British Virgin Islands Company Formation

Our Commitment

  • British Virgin Islands Company Formation in 10 days.
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • A dedicated manager available to assist you in British Virgin Islands Company Formation
  • Your company with a bank account, including eBanking and credit card. Opening by correspondence.

British Virgin Islands Company Formation is ideal for:

  • Businessmen
  • Commerce over the Internet
  • Consultants / Counselors
  • Expatriates
  • Traders
  • Holding intellectual property rights
  • For the custody of real estate
  • For inheritance purposes

 

PRICE FOR BRITISH VIRGIN ISLANDS COMPANY FORMATION :£3590

BANK ACCOUNT FOR BVI COMPANY FORMATION :£1000

Good to Know

With over half its income coming from the licensing of offshore companies and related services, the BVI is a significant global player in the offshore financial services industry. Once frequently labelled as a “tax haven”, the territory has fought hard against the label in recent years, signing the Multilateral Convention on Mutual Assistance in Tax Matters in June 2013. Re-positioning itself as a responsible international financial centre and tax planning destination, the BVI has turned its attention to Asia-based clients.

BVI Company main characteristics:

Company typeBusiness Company (BC)
Governing corporate legislationThe BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004.
Information published relating to company officersThere is no public register of company officers.
ConfidentialityThe BVI offers a high level of anonymity and privacy. No officer name is disclosed to the registrar upon company registration.
Accounting requirementNo accounting / reporting requirements.
TaxationNo taxes of any sort.
LegislationModern offshore legislation.
Standard currencyUS$
Time to formThe BVI has a fast and efficient registry: it takes about 48 hours to register a company.
StabilityStable jurisdiction with very good reputation.
CommunicationEfficient communication means.
Time zoneConvenient world time zone: GMT-4
Secretary requiredOptional
Paid up capital requirementNo paid up capital requirement.
Basis of legal SystemUnder Common Law.
Minimum directors/shareholdersMinimum of 1 director/shareholder
Bearer sharesBearer shares are permitted

DOCUMENTS REQUIRED FOR BRITISH VIRGIN ISLANDS COMPANY FORMATION
A certified copy of the passport (specific wording required), as well as a certified copy of a proof of domicile dated less than 3 months, a bank reference letter, a professional reference letter (from a lawyer, an accountant, a notary or a bank). All in original.

General information on BVI

The BVI is a British Crown Colony and has approximately 40 islands.

They are situated in the Caribbean about 60 miles east of Puerto Rico. The principal island of the archipelago is Tortola, whose capital city is Road Town.

Under the 1976 constitution, the BVI are independent from the UK, except with regards to its external affairs, defence, internal security, civil services and court administration for which the UK has kept the responsibility.

The BVI are an internationally recognized offshore center and also one of the oldest. Many other offshore jurisdictions based themselves on the BVI’s laws before developing their own corporate laws. Company formation in the BVI is finalized in 2-3 days.