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.
Typically, the process of incorporating your new British Virgin Islands legal entity can be as fast as one business day, as soon as we have received all necessary documentation in order.
• Choose a business entity: Our team of experts will reach out to you and advise you on the different types of companies in The British Virgin Islands that best fit your business profile. The most common option for offshore companies in the BVI is the International Business Company (IBC).
• Choose a company name: Concurrently, we will thoroughly search the local Registrar’s Index of Names for the availability of your desired company name and reserve it. The company name has to be unique and not in use by another business.
• Appoint directors and shareholders: A company in the BVI must have at least one director and one shareholder, who can be individuals or corporate entities. Additionally, a local registered agent is required. We can provide resident nominee directors, shareholders, registered agent if necessary.
• Completing all documents: Subsequently, we will collect information and assist you with the necessary documentation and registrations with the relevant authorities for your BVI entity.
✓ Providing Nominee Services (Director / Shareholder)
✓ Opening of a Corporate Bank Account with International Banks
✓ Providing a Local Address or Serviced Office
✓ Obtaining a Business License (if necessary)
And you’re done! After the successful incorporation of your new British Virgin Islands entity, you are all set to carry out business worldwide. We will courier over the relevant incorporation documents to your preferred address for your safekeeping. Time of delivery varies depending on your location.
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
Ready to incorporate in BVI? Talk to our experts today and get your BVI company up and running in no time!