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The British Virgin Islands (BVI) offshore company registration

BVI offshore

BVI Offshore Company Registration

The British Virgin Islands (BVI) are one of the oldest and the most esteemed offshore financial centers in the world. This jurisdiction is extensively considered as a benchmark, which the other offshore jurisdictions strive to imitate. BVI offshore company registration  is a very popular due to it’s flexibility, tax exemption status, ease of operation and the fact that it’s  widely accepted and understood by the international financial community. Your offshore business can be managed in a tax-free environment.

Who and for what should choose BVI Offshore Company registration:

  • Entrepreneur,
  • Consultants,
  • International trade,
  • Commerce on the Internet,
  • Stockbrokers,
  • For inheritance purposes,
  • Intellectual property holding rights.

How to proceed with the BVI offshore company incorporation?

Provision of the following documents for registering the company:

  • An application form completed and signed company.
  • A copy of valid passport for each party to the transaction.
  • A personal bill less than three months.
  • Payment of our fees.

Note: additional documents may be requested depending on the chosen offshore bank.

Set-up time: From the moment we are in possession of all required documents:

  • For BVI offshore company registration: 1 day. Approximately 15 days for delivery of original company documents.
  • For Bank Account opening: offshore bank account opening in about three weeks.

The advantages of a BVI offshore company registration:

  • No corporate taxation – 0%.
  • No requirement to file accounts.
  • No publicly accessible records for Directors and Shareholders.
  • The flexibility of the legalization allows a company incorporated in the British Virgin Islands to operate with the absolute minimum of fuss.

The disadvantages of a BVI offshore company:

  • The lack of public registers can make proof of ownership difficult.

The main characteristics of a BVI offshore company:

General:
Type of entity IBC
Type of law Common
Shelf company availability Yes
Our time to establish a new company 2 days
Government fees for a share capital not exceeding US$50,000 350 USD
Government fees for a share capital exceeding US$50,001 1,100 USD
Corporate Taxation 0 %
Double taxation treaty access No
Share Capital or Equivalent:
Standard currency / Permitted currencies USD / Any
Usual authorized capital 50,000 USD
Minimum paid up US$1
Directors:
Minimum number One
Local required / Location of meetings No / Anywhere
Corporate Directors Permitted Yes
Publicly accessible records No
Shareholders:
Minimum number One
Publicly accessible records No
Company Secretary:
Required / Local or qualified Optional / No
Accounts:
Requirement to prepare Yes
Audit requirements No
Requirement to file accounts No
Publicly accessible accounts No
Other:
Requirement to file annual return No
Change in domicile permitted Yes

Order a BVI offshore company – Contact Us or request a Call Back!

Discover also:

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Other Offshore and International jurisdictions,

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