BVI Company Formation

Worldwide Incorporation Services specializes in BVI company registration and opening bank accounts.
Starting at $1,399.00
* Government Licence Fee is included.

REGISTER A COMPANY NOW! REGISTER A COMPANY NOW!

Jurisdictions >> BVI Offshore Companies >> BVI Company Registration

BVI Company. BVI Company Formation

Worldwide Incorporation Services specializes in BVI company formation and opening bank accounts.

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Starting at
$1,399.00
BVI Business Company Formation

Includes:

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Minutes of first meeting appointing the director(s)
  • Share Certificate(s)
  • Register of shareholders
  • Register of directors
  • Government Licence Fee
  • Registered Office
* Government Licence Fee is included.

BVI Ready-Made Companies

World’s Largest Selection of BVI Ready-Made Companies with Prestigious Name.

BVI READY-MADE COMPANIES LIST


British Virgin Islands – General Information

Location: Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico.

Area: total: 151 sq km, land: 151 sq km, water: 0 sq km, comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke.

Overview

The British Virgin Islands, or BVI for short, is a group of fifty islands in the Caribbean forming a British Overseas Territory. The main islands within this group are called Tortola, Virgin Gorda, Anegada and Jost Van Dyke. They have been autonomous from Britain since 1967. While the official name is the Virgin Islands, they are usually called the British Virgin Islands to separate them from the nearby American Virgin Islands.

Advantages of BVI Company Formation

Forming a company in the British Virgin Islands means setting up a so-called BVI Business Company or BVI BC. These are the most popular form of offshore companies in the world. They are available to residents of any country in the world and can be formed as a continuation of another company in another part of the world. There are many benefits to a BVI BC:

  • 0% corporate tax
  • 0% capital gains tax
  • 0% profit tax
  • 0% gift tax
  • 0% sales tax / Value Added Tax
  • 0% inheritance tax
  • No stamp duty except for land transactions in the British Virgin Islands itself
  • No restrictions on doing business anywhere in the world
  • Ability to transfer and repatriate money without fees
  • No currency exchange fees or limitations
  • A minimum of one shareholder is required for a BVI company formation
  • A minimum of one director is required for a BVI company formation
  • Corporate directors and shareholders are permitted
  • No need to publicise company directors, officers, owners or shareholders

BVI Company Formation – Legislation

Principal Corporate Legislation

The BVI Business Companies Act, 2004 (“the Act”) as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Company for International Trade, Investment & Tax Planning

BVI BC (Business Company).

Key Facts

Share Capital

There is no concept of authorised share capital in the Act. Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights. Bearer shares will be subject to anti-money laundering and due diligence obligations and a company which is authorised to issue bearer shares pays higher incorporation and annual fees.

Bearer Shares

Permitted.

Restrictions on Trading

A BVI Offshore Company cannot trade within the British Virgin Islands or own real estate there. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Each BVI Company must have a Licenced Registered Agent.

Registered Office Required

Each BVI Company must have a Registered Office, provided by a Licenced Registered Agent.

Directors

A BVI Company requires a minimum of one director. Director can be of any nationality and need not be resident in the British Virgin Islands. Corporate directors are permitted.

Shareholders

A BVI Company requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

US Dollar.

Exchange Control

None.

Time required for BVI Company Formation

Two days.

BVI Company Formation – Name of a Company

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.

Name of a BVI Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name.


BVI Company Registration – Costs

Filters Sort results
Starting at
$1,399.00
BVI Business Company Formation

Includes:

  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Minutes of first meeting appointing the director(s)
  • Share Certificate(s)
  • Register of shareholders
  • Register of directors
  • Government Licence Fee
  • Registered Office
* Government Licence Fee is included.
Why Choose Worldwide Incorporation Services?
  • We’ve been helping business owners since 1998
  • Incorporating your business is our focus
  • We make a complex process fast and easy
  • We work closely with BVI Companies Registry to guarantee our service

BVI Shelf Companies

World’s Largest Selection of BVI Shelf Companies with Prestigious Name.

BVI SHELF COMPANIES LIST


How To Buy a Ready-Made Company
To buy a Ready-Made Company please contact one of our offices.


BVI Company Formation – Office Addresses

 

Services related BVI Company Formation | BVI Company Registration

Worldwide Incorporation Services provides the following services related BVI Company Formation:

  • BVI Company Formation
  • Registered Office and Agent Services
  • Secretarial Services
  • Nominee Shareholder/Nominee Director
  • Opening of Bank Accounts
  • Full Administration Services
  • Mailing Address
  • Trademark Registration
  • Yacht Registration

Interested in BVI Company Formation?


Worldwide Incorporation Services | BVI Company Formation / Registration

 

Free Initial Consultation
Call to any of our offices for your free initial consultation.


How to proceed
To start your business in the British Virgin Islands please contact one of our offices or submit an online enquiry.

GET YOUR BUSINESS STARTED

Why Worldwide Incorporation Services is the Best Choice for BVI Company Formation and Administration?
Click here to find out some reasons for that.


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