BVI Offshore Company Registration – Business Setup
(British Virgin Islands)
- Register your Company in BVI in 2-3 days (upon validation of your identification documents). *
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
5 simple steps are needed to register an offshore company in the BVI
Complete our application form - British Virgin Islands
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Register your company successfully
Once your documents have been processed your company will be successfully registered.
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
British Virgin Islands Offshore Company Formation
Good to Know
With over half its income coming from the licensing of offshore companies and related services, the BVI is a significant global player in the offshore financial services industry. Once frequently labelled as a “tax haven”, the territory has fought hard against the label in recent years, signing the Multilateral Convention on Mutual Assistance in Tax Matters in June 2013. Re-positioning itself as a responsible international financial centre and tax planning destination, the BVI has turned its attention to Asia-based clients.
Main Characteristics of a BVI Offshore Company
Company type
Business Company (BC)
Governing corporate legislation
The BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004.
Information published relating to company officers
There is no public register of company officers.
Accounting requirement
No accounting / reporting requirements.
N.B. As per Section 98 of the Business Companies Act 2004 (Amended) a company must keep such records and underlying documentation as necessary to establish its financial situation and explain its transactions
N.B. As per Section 98 of the Business Companies Act 2004 (Amended) a company must keep such records and underlying documentation as necessary to establish its financial situation and explain its transactions
Taxation
No Taxes of any sort.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
Legislation
Modern offshore legislation.
Standard currency
US$
Time to form
The BVI has a fast and efficient registry: it takes about 48 hours to register a company (upon validation of your identification documents).
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-4
Secretary required
No
Paid up capital requirement
No paid up capital requirement. The standard share capital is USD 50,000 but can be amended to fit your requirements.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal system
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of a BVI Company
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
of your passport (specific wording required), a certified copy of proof of domicile dated less than three months (specific wording required), a curriculum vitae, an original bank reference letter dated less than three months, as well as last 3 months' bank statement. All in original.**
British Virgin Islands Offshore Company, ideal for:
British Virgin Islands Offshore Jurisdiction News
ITA Audit for the British Virgin Islands
26 October 2021
In 2018, the Economic Substance (Companies and Limited Partnerships) Act came into effect. Recently, the deadline for the first filings passed for the BVI Tax Authority. They are now expected to commence targeted requests for audits to entities requesting verification of relevant activities[..]
Top 4 best offshore bank account jurisdictions
25 May 2021
When it comes to setting up a business there are lots of things you need to consider, including choosing the right banking jurisdiction[..]
Benefits of using BVI structures
11 November 2020
The British Virgin Islands (“BVI”) is the most [..]
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
08-Jun-2021
According to my own experience, SFM is not a scam, it is a legit business. They enabled me to incorporate a company and submitted the original documents to my place.
I faced some issues in the beginning with the risk evaluation by their country representatives, but with the help of Mr. Salvatore, I was finally able to successfully register it and I would recommend their services for my people.
Thank you Mr. Salvatore.
According to my own experience, SFM is not a scam, it is a legit business. They enabled me to incorporate a company and submitted the original documents to my place.
I faced some issues in the beginning with the risk evaluation by their country representatives, but with the help of Mr. Salvatore, I was finally able to successfully register it and I would recommend their services for my people.
Thank you Mr. Salvatore.
01-Jun-2021
It was way beyond my expectations. An extraordinary experience.
Amazing customer service and products! My account manager (Martin) is very helpful and contacted me right away when I had a question.
Absolutely loved my experience with this shop. They were quick to respond to my questions.
Recommend account manager & shop 100 percent!
I want to thank you all for all your efforts and especially Martin!
It was way beyond my expectations. An extraordinary experience.
Amazing customer service and products! My account manager (Martin) is very helpful and contacted me right away when I had a question.
Absolutely loved my experience with this shop. They were quick to respond to my questions.
Recommend account manager & shop 100 percent!
I want to thank you all for all your efforts and especially Martin!
23-May-2021
Salvatore, was helpful and responsive whenever needed and contacted. Company and documents were delivered as discussed and agreed to. Also Very helpful with answering inquiries and giving suggestions
Salvatore, was helpful and responsive whenever needed and contacted. Company and documents were delivered as discussed and agreed to. Also Very helpful with answering inquiries and giving suggestions
20-May-2021
Very happy with the service, specific Mary is very helpful and very professional, thank you Mary
Very happy with the service, specific Mary is very helpful and very professional, thank you Mary
10-May-2021
Very efficient and smooth process. Kirtee was excellent all around and very professional.
Very efficient and smooth process. Kirtee was excellent all around and very professional.
30-Apr-2021
ate agora tudo excelente. rapido, eficiente e atencioso
ate agora tudo excelente. rapido, eficiente e atencioso
