Excellent
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At least one director/one shareholder
Required local registered address
Required local registered agent
No minimum paid up capital
Bearer shares not permitted
Company Formation
* This Package includes everything for a foreigner to set up a new BVI Business Company (BC) from the beginning
** All-in renewal fee at US$1,059
Everything in Basic package
Open Bank Account
Everything in Standard package
Premium Banking Support
Company Formation
* This Package includes everything for a foreigner to set up a new BVI Business Company (BC) from the beginning
** All-in renewal fee at US$1,059
Everything in Basic package
Open Bank Account
Not sure which package is right for you?
Talk to usSelect the company formation package from BBCIncorp that meets your requirements. During this process, we also provide free consulting to help you set up the right company structure per your need.
Your settlement can be made online via Credit card, Debit Card, or Paypal. Bank wire transfer is also acceptable.
After receiving order and payment, our customer service will contact you in the same day to confirm order information and gather required documents for incorporation in BVI.
Once having received all needed documents duly prepared, your BVI company setup can be done during 2 - 3 working days. The electronic documents are ready immediately after the company formation, and it normally takes 3 - 7 days to courier the original ones.
We also provide true copy certification service for your personal identity documents as per your need
* See certified true copy guide
Certain BVI companies carrying on relevant activities and not tax-residents in other jurisdictions shall be subject to the Economic Substance (Companies and Limited Partnerships) Act, 2018 in the BVI.
“Relevant activities” under the BVI ES regime comprise: Banking, Insurance, Fund management, Finance and leasing, Headquarters, Shipping, Holding company, Intellectual property, Distribution and service centers.
All in-scope BVI companies under this regime must fulfill the compliance duties or economic substance test for each relevant activity they engage in. Learn more about BVI ES Guide >>
The name of an IBC in BVI should end with the suffixes such as Limited, Corporation, Incorporated, Société Anonyme, Sociedad Anónima or their relevant abbreviations.
Any name that is identical or similar to an existing company, or any name that suggests the patronage of the Royal Family or the Government of the British Virgin Islands, is restricted.
There must be at least one director to incorporate in BVI. The director can be sole shareholder and ultimate beneficial owner (UBO).
The sole member of a BVI company can be a natural person or a corporate body. Especially, a corporate can be the UBO only if it is listed public.
Like offshore companies in Belize or Seychelles, an IBC in BVI is tax-free completely for its profits earned.
Bank, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment fund, trust, trustees, Chamber of Commerce, university, municipal or their foreign language equivalents.
Our incorporation fee in BVI includes essential items for registration:
