British Virgin Islands Company

The British Virgin Islands (BVI) are a British Overseas Territory in the Caribbean, to the east of Puerto Rico. The islands are geographically part of the Virgin Islands archipelago and are located in the Leeward Islands of the Lesser Antilles. BVI consist of the main islands of Tortola, Virgin Gorda, Anegada, and Jost Van Dyke, along with over 50 other smaller islands and cays. About 15 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about 20 km long and 5 km wide. The islands had a population of about 28,000 at the 2010 Census, of whom approximately 23,500 lived on Tortola.

BVI have always been a popular choice for the location of offshore company registration and management due to the low company incorporation cost, no requirement for company secretary and company paid up capital, mature legal system (English Common Law), tax free policy, and a stable political and economic environment. BVI offshore companies incorporated under the IBC Act have always been a popular choice for businesses due to maximum security and privacy,  and are licensed to do business worldwide (except the BVI) tax free.

 

Mandatory Requirements:

Company Name (English)

Nature of Business

Shareholding Percentage (if more than 1 shareholder)

Minimum 1 Director (any nationality, age 18 and above)

Minimum 1 Shareholder (any nationality, age 18 and above)

Identification Proof of the Director(s) and Shareholder(s)

Address Proof of the Director(s) and Shareholder(s)

Annual Fees Payable to the Government (either in May or November each year)

 

Benefits:

No Public Record of Register of Directors and Shareholders

No Restrictions on 100% Foreign Ownership

No Restrictions on the Currency of Share Par Value

No Requirements for Paid up Capital

No Requirements on Company Secretary

No Requirements to have Annual Shareholder Meeting

No Requirements to have Annual Audit

No Shares Transfer Tax

Company Accounts remain Private

Ease of Opening Corporate Bank Account

 

A foreigner, who wishes to set up his own company in the BVI must engage the services of a corporate service provider. Tokenup Technology is a Corporate Service Provider based in Singapore and we have direct partnerships with the BVI registry and local banks. Our professional and experienced team is able to help you set up flexible corporate structure(s) and corporate account opening within 5 business days.

 

We promise to deliver the best service at the most competitive price. Please welcome to contact us at [email protected] for more information.