Incorporation in BVI

The British Virgin Islands (BVI) are a British overseas territory in the Caribbean Sea, east of Puerto Rico. It is an ideal location for businesses looking to expand into South America due to the close relations to the US Virgin Islands and Puerto Rico. BVI is regarded as one of the world’s leading offshore financial services centres. Elsewhere, this territory is the world’s second largest domicile for offshore investment fund formation.

Why BVI?

 Light touch regulation

 Efficient maintenance

 High level of confidentiality

 Strong global reputation

 Low cost incorporation

 Territorial tax neutrality system

Key features of BCs

1,000+ business company doing Company services with us.

Tax
Tax exemption benefit for BCs conduct the businesses outside of the British Virgin Islands
Registered agent and local address
Mandatory, ensures the company and its operations comply with all aspects of BVI company law
Company's member
Must have at least one director & shareholder who can be either individual or corporation and one ultimate beneficial owner (must be a natural person)
Ongoing compliance
Must be renewed before the company's anniversary date and file Economic Substance declaration form annually
Share capital
No minimum share capital requirement
Public information
Details of company members' information are not subject to public disclosure
Register Offshore Company Processing

Your BVI company formation in four simple steps

Follow the right path with the right procedure

How to setup and maintain an offshore company
START
Step 01

Select package and submit KYC documents

SUBMIT 
Step 02

Sign application forms and do due diligence requirements

AVAILABLE 
Step 03

Submit the application and receive corporate documents

 ONGOING COMPLIANCE 
Step 04

Annual registration renewal to keep business in good standing

Due Diligence Requirements

Properly prepared documents allows a speedy approval process 

To get started, you should prepare the following documents:

    • Scanned copies of notarized passports of all members
    • Scanned copies of notarized address proofs of all members
    • Emails and phone numbers of all members
    • Souce of funds of all members: A Résume is sufficient
    • Business description in 20-30 words (company website, products or services, sector, major operating countries)

NOTES

  • The compliance officers may require for additional documents on a case by case basic.

Plans and Pricing

Primary packages for forming and operating an offshore company in British Virgin Islands

Standard

Essential Incorporation

US$ 1,600
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the BVI Registry
  • All government fee in 01 year
  • One set of digital corporate documents

2. Registered Agent & Address

  • Registered agent and local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Processing time in 7 business days

Premium

Urgent, Fast-turnaround time

US$ 2,550
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the MI Registry
  • All government fee in 01 year
  • One set of digital corporate documents

2. Registered Agent & Address

  • Registered agent & local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Dedicated life-time customer support (priority service - reply in 24 hours)

3. Offshore Banking Assistance

  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • 2 Additional suitable banking assistance services
  • Notarize Cert of Incumbency by Notary Public (valued at USD 425.00 - required by banks for account opening)
  • Bank account opening with Payoneer if applicable
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection
Recommended

Premium Plus

Revolutionize Your Finances

US$ 2,850
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the MI Registry
  • All government fee in 01 year
  • One set of digital corporate documents

2. Registered Agent & Address

  • Registered agent & local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Dedicated life-time customer support (priority service - reply in 24 hours)

3. Offshore Banking Assistance

  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • 3 Additional suitable banking assistance services
  • Notarize Cert of Incumbency by Notary Public (valued at USD 425.00 - required by banks for account opening)
  • Bank account opening with Payoneer if applicable
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection

NOTES

If your company has more than 2 members, we need to collect the KYC compliance check fee of US$ 50.00/each member, counted from the 3rd member onwards. Clients who choose Premium Plus Package will have up to 5 KYC compliance checks on each member for free.

Standard Package

Essential Renewal

US$ 1,600
Get started
  • All government fees in 01 year
  • Registered agent and local address in 01 year
  • Company secretary services in 01 year
  • Automatic reminders on filing deadlines

Recommended

Premium Package

Urgent, Fast-turnaround time

US$ 1,800
Get started
  • All government fees in 01 year
  • Registered agent and local address in 01 year
  • Company secretary services in 01 year
  • Automatic reminders on filing deadlines
  • Dedicated customer support within 24 hours

NOTES

Except for annual renewal registration, BCs in BVI must follow the below obligations to keep businesses in legal & good standing status:

  • File Economic Substance declaration annually: USD$ 350/company/per year 
  • File Annual return: US$ 300/company/per year
Recommended

Banking Assistance Service

US$ 499
Get started
  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • Notarize Cert of Incumbency by Notary Public (valued at USD 425.00 - required by banks for account opening)
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection

NOTES

  • Our banking support service is applied for 1 bank at 1 time. 
  • The final decision is at the bank's discretion, upon checking your business profile and supporting documents. 
  • Additional fee for notarization may incur if the application is approved which mainly depends on the bank you choose. 

Try Us

Under 40 transactions per month

US$ 300/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

From 41 to 70 transactions per month

US$ 500/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

From 71 to 100 transactions per month

US$ 700/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

NOT MATCHED YOUR GOALS?

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You can talk to a customer support representative or send us an email to one of the following addresses. We will respond to your request at earliest time possible.

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Frequently Asked Questions

ANSWER

The BVI has a good reputation for keeping business information private, all will be kept confidential and can not be found online either. Only the Register of Directors are filed to the Public Registry

ANSWER

2-3 working days, since all documents are in order

ANSWER

There are no residency requirements as long as you have a local registered agent.

ANSWER

A company needs, at all times, to appoint a registered office and agent in the Virgin Islands.

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