*** To maintain good standing, your BVI company must pay an annual renewal fee. This fee is a flat rate and free from hidden charges.

What’s included for 1,599

● Incorporation of Company
● BVI Government Registration Fees
● Registered Office for 1 year
● Registered Agent for 1 year
● Certificate of Incorporation
● Memorandum of Association
● Register of Members
● Membership Certificates
● Lifetime support

Why BVI

The Virgin Islands, commonly referred to as the British Virgin Islands (BVI), is a British Overseas Territory consisting of four larger islands to the east of Puerto Rico in the Caribbean.

Formerly known as the BVI International Business Company or BVI IBC, a BVI Business Company (BC) is the most preferred offshore business structure in the jurisdiction. The name of the BVI business company was coined in 2004 after the enactment of the BVI Business Companies Act (2004).

This is a flexible structure that comes with several advantages, such as tax exemptions, privacy, and protection of confidential information. Moreover, you can use this business structure for asset protection, international business, forex trading, trust formation, and so on.

Benefits of opening a company in BVI

Primary Benefits:

1. Tax Advantages (No capital gains tax, inheritance taxes or death duties,No dividends, interest or royalties are required to be paid)
2. Strong Privacy Protection
3. Simplified Corporate Management
4. Flexible Capital Structure
5. Unrestricted Currency Movement
6. Well regulated and sophisticated jurisdiction

Types of Business Entities in BVI

The following types of companies were established by BVI Business Companies Act:

• Company Limited by Shares
• Restricted Purpose Companies
• Segregated Portfolio Company
• Company Limited by Guarantee
• Unlimited Companies.

Incorporation Procedure

Documents from individuals:

• Certified Copy of a Passport
• Certified Copy of a Utility Bill e.g., Gas / Electrical or Bank Statement (dated within the last 3 months)
• 3 Proposed company name
• CVs/Resume
• Completed Application Form (we will provide).

Documents from legal entities:

• Copy of the Certificate of Incorporation;
• Copies of incorporation documents (Articles of Association and Memorandum of Association).
• Register of directors/shareholders/members

Note: Where documents are in a language other than English, a certified translation of the full document into English must be provided, with the original document.

Company Structure

• Minimum Number of Directors: One, who may be a natural person or a corporate body.
• Minimum Number of Shareholders: One, which can be the same entity as the director.
• Beneficial Owners: While beneficial owners are not part of public records, you must provide this information to the Registered Agent who maintains confidentiality.

Timeline

Once we have received all the required identification documents, the company formation process will take approximately 5 working days subject to compliance review.

Taxation Policies