British Virgin Islands

TYPES OF COMPANY:

  • Companies limited by shares
  • Companies limited by guarantee not authorized to issue shares
  • Companies limited by guarantee authorized to issue shares
  • Unlimited company not authorized to issue shares
  • Unlimited company authorized to issue shares
  • Segregated portfolio company
  • Restricted purpose company
  • Private trust company
  • Common law foundations
#Title
Capital requirements: No minimum; No maximum
Annual fees: $850
Rate of Taxation: No corporate taxes on foreign companies
How long to incorporate: 24 hours
No. of Directors needed: Minimum of one. May be foreign or local. May be person or corporation
Disclosure required: ID and background of beneficial owners and officers can be required by regulators.
Information can be shared by regulators in other jurisdictions if needed to discharge their regulatory functions.
Annual meetings: May be held in or outside BVI in person or by telephone. Proxy members permitted..
Annual returns: required by foreign companies and unlimited companies not authorized to issue shares.
Financial accounts need not be audited. No accounts required with annual returns.
Exchange controls: None

ADDITIONAL SERVICES

BANK ACCOUNT OPENING

NamePriceDetail
Caribbean $500
Europe $800
Hong Kong $1,000