OFFSHORE COMPANIES - B.V.I (BRITISH VIRGIN ISLANDS)
To place your order for a BVI Company, please give us a call or email us.
About British Virgin Islands (BVI)
British Virgin Islands (BVI) is one of the oldest, biggest and most respected offshore centres in the world and many other offshore jurisdictions have based their structures on the ones of BVI.
BVI IBC (International Business Company)
The British Virgin Islands have 450 000 IBCs registered under the International Business Companies Act No. 8 of 1984. The number is constantly increasing.
The BVI IBC is a great tool to transact international activities from a secure, professional and tax-exempt environment. The BVI provides a very sophisticated infrastructure and has a competitive advantage over many offshore jurisdictions. Although today we would in most cases suggest the Seychelles or Panama as better alternatives. This is because the British Virgin Islands is a British Territory and the British government is currently pressuring territories like the BVI to give up or at least ease their privacy and bank secrecy laws. Seychelles and Panama are both independent and are now taking the place as two of the most important offshore centres in the world. But for some individuals BVI companies may still be preferred.
The main reasons for BVI Company formation
* Maximum protection of assets.
* Possibility to transfer domicile.
* In order to protect the company’s assets from creditors, the directors may transfer them to a new company, trust, foundation etc. It’s also possible to merge the IBC with any foreign company in another jurisdiction.
* Exempted from all local assets and stamp duty.
* There’s no official shareholder registry in BVI, therefore the shareholders can stay anonymous. Share registers are kept in the company’s local office (normally provided by our agent) and are only available for inspection by the registered shareholders or by the order of the BVI court.
* No annual return and accounts requirement.
* Nominee directors and shareholders are allowed.
To place your order for a BVI Company, please give us a call or email us.
Procedure
Go to the order form. Fill in your details, place the order, choose to pay by credit card or bank wire. Within minutes you will receive an invoice to your e-mail, and login details to our client area. Login to our client area, and upload details regarding the benficial owners and the directors or the one holding the power of attorney. Also upload the required documentation specified down below (or send it by e-mail).
Normally within 1-2 weeks from the date that we have received the payment and you have uploaded all the documentation and details, your company will be registered. We will send you the company documents, together with the bank account opening forms and instructions (if you have ordered that service) by courier (1-3 days, depending on your location). You sign the bank account opening forms and return it to us by courier together with the required documentation:
Normally within 1-2 weeks we will get back to you by email with your account details.
Required documentation from all beneficial shareholers:
* Certified passport copy by a notary public/embassy or bank with the text "HAVING SEEN THE INDIVIDUAL AND THE IDENTIFICATION DOCUMENT AT THE SAME TIME I CERTIFY THIS IS A TRUE COPY AND THE PHOTOGRAPH A REASONABLE LIKENESS"
* Certified national id-card/driver license copy by a notary public/embassy or bank with the text "HAVING SEEN THE INDIVIDUAL AND THE IDENTIFICATION DOCUMENT AT THE SAME TIME I CERTIFY THIS IS A TRUE COPY AND THE PHOTOGRAPH A REASONABLE LIKENESS"
* A bank statement or credit card statement in original or certified copy prooving your home address. NOT OLDER THAN 3 MONTHS
* A bank reference