIT-101 form updates, so your declaration is always aligned with the latest compliance standards.
Single Point of Contact
A dedicated relationship manager coordinates your entire filing, keeping you informed and ensuring nothing falls through the cracks.
Proactive Deadline Alerts
Receive advance notifications well before the April 15 submission window closes, with consistent follow-ups until your filing is confirmed.
Efficient Processing & Submission
Once your details are confirmed, we prepare and submit your CIT-101 promptly through the IRD's electronic portal — no unnecessary delays.
Your CIT-101 Obligation, Covered
From gathering your company details to electronic submission with the IRD, we handle the entire CIT-101 process on your behalf.
CIT-101 Filing at Zero Additional Cost
Your Nevis Simplified Tax Return submission is part of the standard compliance package. Mandatory filings should never come with surprise charges.
For Existing Customers
For Company Transfers
What's Included
Full CIT-101 form preparation and review
Electronic submission to the Inland Revenue Department
Filing confirmation and compliance records
Assigned relationship manager throughout
Advance deadline monitoring and reminders
How We Manage Your CIT-101 Submission
A clear, four-step workflow to get your Nevis Simplified Tax Return filed accurately and on time.
Initiate Your CIT-101 Request
Reach out to begin the filing process. We verify your company registration number, Taxpayer Identification Number (TIN), and confirm your entity's current details on record.
Tax Residency & Status Review
We work with you to determine your company's tax residency position — based on where central management and control is exercised — and assess whether a Permanent Establishment exists within the Federation.
CIT-101 Preparation & Submission
With all information confirmed, we complete the CIT-101 form and submit it electronically through the IRD's dedicated online portal before the April 15 deadline.
Confirmation & Records
Once the IRD accepts the submission, we provide you with a filing confirmation for your records, verifying that your entity has fulfilled its annual Simplified Tax Return obligation.
Leave Your CIT-101 Submission to Us
Accurate, timely, and fully managed. We take care of your Nevis Simplified Tax Return so you don't have to.
Frequently Asked Questions
Common questions about the Nevis Simplified Tax Return and our CIT-101 filing service.
For entities already managed by Expanship, the CIT-101 submission is included in your compliance package at no additional charge. If you are transferring a Nevis company to us with outstanding CIT-101 filings, each overdue declaration costs US$225.
Once we have all necessary details confirmed — including your tax residency position and Permanent Establishment status — the CIT-101 is typically prepared and submitted within 24 hours through the IRD's electronic portal.
We can certainly assist with overdue CIT-101 declarations. Our team will prepare and submit the outstanding return promptly, and advise you on any penalties that may apply under the Tax Administration and Procedures Act.
The CIT-101 does not require financial statements or accounting records. You will need to confirm your company registration number, TIN, principal business activity, and details relevant to determining your tax residency and Permanent Establishment status.
Yes. The CIT-101 is submitted directly to the Inland Revenue Department and is not publicly accessible. All information you share with us is handled with strict confidentiality throughout the process.
This service is available for Nevis IBCs and LLCs managed through Expanship. If your entity is currently administered by another provider, you can transfer to us and we will handle any pending CIT-101 submissions during the onboarding process.
Your relationship manager sends advance reminders ahead of the April 15 filing deadline each year. We initiate the process early to ensure there is ample time for information gathering and review before submission.
That is exactly what our review process addresses. During step two of the filing workflow, we work with you to assess where your company's central management and control is exercised, which determines your tax residency declaration on the CIT-101.
Yes. After the IRD accepts your electronic submission, we provide a filing confirmation documenting that your entity has satisfied its Simplified Tax Return obligation for the relevant tax year.
Questions About Your CIT-101 Filing?
Whether you need guidance on the Nevis Simplified Tax Return or want to get started with your submission, our team is ready to assist.
