A BVI company name must be unique. Each company name must end with the suffix Corporation, Limited, Incorporated, Societe Anonyme, Sociedad Anonima or an appropriate abbreviation.
Registered Agent / Office
The company must list a registered office and agent in the BVI, which we provide as part of our services.
A BVI company requires only a single director. A director may be of any nationality and may be a corporate entity. Director Registers are unavailable for public inspection.
Only one shareholder is required. Shareholders may be of any nationality and corporate shareholders are permitted. Shareholder details are kept confidential.
Although there is no minimum share capital, the standard authorised share capital is usually $50,000; this may be expressed in any currency.
There are no filing or auditing requirements in the BVI, although adequate accounting records detailing the business’ transactions are required.
Once all necessary information has been received, along with proof of identity, the incorporation process takes only two days to complete.
BVI Company Formation – £900
Company Administration & Registered Office – £420
Proof of Identity
As part of our due diligence, we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
Travelling to the BVI is not required to incorporate a company.
British Virgin Islands International Business Company (IBC)
The British Virgin Islands (BVI) offer favourable business regulations, a prosperous economy and a stable political situation. The territory is a particularly popular place to incorporate an IBC as there are numerous tax benefits for offshore companies and guaranteed privacy. Establishing an IBC in the BVI will secure confidentiality for the beneficial owners because company registers are not available for public inspection. Shareholders enjoy exemption from all local taxes and duties including income tax, capital gains tax and corporation tax.