Nevis Financial Services Regulatory Commission - Foundations
http://www.nevisfsrc.com/component/...nload=185:multi-form-foundations-ordinance-02
> “limited liability company” means a company incorporated under the Limited Liability Company Ordinance or an equivalent statute, enactment or law in any other country or jurisdiction, and includes a limited liability partnership;
> “Limited Liability Company Ordinance” means the Nevis Limited Liability Company Ordinance, Cap. 7.04 (N);
> (5) A multiform foundation that
> is a company foundation and whose stated multiform is a limited liability company, shall include in its name the words “Limited Liability Company” or “L.L.C.” or “LLC” or “L.C.” or “LC” (with or without brackets) prior to the word “Foundation” or the abbreviation “FDN”;
> if the multiform is stated to be a company and the multiform foundation is a company foundation, in the event that the constitution shall fail to specify any other proper law as governing the by-laws, the provisions of the Corporation Ordinance shall apply, mutatis mutandis, as if references therein to the „company‟ referred to the company foundation; the „directors‟, the management board; and the „shareholders‟, the absolute beneficiaries; or in the case of a multiform which is stated to be a limited liability company, the provisions of the Limited Liability Company Ordinance shall apply, mutatis mutandis, as if references therein to the „limited liability company‟ referred to the company foundation; the „manager‟ or „member‟ as manager, a member of the management board; and the „members‟, the absolute beneficiaries; and
Nevis Financial Services Regulatory Commission - Legal Framework
http://www.nevisfsrc.com/component/...evis-limited-liability-company-ordinance-2017
http://www.nevisfsrc.com/component/...ility-company-forms-and-fees-regulations-2017
https://www.fsrc.kn/service-providers
LLC seems to provide stronger liability protection than IBC.
