Nevis Companies With Class A And Class B Shares

Structuring International Business Companies in Nevis with Class A and Class B Shares

The Nevis International Business Corporation Ordinance (the "NIBCO") governs the incorporation and operation of International Business Companies ("IBCs") in Nevis. The legislation permits companies to issue shares with different rights, privileges, restrictions, and conditions, as determined in their articles of incorporation, commonly designated as Class A and Class B shares.

An IBC with Class A and Class B shares may be structured for various objectives, such as wealth management, corporate governance, and asset protection. Class A shares may carry voting rights, and receive dividends, while Class B shares primarily hold economic entitlements without voting rights.