british_virgin_island

BVI IBC

Basic Package
Setup Cost

$1,075.00

Add-On

* We offer vintage and new shelf companies. Please contact us for more details.

Build your own package

Add-On

Annual renewal cost *$995

What's included:

Once your company has been incorporated it is important to renew and maintain the company on a yearly basis. The annual renewal cost includes the following:

  • Local government fees
  • Registered office fees for one year
  • Agent handling cost for one year
  • Renewal of company secretarial maintenance

(Optional)

  • Renewal of nominee services (if required)
  • Renewal of Power of Attorney (if required)

FAQs on company formation in British Virgin Islands

  • Why incorporate a company in British Virgin Islands?

    BVI allows you to form International Business Companies and has a legislation that is based on the British Virgin Islands laws.
    Confidentiality is the key feature of a BVI International Business Company and you require no public records for beneficial owners, directors or share holders…

  • What is the governing body in BVI?

    The BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004

  • Is it mandatory to publish information relating to company officers?

    BVI offers a high level of anonymity and privacy. It does not have a public register of company officers and no name is disclosed during the opening of a company

  • Do I need to file yearly accounts of my BVI company?

    BVI does not have any accounting or reporting requirements.

  • Is my company subject to any tax structure in BVI?

    There are no taxes applicable to a company formed in BVI

  • Is there a minimum capital requirement?

    There is no paid up capital requirement.

  • What are the minimum number of directors and shareholders required?

    Companies incorporated in BVI require a minimum of 1 director and/or 1 shareholder. There is no requirement for the directors and shareholders to be resident in BVI.

  • Do you require a secretary while forming a BVI company?

    It is not mandatory to appoint a secretary while forming a company in the BVI

  • Are bearer shares permitted?

    Bearer shares are not permitted.

  • How much time does it take to incorporate a company in BVI?

    One of the main advantages of company formation in BVI is the speed to register the company – it usually takes 1 – 2 working days.

  • What are the documents required for the formation of a company in BVI?

    Compliance is our key business success over the past 20 years therefore it is mandatory that all our customers comply with our KYC (Know Your Customer) requirements. This is important for our due diligence purposes. We require the following:

    • Certified scanned copy of passport for each director and shareholder
    • Certified scanned copy of a recent utility bill for each director and shareholder
    • A brief business plan
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