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

British Virgin Islands Offshore Company, ideal for:
* 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
96%
Customer satisfaction rate, testimonials verified by Feefo.com
27-Feb-2015
SMF is a company that knows what they do! Opening a bank account and forming a company through SMF is super simple and everything can be done via email.
Anyone who is considering forming a company and/or opening a bank account will find the services of SMF top of the line. I'm so glad I found a company like SMF.

SMF is a company that knows what they do! Opening a bank account and forming a company through SMF is super simple and everything can be done via email.
Anyone who is considering forming a company and/or opening a bank account will find the services of SMF top of the line. I'm so glad I found a company like SMF.

25-Feb-2015
fantastic, good accurate and fast, italian service excellent :-) Thks

fantastic, good accurate and fast, italian service excellent :-) Thks

24-Feb-2015
This is the second time I have used SFM and despite the first time did not end to be a positive experience I immediately perceived the potentiality of the organization. And in fact this time they really made all the possible effort to make it happen and I had to admit with satisfaction the staff really behaved professionally and sharply. Their worldwide presence facilitates greatly the job compared to other organizations which require to use sub-suppliers jeopardizing and putting at risk the process.
For sure I would recommend SFM and I will recommend SFM to all the people in need of this kind of services. I cannot talk for the whole staff in SFM but for sure the officers and personnel managed my dossier really matched my expectations. Good Job!

This is the second time I have used SFM and despite the first time did not end to be a positive experience I immediately perceived the potentiality of the organization. And in fact this time they really made all the possible effort to make it happen and I had to admit with satisfaction the staff really behaved professionally and sharply. Their worldwide presence facilitates greatly the job compared to other organizations which require to use sub-suppliers jeopardizing and putting at risk the process.
For sure I would recommend SFM and I will recommend SFM to all the people in need of this kind of services. I cannot talk for the whole staff in SFM but for sure the officers and personnel managed my dossier really matched my expectations. Good Job!

23-Feb-2015
obrigado SFM . muito bom serviço

obrigado SFM . muito bom serviço

17-Feb-2015
Rapidité, efficacité et compétence... ce sont trois mots qui pourraient résumer la qualité du service fourni par SFM. Fini les démarches administratives longues et fastidieuses. Merci pour tout.

Rapidité, efficacité et compétence... ce sont trois mots qui pourraient résumer la qualité du service fourni par SFM. Fini les démarches administratives longues et fastidieuses. Merci pour tout.

10-Feb-2015
the agent Zehra fattah who took care of me was absolutely wonderfull , she gave me all the support to open the company.
I have nothing bad to say about her service .
Thank you Zehra

the agent Zehra fattah who took care of me was absolutely wonderfull , she gave me all the support to open the company.
I have nothing bad to say about her service .
Thank you Zehra
