BRITISH VIRGIN ISLANDS
BUSINESS COMPANY

INCORPORATION FEES

INCORPORATION COSTS (EUROS)
Registration and Processing Fees – Euros 1,950.00
Government License Fee – 1st year (US$ 1,100) – Euros 880.00/annual (Please check Government License Fees applicable to your case)
Preparing draft of Memorandum & Articles of Association – Euros 325.00
Notary certification and apostil of all statutory documents - Euros 450.00
Provision of Bearer Shares – Euros 350.00 (Optional, as you can decide for Nominative shares)
Provision of Registered Office in BVI, as legally required, including mail re-forwarding services – Euros 780.00/annual
Set up fee – Euros 25.00
Provision to cover mail charges – Euros 200.00
Annual maintenance fees – Euros 1250.00/annual (*)
Provision of an Offshore Corporate Bank Account – General Disbursements - Euros 870.00 (Optional)
2nd set of certified documents for Bank Account opening purposes – Euros 375.00
Hand Plier Company Seal – Euros 75.00
DHL delivery of documents – Euros 70.00

(*) 1st year fees will be payable together with incorporation fees.
In case you buy a shelf Company, please add, to the above costs, Euros 1,500.00 per each year old of the Company (age).

IMPORTANT REMARK:
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January

ANNUAL FEES
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, Registrar of Companies, and other official departments

NOMINEE SERVICES – OPTIONAL
Nominee Services are recommended to those people who wish and require 100% privacy, confidentiality and anonymity as to his relationship with the company. In such case, your name will not appear on the Registrar of Companies, but the nominees' names. You can however manage the company through a P.O.A. which can be issued as per your own verbiage or ours. This is the recommended situation for your specific case.

NOMINEES FEES
Provision of Nominee Corporate Shareholder – Euros 450.00/annual
Provision of Nominee Corporate Director - Euros 750.00/annual

Remark: In case you will contract our Nominee Services, a Power of Attorney (certified and apostilled) will be provided in the name of the person who will be in charge for the sole Management of the company, i.e., Beneficial Owner, together with following documents:

- Nominee Services Agreements
- Director's Declarations of Trust
- Director's Resignation Letters signed and undated
- Power of Attorney - Euros 650.00

FULL SERVICED VIRTUAL OFFICES
Full serviced Virtual Office in Tortola, BVI, or at an International Financial Centre, within Eurofinanzza Incorporators available locations – a service provided for those who incorporate offshore but simultaneously wish to offer the company a high degree of credibility internationally, and grant that all mail, phone calls and faxes addressed to your company by any entity, client, provider, … will be always received by you. In your specific case, this Virtual Office is highly recommended:

VIRTUAL OFFICE IN THE BRITISH VIRGIN ISLANDS

1. MAIL FORWARDING:
The costs would be Euros 1,495.00/annual (*) (for MAX 24 pieces per year), or more depending on unusual quantity, weights, and frequency of forwarding plus mail costs. A security deposit Euros 200.00 will be required.

(*) If incorporating your IBC with us, annual cost will be just Euros 780.00/annual

2. FAX FORWARDING:
Initial setup: Euros 400.00.
Ongoing fees: Euros 1,450.00/annual, plus fees payable to the telephone company.
We typically establish an account in the name of the client's IBC with the telephone company. A security deposit Euros 500.00 will be required.
The registered agent of your company in the BVI has equipment that will store and forward the faxes to any single pre-programmed number in the world.

3. VOICE SERVICES:
We offer several levels of telephone answering, with varying advantages and costs.
A. Voice to mailbox provided by telephone company: Euros 400.00 setup, Euros 1,450.00/annual plus fees payable to the telephone company (*). Client would be given all codes needed to create greetings and collect messages.
B. Answering machine at the Registered Agent office: Euros 400.00 setup, Euros 1,950.00/annual plus fees payable to the telephone company (*).
C. Live receptionist, with answering machine to cover overnights, weekends, & holidays: Euros 400.00 setup, Euros 2,450.00/annual plus fees payable to the telephone company (*). Receptionist would take a message and then use the client's own phone line to relay the information taken.
D. Call Forwarding: Euros 400.00 setup, Euros 2,960.00/annual plus fees payable to the telephone company (*). The phone line will be installed with permanent forwarding to the client's own voice number and all calls to the BVI number would be delivered there, subject to the local telephone company's applicable long distance charges (*).
(*) A security deposit Euros 500.00 will be required.

4. INSTALLATION TIME:
Installation time for a telephone line in the BVI varies from 2 to 6 weeks.

5. TOLL CHARGES:
Daytime toll charges to North America are US$1.30 per minute. Note that the fee to call most of the world is US$3.50 per minute. Only some other Caribbean points, North America and England are less expensive.

