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With a sophisticated legal, accounting and banking infrastructure, total exemption from all forms of taxation and a high level of anonymity, British Virgin Islands has been a popular choice for overseas business persons and their corporations for many years.    

Incorporation Procedure

Incorporation takes only 2 weeks. Initially, a name search will be conducted before the registration is submitted. We will let you know if your preferred name is not available and may offer some alternatives.

There is no requirement for having a minimum or maximum share capital. The share capital of a BVI IBC need not be disclosed. There are no issued share capital requirements for IBC's. An IBC can issue shares with or without a par value.

Multiple classes of shares can be issued by an IBC:

  • Bearer shares
  • Registered shares
  • Redeemable shares
  • Shares of no par value
  • Preference shares
  • Shares with or without voting rights

Shares can be denominated in any currency, not necessarily only in the USD. Shares may be denominated in more than one currency.

A minimum of One Director and One shareholder is required. There is no restriction on the nationality of residence. The sole director can also act as the sole shareholder. Companies and individuals may both act as company directors, secretaries and/or shareholders. A BVI IBC need not maintain registers of directors and officers. If prepared, the registers can be maintained anywhere in the world.

A Company Secretary is not a mandatory requirement of a BVI company.

The information of directors, officers and shareholders can be kept completely confidential.

Annual requirements

A BVI company is not required to file its Annual Return each year.

IBC's are not required to prepare (or submit) company accounts to any authority. Offshore company accounts need not be audited by internal or external auditors. Books and records of IBC's can be maintained anywhere in the world. Share books or company meeting minutes (if maintained) need not be certified by any authority

Taxation

BVI IBC's have no tax liabilities. The tax rate is zero percent (0%). Payment of capital gains taxes, inheritance taxes and death duties are not applicable on IBC's registered in the BVI. All dividends, interests, royalties, rents, compensations and other amounts are exempted from the payment of income tax in the BVI

What’s Included

  • Registered Address
  • Registered local Agent’s fee
  • Government fees
  • Certificate of Incorporation
  • Memorandum & Articles of Association
  • Appointment of First Directors
  • Consent Actions of the Board of Directors
  • Share Certificates
  • Register of Directors and Members

Options

  • Nominee Director
  • Nominee Shareholder
  • Bank Account opening
  • Merchant processing services
  • Certificate of Good Standing
  • Change of Company Name
  • Company Seal*

*Delivery of the physical seal will be extra.