Customer Service

British Virgin Islands Company Formations

The British Virgin Islands is the most popular offshore jurisdictions with favourable business regulations, a prosperous economy and stable political situation.

Once you have submitted the name of your International Business Company to us, reservation of the company name will be obtained within hours.

BVI Fees to Incorporate

  • Company Formation – £480
  • Provision of Registered Office and Resident Agent – £420
  • Government Fee – US$450
  • Shareholder Due Diligence 3 or more – £40 each
  • Directors Register Maintenance – £175
  • Company Secretary recommended – £400

BVI Annual Maintenance Fees

  • due by 01 Jan or 01 July
  • Provision of Registered Office and Resident Agent – £420
  • Government Fee – US$450
  • Economic Substance Filing Fee – £450
  • Company Secretary recommended – £400
  • Directors Register Maintenance – £175

BVI Company Registration

We offer a complete incorporation package in the BVI that includes:

  • Reserving your Company Name
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Registry of Corporate Affairs
  • Appoint the Directors
  • Initial Government licence fee payable on incorporation
  • Standard government fee to BVI government
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • Delivery of documents by courier

Documents and Information

To start incorporating a company in the BVI we only require the following:

  • Your proposed Company Name
  • The directors full name, date of birth, address and nationality
  • The shareholders full name and address

Company Name

  • Your company name must end with Limited, Corporation, Incorporated or one of the abbreviations Ltd., Corp., or Inc.
  • A company name check can be carried out free of charge within hours.
  • We can reserve your company name for 5 days.

Authorised and Issued Share Capital

  • No authorised share capital
  • No restriction on a company purchasing its own shares
  • No minimum paid up capital
  • Share Capital may be in any currency
  • Shares may be issued with or without par value.

In the BVI the standard authorised share capital is US$50,000. Upon incorporation and annually thereafter, there is a duty payable on the amount of share capital. US$50,000 is the maximum amount of capital allowed whilst still paying the minimum duty.

Shares can be issued with or without a par value and do not need to be fully paid on issue. The minimum issued capital is one share of no par value or one share of par value.

BVI Company Directors

Only one director is required for your BVI company with no restriction placed on nationality or residence. A director may be an individual or corporate entity. Due to the high level of confidentiality in the BVI, the names of the directors do not appear on public record.

Directors Register Maintenance

A key provision introduced by the BVI Business Companies (Amendment) Act, 2015 is the requirement to file a Register of Directors with the Registry of Corporate Affairs within 14 days of the appointment of the first director.

BVI Company Shareholders

Your BVI company requires a minimum of one shareholder who may be the same person as the director. Shareholders may be of any nationality and may reside anywhere.

Registered Office and Registered Agent

A physical registered office address in the BVI is required. We can provide you with a registered office and a registered agent for your company in the BVI.

Your company’s Register of Shareholders, Register of Directors and all Minutes & Resolutions are  kept at the Registered Office with complete confidentiality.

BVI International Business Company (IBC) Formation

  • Reserving your Company Name
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Registry of Corporate Affairs
  • Appoint the Directors
  • Initial Government licence fee payable on incorporation
  • Standard government fee to BVI government
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier

BVI Taxation

The Economic Substance (Companies and Limited Partnership) Act 2018 (“ES Act”) requires all companies and limited partnerships conducting “relevant activities” to show substance/presence in the BVI, unless they are tax resident in another country.

All BVI companies must inform the International Tax Authority of their Economic Substance status. An initial legal assessment will be mandatory for every BVI company and an Economic Substance filing must be submitted annually to the International Tax Authority.

BVI IBC Annual Renewals

BVI IBC renewals are due in either January or July, depending on the incorporation date of the company

• Companies incorporated between 1st January – 30th June, the renewal date falls due the following 01 January (and every year thereafter)
• Companies incorporated 1st July – 31st December, the renewal date falls due the following 01 July (and every year thereafter)