Start a Business in
the British Virgin Islands
Welcome to the unparalleled business environment of the British Virgin Islands (BVI), where opportunity meets innovation amidst the breathtaking Caribbean backdrop. Establishing a company in the BVI offers a myriad of benefits and advantages that make it a premier choice for entrepreneurs and businesses worldwide. From its favorable tax regime to its robust legal framework and unparalleled global reputation, the BVI stands as a beacon of excellence in the realm of international business. Join us as we explore the myriad reasons why setting up your company in the British Virgin Islands is not just a smart choice, but a transformative one for your business aspirations.
Why should we choose the British Virgin Islands for incorporation?
Easy, fast & remote process
Tax benefit with high confidentiality
Minimal annual compliance requirements
Low cost & simple company formation
Leading offshore financial center
Receive the expert assistance you require.
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What is the process and cost of registering a company in the British Virgin Islands?
The process involves choosing a registered agent, selecting a company name, preparing incorporation documents, paying the registration fee, and submitting the required documents to the BVI Financial Services Commission.
Costs can vary depending on factors such as legal fees, government fees, and additional services required.
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Are there any tax advantages to incorporating a company in the BVI?
Yes, BVI companies benefit from tax neutrality, meaning they are not subject to corporate income tax, capital gains tax, withholding tax, or inheritance tax on transactions conducted outside the BVI. However, it’s essential to consider the tax implications in the jurisdiction where the company operates.
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Key Features of BUSINESS COMPANY (BC)
The framework necessitates the presence of a minimum of one director, one shareholder (which can be an individual or a corporation), and one ultimate beneficial owner (who must be a natural person).
Enjoy tax exemption benefits, provided that business activities remain outside of this jurisdiction.
Information regarding company members is confidential and not publicly disclosed.
There are no specific requirements for minimum or maximum share capital, allowing for flexibility in issuing and transferring shares.
It is mandatory to engage a registered agent and maintain a local office to ensure compliance with all aspects of BVI company law.
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Notarized copies of passports of all members
Notarized copy of address proof* of all members
Contact information (email address and phone number)
Source of funds for all members: A Resume (CV) or LinkedIn profile is sufficient
Detailed business description: The template will be provided later
*Note: Address proof can be a bank statement or utility bill that shows the holder’s name and address in English, issued within the last 3 months.
