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 CompanyBC
Type of LawCommon
Shelf company availabilityYes
Our time to establish a new company2 days
Corporate TaxationNil
Double Taxation Treaty AccessNo
Share capital or equivalent
Standard currencyUS$
Permitted currenciesAny
Minimum paid upUS$1
Usual authorisedUS$50 000
Directors
Minimum numberOne
Local requiredNo
Corporate Directors PermittedYes
Publicly accessible recordsNo
Location of meetingsAnywhere
Shareholders
Minimum numberOne
Publicly accessible recordsNo
Location of meetingsAnywhere
Company Secretary
RequiredOptional
Local or qualifiedNo
Accounts
Requirements to prepareYes
Audit requirementsNo
Requirements to file accountsNo
Publicly accessible accountsNo
Recurring Government Costs
Minimum Annual Tax / Licence FeeUS$350 (authorised shares < US$50,000) / US$1,100 (authorised shares > US$50,001)
Other
Requirement to file annual returnNo
Change in domicile permittedYes
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