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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

Other than having a local registered agent, your BVI company can be fully foreign-owned.

Yes, you can. However, due to to the limited banks available in the BVI, our international clientele opt to have their bank accounts in another jurisdiction, ie Singapore.

Eventhough the popular choice for businessmen is to opt for International Business Company (IBC), do talk to our experts on which is best suited for your business. 

Yes. The minimum requirements of a BVI company would be 1 director, 1 shareholder and a corporate secretary of any nationality. 
However, a local registered agent and a local registered address are required to attend to your business matters with the officials and for the handling deliveries

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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!