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British Virgin Islands BVI Company Incorporation

Having a BVI company is a popular jurisdiction for offshore company formation, due to its ease of setup, territorial tax system and variety of structures.

At Worldwide Fellow, our experts are readily available to assist our global clients to register a company in the British Virgin Islands BVI. The services include company formation, providing local nominee directors, and opening corporate bank accounts. 

On average, your British Virgin Islands BVI company can be registered within one business day upon submitting the necessary documents. 

British Virgin Islands Company Fees

British Virgin Islands BVI Company Incorporation Fees

Type of Company

Gov. Fees & Service Charges

Service Fee for Year 1

Renewal Service Fee

International Business Company

USD $900

USD $1299

USD $1299

Summary
Total

Bank Account Opening Service Fees

British Virgin Islands

Bank Name

Deposit Required

Application Type

Service Fee

USD $1000

In-Person Visit

USD $699

Singapore

Bank Name

Deposit Required

Application Type

Service Fee

SGD $100,000

In-Person Visit

USD $699

SGD $30,000

In-Person Visit

USD $699

SGD $30,000

In-Person Visit

USD $699

SGD $30,000

In-Person Visit

USD $699

SGD $30,000

In-Person Visit

USD $699

SGD $30,000

In-Person Visit

USD $699

  • Please be advised that the processing time for opening a bank account is at the discretion of the bank and may vary from one week to four weeks.
  • Please refer to our full list of international banks to view remote application options.

Nominee Services Fees

Type of Service

Annual Fee

Nominee Local Director

USD $699

Nominee Shareholder

USD $699

Frequently Asked Questions on British Virgin Islands BVI Offshore Companies

Government fees are mandatory charges set by the BVI authorities for incorporating and maintaining a BVI Business Company. These include incorporation filing fees and annual renewal fees, which vary depending on your company’s structure and share capital.

While the core setup fee includes incorporation and government charges, there may be additional costs for services like nominee appointments, apostilled documents, or courier delivery. At Worldwide Fellow, we will be upfront and transparent with our fees. 

Annual renewal fees typically cover government dues, registered agent services, and statutory compliance maintenance. These are payable each year to keep the company in good standing. Late payments may incur penalties or risk company strike-off.

Nominee services are usually optional and charged separately from basic incorporation packages. If you require nominee directors or shareholders for privacy or structuring purposes, confirm their inclusion and scope before proceeding.

Yes, most BVI companies require annual services such as registered agent renewal, document safekeeping, and filing of economic substance declarations (if applicable). These are often billed separately from the incorporation fee and form part of ongoing maintenance.

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Your Business In British Virgin Islands (BVI) Made Easy

Ready to incorporate in BVI? Talk to our experts today and get your BVI company up and running in no time!