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
| Name | Price | Detail |
|---|---|---|
| Caribbean | $500 | |
| Europe | $800 | |
| Hong Kong | $1,000 |