6. BILL PAYMENT:
Note that telephone bill payment may prove difficult logistically, due to the speed of the mails. We would suggest by far the easiest way to do this is by credit card. Cable and Wireless will accept a client's letter requesting to bill a VISA, MasterCard, or American Express account directly for all charges on the telephone line. The bills would be sent to our BVI address and forwarded so for accounting verification purposes. We can be asked to pay it from funds held on account. Our fee to pay the bill is an additional Euros 25.00 per month.

WORLDWIDE CORPORATE BANK ACCOUNTS

International Recommended banks:
ABN AMRO, Hong Kong
Alliance Leicester Commercial Bank, UK
Anglo Irish Bank, Vienna, Austria
AP Anlage & Privatbank AG, Switzerland (Group Parex Bank)
Atlantic International Bank, Belize
Baltikums, Latvia
Bank of Bermuda Ltd (owned by HSBC), Bermuda
Barclays Bank, Isle of Man and Gibraltar
Credit Suisse, Zurich, Switzerland
FBME Bank Ltd, Cyprus
First Caribbean International Bank, in Turks & Caicos
Lloyds TSB Bank, Isle of Man and Jersey
Loyal Bank, St Vincent & The Grenadines
National Bank of New Zealand, Auckland
NBC Nuevo Banco Comercial, Uruguay, Montevideo
Parex Bank, Latvia
Provident Bank, Belize
Rietumu Bank, Latvia
Standard Bank, Isle of Man, Jersey and Mauritius
Amongst others

If either of these banks or jurisdictions to set up your corporate bank account suits you, we shall be very pleased to assist you.

Our Services before you deal directly with the bank by yourself:

Independent advice to help you to choose the right bank
Support regarding due diligence requirements
Assistance with filling in the required forms
Provision of properly legalized corporate documentation where applicable
Recommending you to the bank based on your individual profile and due diligence documentation
Representing you before the bank in the course of account opening

Remarks:
(a) If extra legalization and/or corporate documents are required by the bank, additional fees apply;
(b) Bank own account opening fees and costs (if any) will be charged from the first deposit to your account;
(c) Bank fees and costs are not included into our bank introduction fees.
(d) Any of the banks above always have their final word, after due diligence processed, by accepting you or not as their customers, depending on their on evaluation; however, you are always free to open your company’s bank account by yourself, with some other bank of your selection.

DISCLAIMER
(1) The above description is not an offer or soliciting to provide financial services of any kind inclusive but not limited to buying any security or investment product or receiving an investment advice from us. Bank fees and account opening terms inclusive due diligence requirements are subject to change from time to time without notice;
(2) After the account has been opened you deal directly with the bank by yourself, entirely at your own risk and at your sole discretion; we may not be responsible for any changes in the legal or financial status, requirements, fees and commissions of the aforesaid Banks.

READILY AVAILABLE SHELF COMPANIES
Available upon request

INCLUSIONS
Certificate of Incorporation
Memorandum & Articles of Association
Share Certificates
First Minutes
Provision of Corporate Bank Account (if required)

DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier, if a faster delivery service required.

HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle payment by swift wire bank transfer.

DOCUMENTS AND INFORMATION REQUIRED
1 - In case you do not contract our Nominee Services, we need you to provide us the names of the persons who will be appointed by you as shareholder and Director for the company. We shall need scanned copy of passports and Utility Bill as proof of address.

Remark – Please note that a BC can have the Shareholder acting simultaneously as the Company’s Director, which means that you by yourself, or any corporation of yours, can have this company incorporated, not needing anyone else. You can also appoint as many shareholders and directors as you wish.

2 - In case you will contract our Nominee Services, it will be required the same documents but just of your person, as the Beneficial Owner of the company, as its attorney, to enable us to issue the Power of Attorney in your behalf.

3 - Also 3 – 4 alternative names will be required to enable us to make the name search and approval for the company.

TIME REQUIRED GETTING YOUR COMPANY’S NAME APPROVED
Same day or next day latest

TIME TO INCORPORATE
A new incorporated company will take approximately 4/5 working days; time to notarise and apostil all documents, approximately 4/5days; delivery by DHL 2 days.

Hope all above information meets your requirements and needs.

In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.

Hope all above information meets your requirements and needs.

In case you may have any further matter or question to clarify, please don’t hesitate to contact us, before taking your decision.

OFFSHORE INCORPORATION SERVICES
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TRUSTS
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SECURE & CONFIDENTIAL NOMINEE STRUCTURES
INCORPORATION IN EUROPE AND
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OFFSHORE BANKING
WORLDWIDE FULL SERVICED VIRTUAL OFFICES

FREE CONSULTANCY

info@eurofinanzza.com