A Certificate of Good Standing confirms a BVI company has a Status of Good Standing with the BVI Register of Companies.
The Certificate of Good Standing is issued under section 235 of the BVI Companies Act 2004 and contains a statement that, at the date the certificate is issued, the BVI company is on the Register of Companies and has paid all fees and any penalties due under the Act.
The certificate includes the following information:
To remain in Good Standing with the Registrar of Corporate Affairs a BVI company is required to pay its Annual Government licence fee.
The Certificate largely resembles the Certificate of Incorporation and is used to confirm the company's continued legal existence. It also confirms that all administrative requirements pertaining to the company's continued registration have been complied with.
Such a certificate will be issued if:
The certificate will state whether:
We can now provide a Certificate of Good Standing produced by the Registry of Corporate Affairs and delivered electronically. Electronic Certificates of Good Standing issued by the BVI registry will bear the same security features as traditional hard copy certificates and can be authenticated using the authentication service provided by the Financial Services Commission. Certificates of Good Standing issued by the Commission’s Registry of Corporate Affairs now bear the additional security feature which is a unique Certificate ID which can be verified.
Alternatively we can provide a traditional hard copy of the certificate delivered by courier. The Certificate of Good Standing can also be provided Apostilled by the Deputy Governor's Office in the BVI.
If the company is not in Good Standing and a Good Standing Certificate cannot be issued by the BVI registry they will instead provide a company search extract showing the current company status.