CHARACTERISTICS OF BRITISH VIRGIN ISLANDS OFFSHORE COMPANY FORMATION
The BVI company registration characteristics are listed in the tabular form for your better understanding.
Type of Company |
Business Company (BC) |
---|---|
Type of Law |
British Common Law |
Governed By |
BVI Business Companies Act 2004 |
Requirement for Registered Office |
Yes |
Corporate Taxation |
No |
Minimum paid-up capital |
US $1 |
Minimum Number of Directors |
One |
Minimum Number of Shareholders |
One |
Requirement to Prepare Accounts |
Yes |
Requirement to File Annual Return |
No |
Bearer Shares Allowed |
No |
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Nil or Low Corporate Tax
Business confidentiality
No Paid-Up Capital Required
Minimum Reporting
Hassle-free Compliance
Offshore savings and investments
Trade and distribution
Forex and stock trading
E-commerce
Professional service company
International trading
Holding a bank account
Start Your British Virgin Islands Offshore Company Formation in 5 Easy Steps:
Fill an Application Form
Upload your Documents
Register the Company
Additional Services such as Bank account
Company Kit Dispatch
Documents Required to Register BVI Offshore Company**
- Certified passport copy
- Certified copy of proof of domicile (issued within 3 months from today)
- [The proofs are required in original and the certification in a specific wording]
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FAQs
What is the type of offshore company one can establish in BVI?
A Business Company is one type of offshore company one can establish in BVI.
What is the minimum number of directors required to establish an offshore BVI company?
The minimum number of directors required to establish an offshore BVI company is one.
What is the minimum number of shareholders needed to establish an offshore BVI company?
The minimum number of shareholders required to establish an offshore BVI company is one.
Is it mandatory to file annual returns for BVI offshore company?
No, filing annual returns for BVI offshore company is not mandatory.