BVI Company Formation

bvi company formation

Register your company in the BVI within 5 days with bank account (upon validation of your identification documents). Benefit from client confidentiality protection through secured systems. We assist with bank account applications, including eBanking and credit cards, all done by correspondence. Enjoy year-round support from a dedicated manager for your company needs.

Business Company (BC)

The BVI derives over half of its revenue from licensing offshore companies and related services, establishing itself as a major global player in offshore financial services. Once characterized as a “tax haven,” the territory has actively addressed this perception by signing the Multilateral Convention on Mutual Assistance in Tax Matters in June 2013. Focusing on Asia-based clients, it now positions itself as a responsible international financial center and destination for tax planning.

BVI Offshore Company Formation
Register BVI Business Company (BVI BC)

  • Top choice for offshore businesses:
    • Advanced, adaptable corporate laws
    • Simple, cost-efficient incorporation
    • Strong privacy and confidentiality
    • Minimal ongoing compliance
    • Exemption from income, capital gains, gift, inheritance taxes, and VAT

REQUIRED DOCUMENTS FOR BVI INCORPORATION

  • Passport of each shareholder/beneficial owner and director.
  • Proof of residential address for either  the director or the shareholder (Must be in English or Chinese. Or certified translation version).
    -**We can appoint a local nominee Director in case you do not want to disclose your name on public, but you will have control over all your structures upon our internal Board resolutions. (250US$ per year)
  • Business Plan (Optional)
  • The proposed 3 company names with ending suffix “BC”

INCORPORATION FEES & TIMEFRAME

    • Timeframe: within 5 business days (with bank account)
    • 100% successful rate
    • Fast, easy & highest confidential via secured systems
    • Dedicated support officer (24/7)

    ONE-OFF PRICE:  US$ 1000
    Renewal fee: 350US$ per year
    (including yearly financial account & maintenance of company).

    Package includes a Business Bank Account:
    Choices of the following banks:
    Citibank, Santander Bank, OCBC Bank, Chase, Royal Bank of Scotland, Bank of America, UBS Bank, Credit Suisse

    Package includes an internet banking access:
    (Citibank, Santander Bank, OCBC Bank, Chase, Royal Bank of Scotland, Bank of America, UBS Bank, Credit Suisse)

MAIN CHARACTERISTICS OF A BVI STRUCTURE

Business Company (BC)

General Information
Type of Business Entity BC
Corporate Income Tax Nil
British Based Legal System No
Double Tax Treaty Access No
Incorporation Time Frame (Approx., days) 3
Corporate Requirements
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Corporate Directors Permitted Yes
Standard Authorized Capital/Shares 50,000 USD/ 50,000 shares
Local Requirements
Registered Office/ Registered Agent Yes
Company Secretary Yes
Local Meetings No
Local Directors / Shareholders No
Publicly Accessible Records No
Annual Requirements
Annual Return No
Audited Accounts No
Incorporation Fees
Our Service Fee US$ 1000
Annual Renewal Fees
Our Service Fee US$ 350

SCOPE OF SERVICES

Business Company (BC)

1. Company Formation Service Fee

Services and Documents Provided Status
Reserving your Company Name
Certificate of Incorporation (COI)
Memorandum and Articles of Association
Form of Appointment of First Director(s)
First Director(s) Resolutions
Letter(s) of Consent to Act as Director
Letter(s) of Application for share(s)
Letter(s) of Consent to Act as Secretary
Share Certificate(s) Nos. 1 and 2
Original Register of Directors *
Original Register of Members *
Original Register of Secretaries *
Completed Company Kit
Company seal (Add on)

2. Government Fee

Certificate of Incorporation Status
Company is authorized to issue a maximum of 50,000 shares of US$1.00 each.
Registered Agent and Registered Office fees for the first year

Main Features of a BVI Offshore Company:

  • Company type: Business Company (BC)
  • Governing corporate legislation: Regulated under the Business Companies Act 2004 by the BVI Financial Services Commission.
  • Information published relating to company officers: No public register of company officers.
  • Accounting requirement: No mandatory accounting/reporting requirements, but records must be maintained as per Section 98 of the Business Companies Act 2004.
  • Taxation: Exempt from all taxes.
  • Legislation: Modern offshore legislation under Common Law.
  • Standard currency: USD
  • Time to form: Approximately 48 hours upon validation of identification documents.
  • Stability: Stable jurisdiction with a strong reputation.
  • Communication: Efficient communication channels.
  • Time zone: GMT-4
  • Secretary required: Not mandatory.
  • Paid-up capital requirement: No specific requirement, standard share capital USD 50,000 can be adjusted.
  • Renewal Date: Annual renewal on the company’s anniversary.
  • Bearer shares: Not permitted.

US$ 1400<  US$1000


CLICK 'START' TO PROCEED WITH YOUR BVI INCORPORATION

Incorporating in the British Virgin Islands (BVI) offers several advantages:

  1. Tax Efficiency: BVI companies are exempt from local taxes on income, capital gains, gifts, inheritance, and VAT.
  2. Privacy: Strong confidentiality laws protect the identities of company owners and shareholders.
  3. Ease of Incorporation: The process is straightforward, typically completed in 2-3 days upon document validation.
  4. Global Recognition: The BVI is well-regarded globally for its stable legal framework and business-friendly environment.
  5. Cost-Effectiveness: Operating costs are minimized due to streamlined compliance requirements and no local taxation.

These factors make the BVI an attractive jurisdiction for offshore businesses seeking stability, privacy, and tax efficiency.

ABOUT BRITISH VIRGIN ISLANDS(BVI)

The British Virgin Islands (BVI) is renowned as a leading offshore financial center due to its modern corporate legislation, efficient incorporation process, and strong privacy protections. Companies in BVI benefit from no taxation on income, capital gains, or inheritance, making it attractive for international business and investment. With a stable legal system based on Common Law and a reputation for confidentiality, the BVI remains a preferred jurisdiction for offshore company formation and asset protection globally.


    In some countries, an international business license is required to operate. Additionally, if you wish to be a major shareholder in a company headquartered in a country that mandates such a license, you will need approval before acquiring a stake. While requirements vary by country, there are several basic steps to obtaining an international business license. Business Ventures Management Limited is your one-stop hub, having structured over 18,000 Global Businesses worldwide to date.

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    217/1, 21st September Avenue,
    Naxxar NXR 1013, Malta.

    EMAIL

    support@dodoapps.com

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