British Virgin Island Incorporation

Corporate Secretarial. Accountancy. Tax. Corporate Legal Advisory. Management Consultancy. Business Support Services.

British Virgin Isalnd (BVI) is the leading offshore jurisdiction with over 750,000 offshore companies incorporated since 1984.

British Virgin Islands (BVI) is one of the oldest and most respected offshore financial centres in the world. 

BVI is widely considered as a benchmark, which the other offshore tax havens strive to emulate.

Incorporate a BVI Company!

Law

The BVI Business Companies Act (No 16 of 2004) is the principal statute of the British Virgin Islands relating to British Virgin Islands company law, regulating both offshore companies and local companies.

It replaced the extremely popular and highly successful International Business Companies Act.

Company Set- Up Requirements

Minimum Shareholders

1

Minimum Directors

1

Corporate Directors & Shareholders

Permitted

Local Secretary required

No

Local Registered Office

Yes

Minimum Paid Up Share Capital

US$1

Annual Reporting & Audit

Not Required

Local Tax on Foriegn Income

Exempted

Steps to Register a BVI Company

1

Prepare due dlligence documents and forms for incorporation

2

Reserve Company nate at the Registry of Corporate Affairs

3

Submit signed incorporation documents

4

Recieve registration approval 

5

Company officialy incorporated

6

Open Corporate Bank Account & Apply for license

Types of Companies

1

A company limited by shares        (preffered corporate structure)

2

A company limited by guarantyee that is not authorised to issue shares

3

A company limited by guarantee that is authorised to issue shares

4

An unlimited company that is not authorize to issue shares

5

An unlimited company that is authorised to issue shares

Advantages of setting up a BVI Company

0% Corporate Income Tax
100% Asset Protection
Exemption from all local taxes
Cost Effective & Fast Formation Procedure
Low cost for annual renewal
No Accounting & Audit Requirements
Citizens of any country can register a BVI BC
Companies registered in any other jurisdiction may be transferred to BVI

Best Uses of a BVI Company

Financial Service and Holding Companies

Transparent laws & regulations
Ease of company incorporation
Transparent tax laws
Higly reputed amongst offshore jurisdictions
Good infrastructure inplace
Strong Banking facilities

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Experts at company incorporation in the British Virgin Islands
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