British Virgin Islands
Europe Emirates Group can help you start your business in British Virgin Islands
The British Virgin Islands (BVI) offers an International Business Company (IBC) option for company formation and charges reasonable fees with a fast-track approval process that takes two to three days on average.
Corporations can be formed with only one director and one shareholder, who can be one and the same and companies can also fall under corporate ownership and shareholders.
To start the process, the proposed company name must be submitted along with the name of the director(s) and their birthdate, address and nationality. For shareholders, the full name and address is required. Nominee shareholders may also be appointed. There are no nationality requirements nor do names appear on public record. A director does not need to be resident.
Identity and nationality can be established with photographic ID along with utility bill or bank statement copies (three months old or less) as proof of address. The Registry of Corporate Affairs keeps all business-related documents only information (registered office address, name of registered agent and company name).
Businesses operating in the British Virgin Islands are required to have a physical address and this can be serviced through the Emirates Europe Group associate office.
There are no requirements for the filing of financial statements and all income
generated outside of BVI borders is tax exempt. The BVI government also offers foreign language services.
- Zero minimum share capital requirement
- Zero requirement for annual report filing
- Zero restrictions on foreign capital
- Tax-free rent, dividends, royalties, interests or other forms of compensation
- Zero currency restrictions
- Affordable incorporation fees