British Virgin Islands Offshore Company Formation

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HIGHLIGHTS OF BRITISH VIRGIN ISLANDS

  • Excellent corporation law
  • Flexible company law
  • No taxes levied on international and banking transactions. No exchange control regulations
  • Political and economic stability
  • Excellent hotel accommodations
  • Excellent worldwide communication facilities
  • Skilled personnel
  • No capital gains, income or other kinds of taxes

BVI OFFSHORE COMPANY FEATURES

General
Type of Company BC
Type of Law Common
Shelf company availability Yes
Our time to establish a new company 2 days
Corporate Taxation Nil
Double Taxation Treaty Access No
Share capital or equivalent
Standard currency US$
Permitted currencies Any
Minimum paid up US$1
Usual authorised US$50 000
Directors
Minimum number One
Local required No
Corporate Directors Permitted Yes
Publicly accessible records No
Location of meetings Anywhere
Shareholders
Minimum number One
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required Optional
Local or qualified No
Accounts
Requirements to prepare Yes
Audit requirements No
Requirements to file accounts No
Publicly accessible accounts No
Recurring Government Costs
Minimum Annual Tax / Licence Fee US$350 (authorised shares < US$50,000) / US$1,100 (authorised shares > US$50,001)
Other
Requirement to file annual return No
Change in domicile permitted Yes
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