The key features of a BVI Company Registration are:
- Company transferred within 48 hours
- Only 1 director and 1 shareholder are required in a BVI Company, the director and shareholder can be the same person
- You do not need to be resident in BVI to be a director or shareholder
- A BVI Company can be transferred with no personal visit required
- No annual accounting requirements
- Business can be conducted internationally
- Exemption from all local taxes and stamp duty
- Only 1 yearly renewal fee required for a BVI company
The British Virgin Islands is most commonly known as BVI. It is one of the oldest and most respected offshore financial centres in the world. BVI is a British overseas territory located to the east of Puerto Rico, in the Caribbean. To the North of the Island lies the North Atlantic Ocean, and to the South Lies the Caribbean Sea.
The most common BVI Company type in is an International Business Company (IBC).
IBC’s are companies in the British Virgin Islands under the International Business Companies Act, 2004.
If you’re considering how to buy a Shelf Company in in the BVI then please contact us for expert advice and information.