BVI Offshore Company
(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.
Steps to company formation - British Virgin Islands
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.
BVI Company
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
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
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), 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.**
BVI Company, ideal for:
British Virgin Islands Offshore Company Formation
British Virgin Islands Jurisdiction News
BVI Receives 2014 Offshore Estate Planning Gong
7 October 2014
The British Virgin Islands has been awarded the 2014 Offs[..]
* 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
28-Feb-2014
SFM delivered me a very good and rapid service, they are very reactive and professionals.
SFM delivered me a very good and rapid service, they are very reactive and professionals.
28-Feb-2014
The service is very efficient.
The listening followed by the search for the best solution are the watchwords of this company.
Excellent!
The service is very efficient.
The listening followed by the search for the best solution are the watchwords of this company.
Excellent!
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.
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.
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.
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.
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.
