Description
The British Virgin Islands (BVI) constitute a non-sovereign overseas territory of the United Kingdom located in the Caribbean made up of over fifty small islands with a local population of approximately 27,000 people. The local legal system is based on English Common Law and English is the official language.
STRUCTURE
- Minimum of one Director, one Shareholder and one Company Secretary
- No minimum authorised capital requirements
- No public record of Beneficial Owners, Directors or Shareholders
- Individuals or a corporate entity can act as Director
TAX & ACCOUNTS
- No requirement to file annual accounts
- No corporate taxes
ADVANTAGES
- Confidentiality regarding Beneficial Owner/Director/Shareholder details
- Quick incorporation procedure
- Attractive tax regime
- Politically and economically stable independent state
- Company names can have a variety of endings such as “Limited”, “Ltd”,
“SARL” and “GmbH”
TIME TO INCORPORATE
- It normally takes approximately 2 working days to incorporate a new BVI
exempt company and a further 10 days to provide you with all company
papers
