SET UP YOUR BUSINESS IN
BRITISH VIRGIN ISLANDS (BVI)
We support all worldwide
Investors & Entrepreneurs
Setting up their Business overseas
Eurofinanzza Tax Legal Law Center
Corporate Tax & Legal Consultors
British Virgin Islands
Company Formation on BVI
BVI Business Company (BC)
Why register your Business Company in BVI?
- Flexibility in Company Structure
- Privacy for Identity of Principals
- Minimum Capitalization
- Maintain Company Books and Records in BVI
- Annual Financial Statements and other Records
- Meetings of Shareholder (s) and Director(s)
- Amongst others
Type of Company
- Political Stability – Good
- Common or Civil Law – Common
- Disclosure of Beneficial Owner – No
- Migration of Domicile Permitted – Yes
- Tax on Offshore Profits – Nil
- Language of Name – Latin Alphabet
Type of Company for International Trade in
Investment Business Company
Minimum Number of Shareholders / Members – One
Minimum Number of Directors / Managers – One
Bearer Shares Allowed – Yes
Corporate Directors / Managers Permitted – Yes
Company Secretary Required – No
Standard Authorised Capital – US$ 50,000
Registered Office/Agent – Yes
Company Secretary – No
Local Directors – No
Local Meetings – No
Government Register of Directors / Managers – No
Government Register of Shareholders /Members – No
Annual Return – No
Submit Accounts – No
Recurring Government Costs
Minimum Annual Tax/License Fee – Depending on share capital and stock shares
Annual Return Filing Fee – N/A
New Government License Fees
The annual fee payable to maintain a standard company authorised to issue up to 50,000 shares increases to $450 and, for a company authorised to issued more than 50,000 shares, to $1,200.
Procedure to Incorporate
Restrictions on Trading
Powers of Company
Shelf Companies Available
Time to Incorporate
Authorised and Issued Share Capital
Classes of Shares Permitted
Double Taxation Agreements
Financial Statement Requirements
Economic Substance Requirements for Companies and Limited Partnerships
In response, the Government made a commitment to implement reforms by the end of
2018 to ensure that BVI businesses have sufficient economic substance.
The Government has subsequently discussed with the EU draft legislation to introduce economic substance requirements for companies and limited partnerships.
The Government held discussions with the Organisation for Economic Cooperation and Development (OECD) which has recently adopted substantial activities requirements to be applied to jurisdictions that levy low or (like BVI) zero corporate income tax. This means that substance rules will no longer be an EU standard but will be a global standard.
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One of our Business Development Managers will promptly answer your enquiry!
There is dedicated team in our Head Office available to deal with your enquiries regarding any of our five offices. We aim to respond to all enquiries within 24 hours.
Whether you are an existing client or interested in Eurofinanzza services, we would be happy to hear from you via any of our available communication networks: telephone, email, live chat, and enquiry form.
We look forward to hearing from you!
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