Offshore Company Registration in BVI

BVI Business Company (BC)

Benefit
Fast, simple incorporation process
Easy annual maintenance requirement
Modern corporate legislation with flexible structure
Full tax exemption for income derived outside of BVI
No public records of company directors, shareholders
No accounting and auditing requirement
USD as the official currency
The most desirable offshore financial centers
Feature
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At least one director/one shareholder
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Required local registered address
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Required local registered agent
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No minimum paid up capital
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Bearer shares not permitted
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BVI Company Formation Packages

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Refund Guarantee

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Bring your next business venture online

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Streamlined process

Start at your own pace. And reduce waiting time for back-and-forth email communication.
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E-signature

Collaborate with your partner more easily. Less paperwork, more efficiency.
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Digitized KYC

Standardized form & organizational chart to let you control and declare your information effortlessly.
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Centralized management portal

24/7 access to company documents on high-security cloud infrastructure. And no worry about key compliance deadlines with auto reminder.

Incorporate and open a bank account in BVI

steps to register a company in BVI

Step 1:Select company name and types

Every company in the BVI is required to be registered under an accepted name and as an entity type recognized by the law. Typically, there are universal guidelines to choosing a name for your business: availability, appropriateness and uniqueness. As for choosing an entity type, it's best to go with the one that suits business needs to the most.

Step 2:Submit application

You will need to ascertain information on the directors, shareholders, or other key personnels, in prelude to submitting them along with your chosen company name to relevant authorities.

Step 3:Apply for business license

By law, all companies must obtain a business license as either as a sole trader or a registered business. Depending on the nature of your business, additional vetting by industry-specific inspectors and consulting agencies may become a prerequisite before your application is approved.

Step 4:Open a bank account

The final step before your company can get off the ground is to open a bank account in BVI. You can select either neobanks or offshore banks to speed up the process exponentially. For a more robust option, you'll be glad to know that opening a traditional bank account for BVI companies requires no signatory travel.

Step 5:Stay compliant

As the BVI is known for its highly business-friendly envinronment , you'll find that staying compliant is a lot less stringent compared to most places. No need for annual return or tax filing, annual general meeting or audited reports.

Still, Economic Subtance reporting is a worth-concerning task.

BVICompany Incorporation Process

1

Create your orders

Enter our online order platform for easy onboarding experience and tailor your orders. We have different packages and additional services that suit your goals. All information filled in is secured over 256-bit encrypted line.

2

Make payment

You can settle payment for services via flexible payment options including debit/credit card of Visa, Master, Amex or Bank Transfer. After you complete payments, we will provide you a checklist of required information for BVI company registration.

3

Collect and verify KYC documents

Once we've received your payment, our customer service will contact you to process the neccessary paperwork. We'll guide you to properly prepare documents for incorporation in BVI via KYC online form. You can also access our digital Client Portal to proceed with the incorporation steps and keep track of the process anytime, anywhere.

4

Finish the company registration

The electronic documents are ready after 2 working days of company formation, and it takes 3-7 days for courier the original kit.

KYC Documents Checklist

KYC documents are essential to verify the identity of individuals and corporations in BVI. Below, you'll find a list of the required documents.

The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.

Proof of identity
  • A certified true copy (scanned version) of the passport (valid for at least 6 months);
  • A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.
See sample of a certified true copy
Proof of address

We require certified true copy (scanned version) of address proof, which can include any of the following: Bank reference / Bank statement / Utility bill / Driver license.

The address proof must clearly show the holder's full name along with physical address written in English (P.O. Box addresses are not accepted).

Please note that the provided proofs must be the most recent version and dated within the last 3 months.

*Note that the list provided, while comprehensive, may not encompass all requirements.

For further personalized consultations tailored to your specific case, please reach out to our support team anytime

Need more help to set up a business in British Virgin Islands?

Just get in touch with us. We typically response within 2 hrs.

Frequently Asked Questions

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