BVI Company Formation- British Virgin Islands Company Formation-Company Formation, offshore company formation, offshore company, limited company
   

 Company Formation BVI

Network of international attorneys and tax counsel

Index Contact us About us    
 
 
 
 
German Page
 
Beware of cheap founders!
Contact us
About us
Worldwide Registries
Limited Complete
Limited Formation
Bank Account
Virtuell-Office London
Dubai Company Formation
Liechtenstein Company Formation

Company formation in the USA

CYPRUS FORMS OF COMPANY
SWITZERLAND
Isle of Man
The Canary Islands Special Zone
Panama Forms of Company
British Virgin Islands
CAYMAN ISLANDS
Hong Kong
Gibraltar
Belize
Trust
Foundation
Our services and fees
Feedback
Contact us
 
 
 
 

British Virgin Islands Company Formation (BVI) -Offshore Company Formation

 

BVI Facts | History | People & Culture | Government | Licenses & Permits |

 
Official Name:
  British Virgin Islands or (B.V.I)
Capital:
  Road Town, Tortola
Status/Affiliation:
  British Dependent Territory
Citizenship:
  British Virgin Islander
Official Language:
  English
BVI Currency:
  US Dollar
BVI Time Zone:
  EST (summer), EST+1 hr (winter), GMT-4 in summer & GMT-5 (winter) Daylight Saving Time is not observed
BVI Main Industries:
  Tourism, Yacht Charters & Offshore Financial Services
Official Flag
  Union Jack
National Bird:
  Humming Bird
National flower:
  Oleandor
Population:
  21,730
Head of State:
  Queen ElizabethII (England or UK)
Head of Government:
  Chief Minister Hon. Dr. Orlando Smith
Governor
  Thomas Macan
     
Factor Description
 Corporate tax Offshore Companies None
language of documents English
Operational objects No requirement to specify
Authorized capital Not required as a concept
Minimum paid-up capital No specific requirements
Considerations to the capital In any currency or in kind
Most effective number of shares
(maximum amount at minimum state fee)
50,000 shares (with or without par value)
Bearer shares Yes (but to be held by a custodian only)
Registered Agent in BVI Required
Registered Address in BVI Required
Minimum number of directors One
Non-resident directors Allowed
Corporate directors Allowed
Register of Directors To be kept by the Registered Agent
Register of Directors filed for public record No, but may choose to do so
Minimum number of Members (shareholders) One
Register of Members To be kept by the Registered Agent
Register of Members filed for public record No
Holding of Annual General Meeting Not required
Convention of Meetings of Directors / Members Anywhere in the world, also by proxy
Corporate Seal Mandatory
Imprint of Corporate Seal To be kept by the Registered Agent
Corporate Minutes and Resolutions To be kept by the Registered Agent
Disclosure of beneficial owners to Registrar No
Disclosure of beneficial owners to Agent Yes (confidential due diligence)
Keeping of accountst Internally, only to enable a reasonably accurate determination of financial position
Auditing of accounts Not required
Filing of accounts Not required
Double-tax avoidance treaties Switzerland, Japan
Currency controls / restrictions None
   
Available special types of company Restricted purpose company
Segregated portfolio company
Redomicile a foreign company into BVI Yes
Redomicile a BVI company abroad Yes

Services provided by our Law Firm – or our Partner Network:

-Formation of the company, Apostille, upon request certified translation of the formation documents

-Certificate of Incorporation: The certificate of incorporation is an official document that confirms the name of a registered company, as well as the registration number.

-Certificate of Good Standing

-Ranging from Registered Office to maintaining a business office

- Upon request: Nominee Director (attorney acts as a trustee and acts as the Director of the company during the formation phase) and / or Nominee Shareholder (natural person or legal entity – Law firm acts as a trustee in the form of the shareholder of the company)

- Upon request:  Permanent Nominee Director (Attorney acts as trustee in the capacity of Director of the company during the entire term of the agreement)

Clarification:

A production site, a site for the exploitation of mineral resources or construction works whose duration is greater than 12 months always constitutes the establishment of a place of business in the country of the company's seat (for example: Belize, BVI, Cayman Islands, Nevis etc….), independent „of the place of managerial supervision” (analogous to Article 5 OECD_Model Convention). Otherwise the taxable permanent establishment is defined via the „place of managerial supervision”.  As a rule this implies, that a person who maintains his ordinary residence in the country of the company's seat must act as the Director of the company. Either the client or an agent relocates his ordinary residence to the country of the company’s seat and he, himself, acts as the Director of the company or our Law Firm in the country of the company’s seat provides a Nominee Director. Alternative: For example: The Danish client / founder acts as the Director of the company and establishes credibility that he is present in the country of the company’s seat within the course of carrying out the required managerial supervision. Due to the fact that as a rule tax havens (Belize, BVI Cayman Islands, Nevis etc…) do not maintain a public commercial register, the installation of a “Nominee Director in the formation phase” is possible and not necessarily a "permanently present Nominee Director”.

- Upon request: Bearer shares

- Upon request: Liechtenstein Institute as the shareholder of the company

Clarification:

The shareholder or the shareholders are the „Owner” of the company. It can be individuals or companies.  Bearer shares, nominee shareholder or for example a Liechtenstein Institute as a shareholder serve to conceal the true ownership relationships.  Which constellation is best suited, is dependent upon different prerequisites. We would welcome the opportunity to discuss this with you in a personal setting.

- Opening of an account in the name of the company, incl. Online banking and VisaCard (in the case of bearer shares the opening of an account is often only possible, if the client / founder is not present at the opening of the account)

- Upon request: Investment account in Switzerland (Minimum deposit 10,000 CHF)

- To the extent it is a requirement of domestic law: Provision of proof of the exempt status to the authorities (most tax havens differentiate between offshore and onshore companies. Onshore companies are taxed normally, offshore companies – i.e. companies which transact business outside of the country are not taxed. The Cayman Islands is the exception: Real zero-tax haven)

 

 

 
 
 

 

Partnerseiten:

Firmengründung im Ausland - Firmengründung VAE - Offshore Steueroasen -

Anwalt suchen