Table of Contents
Why are so many companies incorporated in BVI?
Perhaps the most widely known (and often misconstrued) benefit of incorporation in the BVI is the tax neutral treatment of BVI companies. There is no corporation tax payable by BVI companies, making the BVI an ideal location to incorporate a start-up company.
How many shareholders can a BVI company have?
one shareholder
The company should have at least one shareholder, and bearer shares are allowed.
How do I start my own BVI business?
Process
- STEP 1 – SUBMIT INCORPORATION ORDER FORM FOR BVI COMPANY INCORPORATION. Please provide us your email address in the package details and we will email you the necessary incorporation forms.
- STEP 2 – MAKE PAYMENT FOR OFFSHORE COMPANY.
- STEP 3 – INCORPORATE BRITISH VIRGIN ISLANDS COMPANY.
Why is BVI offshore?
Nearly 41\% of offshore companies worldwide have been formed in the British Virgin Islands, making the BVI one of the world’s leading offshore financial centers. This is due to its fast registration process, complete confidentiality, the language of legislation (English) and the currency (US dollar).
What is BVI offshore company?
An “offshore company” is generally understood to be a corporation registered in a “tax haven” – low-tax or zero-tax country.
How many directors does a BVI company need?
one director
A BVI company must have at least one director at all times following the appointment of its first director(s), and it can have either individual or corporate directors. There is also no residency requirement for directors. Once directors have been appointed, they will be able issue shares to the shareholders.
How do I start an offshore company in the British Virgin Islands?
Can an offshore company in the BVI do business with residents?
An offshore company in the BVI is restricted from doing business with BVI residents or companies except where:
What is the International Business Corporation BVI?
As a leading offshore jurisdiction, the international business corporation BVI offers company owners many advantages and fiscal benefits. The BVI Corporation (IBC) was formally renamed the BVI Business Company but retained the very same features of the international business company.
How long does it take to register a company in BVI?
Under normal circumstances, BVI Corporations can be incorporated/registered within 3 working days. Flexibility in company structure of an offshore British Virgin Islands Company. Only one director or shareholder required for the company formation.
Why invest in the British Virgin Islands?
The British Virgin Islands is the second largest offshore jurisdiction for hedge funds globally and a prominent and flourishing jurisdiction for establishing offshore investment funds. BVI offers a variety of fund types, suitable to cover a range of different investment products and investors.