BRITISH VIRGIN ISLAND 
100% ONLINE INCORPORATION

Benefits of Incorporating a Company in B.V.I.

  • The British Virgin Islands is known for its competitiveness in offshore banking, offering flexible jurisdictions and advanced financial regulations. This has made the islands a popular choice for company registration and the opening of offshore bank accounts, surpassing all other countries.
  • In the British Virgin Islands, an exceptional tax environment is enjoyed, as there are no taxes on income, capital gains, donations, inheritances, sales, or value-added, making it an attractive destination for investors and entrepreneurs.
  • The presence of prominent international legal and accounting firms in this territory highlights its global prestige in areas such as investment funds, commercial activities, vessel and aircraft registration, captive insurance, as well as trust and estate planning
  •  The current legislation in the British Virgin Islands is modern and constantly updated, ensuring the protection and stability of financial markets, which generates confidence among investors.
  • The legal framework for companies in the BVI is considered by international investors to be highly sophisticated, being a model that has been adopted by various offshore jurisdictions around the world.
  •  It is important to highlight that the British Virgin Islands have never been included in the FATF or OECD blacklists, which reinforces their reputation as a legitimate and secure financial center.
  • The British Virgin Islands Registry is characterized by its discretion, as it does not contain public information about the directors, executives, or shareholders of the registered companies.
  • The only documents accessible to the public are the Memorandum and Articles of Association, which do not reveal details about the shareholders or directors, thus ensuring a high level of confidentiality.
  • The recent Companies Act allows International Business Companies (IBC) to operate and own properties in the British Virgin Islands, expanding business opportunities in the region. - Compliance requirements are minimal, making it easy to create and manage companies without the burden of complex information requirements.
  •  Confidentiality stands out as one of the most valued characteristics of corporations in the British Virgin Islands, attracting those who seek a secure and private business environment.
     

   Recommended Business   Activities in B.V.I.

  • Offshore savings and investments
     
  • Conducting business activities in the British Virgin Islands
     
  • Trade and distribution
     
  • Currencies and stock trading
     
  • Professional services company
     
  • Shipping & Brokerage
     
  • International trade
     
  • E-commerce
     
  • Importing and Exporting of products
     

Legislation of British Virgin Island

  • Location: In the Caribbean Sea
  • Total area: 151 km² 
  • Population: 105,000 (2019)
  • Capital: Road Town
  • Currency: United States Dollar USD                                           (http://bvifinance.vg)
  • Dialing code: +1-284 
  • Official language: English 
  • Ethnic groups: Blacks 83.4%, whites 7%, others 9.6% (includes Indians and mestizos) (Censor 2004) 
  • Credit rating: AA 
  • Type of government: British Overseas Territory
  • Executive branch: Executive Council                                        (http://www.bvi.gov.vg). 
  • Legislative branch: Unicameral Assembly.  
  • Judicial branch: Eastern Caribbean Supreme Court. Legal system Based on English Common Law with local modifications and local statutes                                                 (http://www.eccourts.org).

Tax System:

  • Personal tax: No 
  • Corporate tax: No 
  • Corporate tax (in detail): No - for offshore companies 
  • VAT: No VAT.
  • Details: There is no VAT in Australia. The equivalent is G.S.T. The rate is 10%. 
  • Withholding tax: 0% (dividends), 0% (interest), 0% (royalties) 
  • Other taxes: Payroll tax for companies employing local workers, Property taxes 
  • Change control: No 
  • Government rate: 350 
  • Stamp duty: 12% (for non-residents), 4% (for residents) 

            Types of Company in              British Virgin Island:

  • International business company (B.V.I. business company).

The B.V.I. is a popular offshore jurisdiction for company formation due to its favorable business environment, tax neutrality, and high level of confidentiality.


The creation of a company in British Virgin Island:

  • Register and secure the name of the proposed company (https://www.bvifsc.vg/company-searches)
  •  complete the KYC procedure.
  • Memorandum and Articles of Association
  •  Certificate of Incorporation
  •  Appointment of a company director(s).
  • Registry of members and directors. 
  • Share Certificate(s).

What is included in our register company:

  • B.V.I. Company Formation
  • B.V.I. Government Registration Fees
  • Registered Office for 1 Year
  • Registered Agent for 1 Year
  • Corporate Company Seal
  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Written Resolution of the Directors
  • Register of Directors
  • Register of Members
  • Share Certificates
  • Virtual Office (optional, 1 year contract) 
  • Insurance Commercial (optional)
  • Trademark (optional)
  • Virtual receptionist (optional)
  • Telephone Local (optional)
  • Accounting service (optional, referred to a commercial partner)

 

 

PACKAGE CONTENT
 

B.V.I. business company

  •  B.V.I. Company Formation
  • B.V.I. Government Registration Fees
  • Registered Office for 1 Year
  • Registered Agent for 1 Year
  • Corporate Company Seal
  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Written Resolution of the Directors
  • Register of Directors
  • Register of Members
  • Share Certificates

Optional Services:

  • Virtual Office (1 year contract) 
  • Open bank account
  • Insurance Commercial 
  • Trademark 
  • Virtual receptionist
  • Telephone Local 
  • Web domain (com.vg)
  • Accounting service (referred to a commercial partner)

 Requirements to register a company in B.V.I.
 

  • Choice of the company name (https://companysearch.vg/)
  • Director(s) - Name, address, passport number, nationality, and current occupation (At least one required and can be corporate)                  
  • Shareholder(s) - Name, address, passport number, nationality, and current occupation, and the number of shares that will be issued to each shareholder 
  • A brief description of the Company's planned activities and the countries of operation
  • The source of the funds that will be invested in the company, for example, derived from the savings of the salary earned working as xxxxx for the company yyyy for zz years.     
  • Scanned certified or notarized passport (if possible) that is valid for at least 6 months.  
  • Scan of certified or notarized proof of address (if possible) (utility bill or bank statement, tax invoice, etc.) that is no more than three (3) months old and must be in English or officially translated into English
  • CV/resume
  • Any other document(s) as required by the Business Registry (if applicable) 

Additional Services in British Virgin Island

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