Capital: Road Town
Official language: English
Currency: United States Dollar (USD)
A British overseas domain characterized by high adaptability and political stability, it is also well known as a tax heaven as well as a commercially trustworthy country.
Setting up an IBC is particularly advantageous due to the flexibility of British Virgin Island as an offshore centre with its legal system governed by English common law and a the exemption from taxes; although bearer shares is allowed, it might not be the best option as involving a higher government fee.
Confidentiality is ensured by the fact that the company information is not publicly available, furthermore nominee officers can be appointed with a view to improving the privacy level.
REQUIREMENTS FOR BVI COMPANIES | Included Package | |
---|---|---|
Currency | US Dollar | |
Minimum share capital | 1 share | * |
Directors | Minimum 1 | |
Company Secretary | Not mandatory | |
Shareholder | Minimum 1 | |
Registered address | Required local address in BVI | * |
Local Requirements | Must maintain a local Registered Agent and a local Registered Office. | * |
Yearly Government renewal | No.Just to pay government fees $100 | * |
Filing of accounts & Taxes | Not required but internal financial records to be kept | * |
Taxation | 0% tax | * |
BVI INCORPORATION PROCEDURES | |
---|---|
Fill out Incorporation form | Apply online |
Documents required | Upload a copy of requested documents |
Payment | Pay online with our secure payment |
During & After incorporation | We will be in constant contact during and after |
Duration for Incorporation | 1-2 days |
First Year Fee | First Year Fee | |
---|---|---|
Inclusive : | Order £ 900.00 | £ 725.00 |
*Incorporation | * | * |
*Registration with BVI Authority | * | * |
*Paying government fee | * | * |
*Registered address and registered agent | * | * |
*Appointing your director | * | * |
*Certificate of Incorporation | * | * |
*Standard Memorandum and Article of Association | * | * |
*Ongoing Support | * | * |