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The British Virgin Islands (BVI) is generally regarded as the premier offshore corporate domicile. Tourist advertisements proclaiming the qualities of the British Virgin Islands generally refer to them as "nature’s little secrets". However, largely due to its hallmark International Business Companies (IBC) Act of 1984, BVI is no longer a secret within the global financial community. Take advantage of the profitable regulations proposed by the BVI to set up your offshore company. |
Advantages of incorporating an IBC offshore company in the British Virgin Islands
Allowed activities |
Trading, Consulting, Holding, Real Estate Property, Investment, Copyright/Licence etc… |
Low fixed tax for incomes made out of the BVI |
(USD 350 per year) |
Non-disclosure of director(s) |
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Non-disclosure of shareholder(s) |
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No Accountancy or audit Requirements |
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Everything can be done from your country |
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Only one director needed to form company |
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Only one shareholder needed to form company |
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Banking details kept confidential |
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100% foreign ownership of the company |
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No minimum capital required |
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Capability to obtain a UE VAT number |
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Capability to apply for a financial license |
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Network of non Double taxation treaties |
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Our Company Formation Pack includes :
- Research and reservation of company name
- Incorporation of the company within 1 week’s time
- Registered address
- Certificate of Incorporation
- Certificate of Incumbency
- Memorandum and Articles of Association
- Original Register of Members and Directors
- Company Seal
Bank Account Opening Requirements
Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund your payment.
Copy of your passport or National ID Card
Proof of address / Utility bill (electricity, telecom) dated of less than 3 months
You resume/CV up to date with your academic and professional experiences
When possible a bank or accountant reference letter
Bank Account opening process:
- Account will be opened within 3 to 6 weeks weeks of document collection and submission to the bank
- Minimum deposit is between $ 500.00 to $ 1000.00 (depending on bank)
- Visa card/MasterCard available once you have funds in your account.
- Internet banking facilities provided (bank transfers, account checking)
Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund the bank service fee. |