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 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 |
British Virgin Islands Offshore Company Setup Advantages
Looking for BVI offshore company formation? The experts at Business Setup Worldwide deal with utmost care and attention, offering you the best offshore company formation service that takes care of all your needs.
Nil or Low Corporate Tax
Business confidentiality
No Paid-Up Capital Required
Minimum Reporting
Hassle-free Compliance
USD as the official currency
British Virgin Islands Company Registration Is Ideal For
Offshore Saving and Investment
Trade and Distribution
Forex and Stock Trading
E-Commerce
Professional Service Company
International Trading
Holding a Bank Account
Steps to Register Your Company
BVI registration of your company can prove beneficial for a multitude of reasons. BVI offers a simple set steps for registering your company.
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]
- Original proofs and certification with specific wording are required.
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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.
