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BVI Offshore Company
(British Virgin Islands)

More Information
Steps to company formation - BVI
 
 
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.
 
 

Banking Options

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BVI Company
Good to Know
BVI enjoys 0% Taxation, no auditing and no paid up capital requirement.

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
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.
Confidentiality
The BVI registry offers a high level of privacy. Company officer names is a restricted information that is not available to the public.
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
Taxation
No taxes of any sort.
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.
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
A certified copy 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), as well as a certified copy of a proof of domicile dated less than 3 months , a bank reference letter. All in original.**






British Virgin Islands Offshore Company Formation


British Virgin Islands Jurisdiction News


BVI Focused On Attracting Businesses with 'Substance'

25 October 2016
The British Virgin Islands is to adopt a new investment policy intended to encourage companies to establish operations with substance on the islands.[..]
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BVI To Become A World-Leading Finance Center, Says Governor

27 September 2016
John Duncan, the Governor of the British Virgin Islands (the UK-appointed representative to the islands), has said the territory is poised to become one of the best regulated financial services jurisdictions in the world. Duncan said this is as a result of a measured response to international regulatory challenges [..]
Continue reading

BVI to Protect Bank Deposits

16 June 2016
Deposits with financial institutions in the British Virgin Islands will be protected following the enactment of the Virgin Islands Deposit Insurance Act 2016.[..]
Continue reading
* 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.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
28-Feb-2014
I have used SFM and was happy with service : professionalism and very reactive. The website gave all the information I needed so I was confident in ordering company registration.
Yes, I would absolutely recommend to use SFM services.
28-Feb-2014
My experience with SFM is excellent, they are very professional in all areas they offer. If you have any question they always answer quick and in an professional way.
23-Feb-2014
Things have been very smooth since my first contact with SFM and they always answered pricisely and quickly to my anwers.
21-Feb-2014
I am very pleased with the service which SFM has provided me. The process was efficient, straight forward, and quick. I have used various corporate service providers in the past and after using SFM, it has taken the number one spot. Everybody who were involved in setting up the company have been very helpful and accommodating. I will definitely be using SFM for any future business.
21-Feb-2014
Site clair et précis
Tarif transparent
Service et écoute excellent
rapidité d'exécution
Sérieux
courtoisie
20-Feb-2014
I am very happy with the way SFM operates. I came to them in order to have a new company incorporated. They have advised me about the best options available and were able to set up the company within a couple of days. I also paid for a bank account with that company and they were very helpful in that regard as well. They set up the meetings with the bank and I was able to go there in person and sort everything out much faster than normal. All in all, I would recommend SFM if you want to have a new company incorporated.
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