British Virgin Islands (BVI) Company Formation

Services include Formation and Annual Maintenance of an International Business Company (IBC) in the BVI, with or without nominee services. List of ready-made (shelf) BVI IBCs is available upon request.

The British Virgin Islands (BVI) is one of the most popular offshore jurisdictions for multiple type of operations. There are many benefits using BVI, including zero tax on income, no capital gains, no dividends tax, no sales/VAT tax, and freedom to operate worldwide. It has been a British colony in the Caribbean since 1672. With a stable self governed political structure and their own internal legislation based on a common law legal system, this territory enjoys high stability. The national currency is the U.S. Dollar and the official language in English. The International Business Company Act was passed in 1984 and created the International Business Company (IBC) which is the preferred offshore company vehicle.

Incorporation Services

Formation of Limited Liability Company in British Virgin Islands (BVI) Company Formation

Package includes:

  • Name approval and registration Company
  • Incorporation Payment of the Government License Fees
  • Registered office address and local agent (mandatory)
  • Appointment of company Secretary Rubber stamp
Package includes the following set of corporate documents:
  • Memorandum and Articles of Association
  • Certificate of Incorporation Appointment of First Directors & Directors' Consent
  • Share Certificate
  • Company Corporate Register

Nominee Services

Appointment of a Nominee Director.

Appointment of Nominee (or Trustee) Shareholder(s), to be holding the Company's shares for the benefit and under the instructions of the client(s).

Appointment of Company Secretary.

Additional Services

General Power of Attorney issued by the director for the benefit of the client(s), valid for 12 months.

A General Power of Attorney grants the client, or an agent of the client, with broad powers to represent, and act for, the Company before third parties, authorities and institutions.

Special Power of Attorney issued by the director for the benefit of the client(s), valid for 12 months.

A Special Power of Attorney, also known as Limited Power of Attorney, grants the client, or an agent of the client, with particular authority to represent, and act for, the Company for particular, specified, matter (i.e. such as for the opening of bank account in XXX Bank or for the execution of a particular agreement).

A Certificate of Good Standing is a certificate issued by the Registrar that shows that the Company has met its' statutory obligations and that it is duly registered and validly existing.

Certificate issued by the Company secretary verifying the Company’s current status.

Please refer to the Bank Account Opening section of this website.

Please refer to the Virtual Offices section of this website.

Facts & Info about: British Virgin Islands (BVI) Company Formation

  • Minimum Share Capital: One share
  • Minimum Number of Shareholders: One
  • Minimum Number of Directors: One
  • Bearer Shares Allowed: No
  • Corporate Directors Permitted: Yes
  • Company Secretary Required: No
  • Shelf Companies Available: Yes
  • Possible Name Endings: Limited, Corporation, Incorporated, Société Anonyme, Sociedad Anonima or the abbreviations Ltd, Corp., Inc., or S.A.

  • Registered Office / Agent: Yes (mandatory)
  • Local Directors: No
  • Local Secretary: No
  • Local Meetings: No
  • Government Register of Directors: Yes
  • Government Register of Shareholders: Yes

  • Submission of Annual Return: No
  • Preparation and Submission of Audited Accounts: No
  • Accounting records keeping - Yes

  • Minimum Annual Tax: Nil
  • Minimum Annual License Fee:
    • For companies with share capital up to US$50.000: US$350
    • For companies with share capital over US$50.000: US$1.100

Yes, avaiable for immediate delivery

Details of the shareholder, including copy of passport, reference letter and utility bill.