B.V.I (BRITISH VIRGIN ISLANDS) OFFSHORE COMPANY
Please click here to place your order for a BVI IBC.
News: We can now set up corporate bank accounts in Hong Kong for BVI companies.
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 Belize, Seychelles, Panama and UAE 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.
From 1195 EUR (incl. registered office, agent, first year's government fees/tax etc.) Renewal fee from second year, only 395 EUR (incl. registered office, agent, annual government fees/tax etc.)
+ Add 995 EUR for corporate bank account in Switzerland. The bank has multicurrency accounts, credit cards, anonymous debit cards, internet banking, stock trading, forex trading etc.
+ Or you can add 995 EUR and we can have a bank account set up with a trillion dollar bank in Hong Kong. The bank has multi currency accounts, ATM debit cards, corporate cards can be arranged and internet banking. You must come to our office in Hong Kong to meet with the banker for this option. We can do it through correspondence also, however the fee is then 1495 EUR, since the certification process will be more expensive, and needs to go through the Qualified Intermediary program. Also if you order your company together with nominees your application has to go through the QI program, but there is then no need for you to come to physically to Hong Kong.
Please click here to place your order for a BVI IBC.
Required documentation from all beneficial shareholers:
If you only have ordered a company without a bank account, the following documentation is sufficient:
* Notarized passport copy
* Utility bill
No documentation can be older than 3 months. Certain banks also require bank references, please inquire for more information.