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 benefits for offshore companies and guaranteed privacy. Establishing an IBC in the BVI will secure confidentiality because company registers are not available for public inspection.

Company Name

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.

Directors

A BVI company requires only a single director. A director may be of any nationality and may be a corporate entity. Individuals must be at least 18 years of age. Director registers are unavailable for public inspection.

Shareholders

Only one shareholder is required. Shareholder details are kept confidential.

Share Capital

Although there is no minimum share capital, the standard authorised share capital is usually $50,000; this may be expressed in any currency.

Filing Requirements

There are no filing or auditing requirements in the BVI, although adequate accounting records must be kept.

Timescale

Once all necessary information has been received, along with proof of identity, the incorporation process takes only two days to complete.

British Virgin Islands Company Formation Fees

We offer an all inclusive BVI Company Incorporation Service

British Virgin Islands IBC Company Formation – 2 to 3 days

  • Reserving your Company Name
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Registry of Corporate Affairs
  • Appoint the Directors
  • Initial Government licence fee (US$575)
  • Standard government fee to BVI government
  • Certificate of Incorporation
  • Company Seal (required)
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier
  • Submission of Director register (not for public record)
£1060
Additional Services
Company Administration & Registered Office (required)£480
Shareholder & Directors Register Maintenance£175
Company Secretary (if required)£400
Annual Renewal Fees
Company Administration

  • Provision of the Registered Office and Registered Agent in the BVI
  • Maintaining statutory records
  • Maintaining shareholder and director registers
  • Compliance with local domicile requirements
  • Ensuring that your company is kept in good standing through payment of the annual government fee and filing of annual documents
£420
Annual Government License Fee (US$450)£370
Economic Substance Filing Fee£500
Directors Register Maintenance£175

 

Your company will be incorporated using your chosen name and we will ensure that the procedure is as simple as possible. The whole incorporation process can be arranged online and we will administer the preparation and filing of all registration forms on your behalf.

Upon receipt of the filing confirmation from the Registry of Corporate Affairs, we will email you with the incorporation details and then forward the premium binder containing all the official registration certificates and documentation.

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.

Travel

Travelling to the BVI is not required to incorporate a company.

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